Abstract
During the past few years, organizational commitment has been a major concern in different types of business activities including banking industry. In this paper, we present an empirical investigation to study the relationship between social entrepreneurship and organizational commitment. The proposed study of this paper adapts a standard questionnaire developed by Meyer and Allen [Meyer, J. P., & Allen, N. J. (1991). A three-component conceptualization of organizational commitment. Human resource management review, 1(1), 61-89]. Cronbach alpha has been calculated for affective commitment, employee engagement and normative commitment as 0.77, 0.79 and 0.61, respectively. The results of survey indicate that affective commitment, employee engagement and normative commitment have positively influenced organizational commitment, significantly. In addition, Freedman test has indicated that normative commitment is number one priority with mean rank of 2.85 followed by affective commitment with mean rank of 2.47 and employee engagement with the mean rank of 2.26.
Highlights
Today, the positive influence of entrepreneurship in the economy has been socially accepted
We present an empirical investigation to study the relationship between social entrepreneurship and organizational commitment
Freedman test has indicated that normative commitment is number one priority with mean rank of 2.85 followed by affective commitment with mean rank of 2.47 and employee engagement with the mean rank of 2.26
Summary
The positive influence of entrepreneurship in the economy has been socially accepted. Derakhshandeh (2013), for instance, investigated the impact of entrepreneurship on growth of economy over the period 2005- 2011 They studied the effect of four factors including Gross domestic product per worker, Growth in capital per worker, New firm creation and Technological innovation intensity on economic growth. They reported that gross domestic product per worker was the only variable, which was statistically meaningful and the effect of other three variables including growth in capital per worker, new firm creation and technological innovation intensity were not statistically meaningful Intellectual capital is another important issue, which has significantly influenced organizational performance and identifying different methods to create, manage, and evaluate the effect of intellectual capital has become an open area of research. Vakil alroaia et al (2012), in other work, used DEMATEL technique to categorize the entrepreneurial barriers in the industry of Iran in 2 groups of cause and effect They implemented fuzzy concept to handle any ambiguity on the feedbacks gathered from decision makers. “legal obstacles” and “optimum use of financial resources” were at the highest degree of impression on business units
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