Sustainable Regional Value Capture by Social Businesses: A Dynamic Capability Perspective

Chrysostomos Apostolidis; Mujahid Mohiuddin Babu; Lefteris Kretsos; Bidit L. Dey; Pallavi Singh; David Brown; Sadaat Yawar

doi:10.1080/00343404.2026.2685047

Sustainable Regional Value Capture by Social Businesses: A Dynamic Capability Perspective

Chrysostomos Apostolidis^*
, Mujahid Mohiuddin Babu
, Lefteris Kretsos
, Bidit L. Dey
, Pallavi Singh
, David Brown
, Sadaat Yawar

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

Abstract

The contribution of social businesses to regional sustainability has garnered increasing prominence in the regional studies literature. However, there is a lack of research on how social businesses can contribute to sustainable value capture by enhancing regional dynamic capability. By adopting the theoretical lens of dynamic capabilities, this paper draws on data from Bangladesh and Greece and establishes that sustainable regional value capture is achieved through the mutual shaping of regional and firm-level dynamic capabilities, augmented within regional ecosystems. Social businesses can optimise sustainable regional value capture by leveraging four drivers and attributes: collaboration, agility, regulation and entrepreneurial leadership.

Original language	English
Article number	2685047
Journal	Regional Studies
Volume	60
Issue number	1
Early online date	2 Jul 2026
DOIs	https://doi.org/10.1080/00343404.2026.2685047
Publication status	E-pub ahead of print - 2 Jul 2026

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 9 Industry, Innovation, and Infrastructure
SDG 11 Sustainable Cities and Communities
SDG 16 Peace, Justice and Strong Institutions

Keywords

social business
value co-creation
Value co-destruction
regional dynamic capabilities
regional value capture

ASJC Scopus subject areas

Business, Management and Accounting(all)

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abstract = "The contribution of social businesses to regional sustainability has garnered increasing prominence in the regional studies literature. However, there is a lack of research on how social businesses can contribute to sustainable value capture by enhancing regional dynamic capability. By adopting the theoretical lens of dynamic capabilities, this paper draws on data from Bangladesh and Greece and establishes that sustainable regional value capture is achieved through the mutual shaping of regional and firm-level dynamic capabilities, augmented within regional ecosystems. Social businesses can optimise sustainable regional value capture by leveraging four drivers and attributes: collaboration, agility, regulation and entrepreneurial leadership.",

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AU - Kretsos, Lefteris

AU - Dey, Bidit L.

AU - Singh, Pallavi

AU - Brown, David

AU - Yawar, Sadaat

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KW - value co-creation

KW - Value co-destruction

KW - regional dynamic capabilities

KW - regional value capture

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ER -

Sustainable Regional Value Capture by Social Businesses: A Dynamic Capability Perspective

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

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