Abstract

This study attempts to arrive at the vital factors affecting social entrepreneurial intentions and establish a model with the help of the Pareto principle. In the first stage, a thorough literature review on the factors affecting social entrepreneurial intentions was conducted which revealed a number of variables that influence or are responsible for the formation of social entrepreneurial intentions. In the second stage, a quality tool “Pareto analysis” was used to identify and propose “vital few” factors, by applying the 80:20 rule. Lastly, the study proposes a comprehensive model of social entrepreneurial intention formation. (a) The results of this study will be helpful in further research on the subject by providing a ready literature review on the subject, (b) the model can be used by fellow researchers in related research works, and (c) the resulting appropriate factors may be inculcated in curriculum of academic programs, experiential learnings, and trainings related to social entrepreneurship.

Highlights

  • Social entrepreneurs and social entrepreneurship Scholars in the field have taken different approaches to define the phenomena of social entrepreneurship

  • The motive of the present study was to identify the vital factors responsible for social entrepreneurial intention formation and proposing a conceptual model based on the findings

  • A thorough literature review was conducted to arrive at a list of factors, which was further screened with the help of Pareto analysis

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Summary

Introduction

Social entrepreneurs and social entrepreneurship Scholars in the field have taken different approaches to define the phenomena of social entrepreneurship. All the definitions intersect at the common motive of creation of social value through innovative solutions. This social value either comes as a benefit to the society or as a solution to prevailing social problems. Social entrepreneurs adopt a mission to create social value in addition to the private value. They recognize new opportunities and relentlessly follow them to serve this mission. For the purpose of this study, we adopt ATB as an attitude towards becoming a social entrepreneur (ATB-SE), i.e., the degree to which a person possesses positive or negative evaluation towards the idea of becoming a social entrepreneur. We propose the following: P1: ATB-SE will positively affect SEI

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