Determinants of the Students’ Intention to Pursue Social Entrepreneurship in Pakistan As A Career Choice

Abstract

Entrepreneurship is an evolving and fascinating subject in the field of business management, yet there is a lack of research on social entrepreneurship. A lack of knowledge about social entrepreneurship makes it impossible to address the issues that young people in developing nations confront, such as unemployment, poverty, environmental issues and societal issues for which the government is unable to offer a solution. Social entrepreneurship will improve national economic growth by overcoming several economic challenges. This study used a qualitative research design in which eleven semi-structured interviews were conducted to get rich data from MBA students. The thematic analysis was conducted to obtain the findings related to the social entrepreneurial intention of the students. The study’s findings showed that students are enthusiastic about choosing social entrepreneurship as a career. It is observed that optimism and self-efficacy were equally important in building social entrepreneurial purpose, but the fear of failure frequently caused students to be less resilient. Despite possessing social capital, financial capital, and entrepreneurial education, psychological capital must still be prioritized.