In this paper, we analyze the attempts of collective business modeling of multi-stakeholder meta-organizations for social innovation, through the study of four empirical territorial cooperations in France. Our contribution seeks to answer the following question: how is collective business model built for MSMOs ? The aim of this study is to analyze how MSMOs for social innovation develop a collective business model that considers the business models of their members, as well as the value they produce for the MSMO, its members and more broadly the territory. Our study shows that collective business modeling of MSMOs can be seen as “bricolage” and temporary solutions as well as difficulties between members and with external stakeholders, both pointing out to an infeasible equation. This paper sheds light on specific economic and values conditions of MSMOs to develop social innovation through socio-economic activities. This also sheds light on difficulties and failures developing a collective business model of MSMO on a permanent basis, making it impossible to answer to grand challenges.
