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The Outstanding Technological Breakthrough and the Triad of Classic, Social and Public Entrepreneurship – Grounds for a Prosperous Society Cover

The Outstanding Technological Breakthrough and the Triad of Classic, Social and Public Entrepreneurship – Grounds for a Prosperous Society

By: Ana-Maria Grigore and  Ion Popa  
Open Access
|Jan 2026

Abstract

Against the background of the corona pandemic, economic, and geopolitical crises in the past years, the question of how to achieve a sustainable development recovery has become a critical issue for many organizations and governments. For this reason, in the context of a huge technological leap, our research approach aims to advance the discussion about the triad on which stable and prosperous societies must be laid, is made up of the three pillars: classic, social and public entrepreneurship. This conceptual paper proposes a theory that focuses on the connections and the complementarity of the three types of entrepreneurship. Using a comparative analysis, we adapted and extended the framework proposed by Austin et al. (2006); we started from their proposed four key variables to guide our analysis – mission, market failure, resource mobilization, performance measurement – and we added two other variables: knowledge and technology. We also used the triadic model as a background (Scarlat, 2017). Using the theoretical foundations we laid out, this paper develops a new understanding of social and public entrepreneurship. It also suggests areas for researchers to explore further and makes some practical recommendations for public and social entrepreneurs.

DOI: https://doi.org/10.2478/sbe-2025-0050 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 187 - 203
Published on: Jan 18, 2026
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2026 Ana-Maria Grigore, Ion Popa, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.