Entrepreneurship is often thought of as an activity that involves starting companies with the sole intention of earning money or creating jobs. But it’s important to keep in mind that entrepreneurship isn’t just about making profits. It’s about identifying value in unexpected places – whether that be through the creation of a novel product or service, improving the quality of an existing community, or by creating a new process.
So, it’s no surprise that entrepreneurship is a close link to the social sciences. There is a lot of overlap between these two fields, especially in terms of how entrepreneurs must be aware of their impact on people and communities. To run a business successfully, they need to be aware of trends in society and the human psychology.
The rise of the social entrepreneurship (SE) field has resulted in new and fresh perspectives on entrepreneurial processes. There are numerous schools of research that deal with this new type of entrepreneurship. The analysis of citations shows that the most prevalent approach is that is based on theory of institutions, with a clear domination of articles by scholars from Western societies. These papers often address questions of external determinants like the existence of an ecosystem or the policies of government that may affect the founding and operation of SE ventures. They also analyze the role https://ukpip.org/data-room-services-and-their-influence that emotional and socio-cultural aspects play in the decision to engage such activities.