Explore the Development of Social Enterprises in Taiwan from the Dynamic Capabilities Approach

In recent years, social business has been to be one of the important business developmental trends in Taiwan. The huge pushing power came when Prime Minister Yi-Hua Jiang announced that Taiwan has entered the first year of Social Enterprise from 2014. The single case analysis based on the theory of dynamic capabilities is adopted in this study via direct observation the selected Kung Yuan Social Enterprise Co. Ltd. Which was the first social enterprise company in Taiwan. By means of data collection and analysis, our aims were to explore its rise and developmental process, in order to understand how they built their organization and why they positioned themselves to be non-profit organizations and businesses as well as how they secured the competitive advantages and demonstrating truthful effectiveness. In addition, SWOT model is adopted in this paper for further analyzing their development process and development path. The conclusions and recommendations would be used as references for future researches with similar institutions. Due to the limited resources from which we obtained information, we were unable to understand some of the data about the company´s "business" and "social" characteristics. Others factors such as human resource management, R&D and other issues must wait for additional study in the future.