Review Paper on Examining the Role of Factors Affecting Social Entrepreneurship Intention

Abstract

Social Entrepreneurship (SE) means acting within markets to help a societal cause. Such societal causes appear when markets fail: either business cannot fulfill existing needs, because they cannot be catered to profitably, or governments cannot fulfill them, as they have low priority in terms of public support. Yet, little is known about social entrepreneurship in nonprofits and what drives entrepreneurship on the part of nonprofits and the much-desired social innovations. Policy-makers have introduced measures presupposing that social entrepreneurship will respond in the same way as they’re for-profit cousins do. The spectrum of activities that come within the ambit of social entrepreneurship is wide: they are innovative; undertake social value creating activity that can occur within or across the nonprofit, business, or government sectors. One specific form of social entrepreneurship is the creation of social enterprises, new ventures that permit revenue generation with or without the employment of the disadvantaged. What is not known are the factors or intentions that motivate the nonprofits to embark on social entrepreneurship? Social entrepreneurial intentions are understood as a self-acknowledged conviction by a person that he/she intends to become a social entrepreneur and consciously plan to do so at some point in the future. This paper highlights the type of research done in the area of social entrepreneurship intention and the findings of some of the studies conducted across many countries.