Entrepreneurship is often thought of as a business that involves starting businesses solely for the purpose of earning money or creating jobs. It is important to keep in mind that entrepreneurship is more than simply making money. It’s about finding value in the unexpected – whether that’s through the creation of a brand new product or service, trying to improve the existing community, or through developing a revolutionary process.
It’s not surprising that entrepreneurship and social sciences are closely linked. There is lots of overlap between these two fields, particularly in terms of how entrepreneurs must be aware of their impact on individuals and communities. They must be aware of the societal trends as well as human psychology, and a wide range of other aspects that are crucial to social science research ukpip.org/logitech-options-for-mac to run their business successfully.
The field of social entrepreneurship (SE) has given birth to a variety of new and creative concepts of entrepreneurship. There are a variety of schools of thought in the literature dealing with this new type of entrepreneurship. The analysis of citations shows that the most prevalent method is that is based on the theory of institutionalization, with a clear domination of papers written by academics from Western societies. These papers usually address the issue of external factors like the existence of an ecosystem or the policies of government, which can affect the foundation and operation of SE ventures. They also analyze the importance that social and emotional factors influence the decision to engage such activities.