AUTHOR NAME:-PAYAL NIMBALKAR
ROLLNO.-0222041
LITERATURE REVIEW:-
Complex Thinking, and Entrepreneurial Self-Efficacy
VÁZQUEZ-PARRA, J. c. et al. (2023) states that the Self-efficacy indicates the perception that a person has adequate and sufficient knowledge, attitudes, and skills to execute actions to produce an outcome effectively. They state the correlation between social entrepreneurship, complex thinking, and entrepreneurial self-efficacy in a sample of Mexican students. The study found that students who displayed higher levels of complex thinking and entrepreneurial self-efficacy also exhibited a greater inclination towards social entrepreneurship. The findings suggest that promoting complex thinking and entrepreneurial self-efficacy could potentially cultivate a greater interest in social entrepreneurship among study.
Perspectives.
GIGAURI, I. et al. (2022) states that the Social entrepreneurship includes entrepreneurial orientation and entrepreneurial behavior. The study delves into the motivations, challenges, and strategies employed by these entrepreneurs in addressing social issues and creating positive societal impact. Through interviews and case studies, they highlight the unique cultural and contextual factors influencing social entrepreneurship in Georgia. The article offers valuable insights into the role of social entrepreneurs in driving social change and provides a comprehensive understanding of the Georgian social entrepreneurship landscape.
Competency in Higher Education
GARCÍA-GONZÁLEZ, A. et al. (2023) States the competencies that are required to teach social entrepreneurship in higher education. The study used a mixed-method approach to analyze data collected from interviews, surveys, and focus groups with faculty members, students, and social entrepreneurs. The authors identified seven competencies, including empathy, creativity, and collaboration, that are necessary for social entrepreneurship education. The findings of the study suggest that social entrepreneurship education can help students develop the skills and knowledge necessary to become successful social entrepreneurs.
Cross-culture implication
HECHAVARRÍA, D. M. et al. (2023) States that individuals from cultures with a high FTR tend to perceive social entrepreneurship as more socially responsible and innovative, while those from cultures with a low FTR tend to view it as more financially risky. Additionally, institutional uncertainty negatively affects social entrepreneurial intentions in both high and low FTR cultures. The authors suggest that understanding cultural differences in FTR and institutional uncertainty can help social entrepreneurs navigate these challenges and better promote their ventures in different cultural contexts.
Serving rural low‐income markets
PRADO, A. M. et al. (2022) states that rural communities in developing countries often exhibit high poverty levels, lack of skilled labor, and limited infrastructure. They also argues the challenges faced by traditional for-profit businesses in these areas and discuss the potential for social enterprises to address social and environmental issues while also generating profits. They present case studies of successful social enterprises in rural low-income markets and identify key factors for their growth and sustainability, including community engagement, appropriate technology, and partnerships with government and non-governmental organizations. The article concludes by emphasizing the importance of social entrepreneurship in creating sustainable and inclusive economic growth in these underserved areas
Biliometric Analysis
TRABSKAIA, I. et al. (2023) states there is a consensus among researchers and policymakers that social entrepreneurship brings significant benefits to society, producing both social and economic effects. Social entrepreneurship contributes to the development of the economy, increases innovation, and creates solutions for social transformation. Social entrepreneurship is a multidimensional and dynamic phenomenon. The study reveals a growing interest in the topic over the past two decades, with a significant increase in publications since 2008. The analysis highlights the most influential authors, journals, and countries in the field, as well as the most common keywords and research themes. The study also identifies gaps in the literature, such as a lack of research on the role of culture and institutional context in shaping entrepreneurial ecosystems for social ventures. Overall, the article provides a comprehensive overview of the state of research in social entrepreneurship and entrepreneurial ecosystems.
Social Imaginaries
WADHWANI, et al. (2021) States that the entrepreneurial autonomy, like most conceptions of freedom, is thus premised on the notion that there is a relationship between entrepreneurial action and a mutually beneficial common good. The different social imaginaries (shared understandings of social reality) have shaped the ways in which entrepreneurship education is conceptualized and practiced in each country. In the United States, entrepreneurship education has been tied to the myth of the self-made individual and the idea of the American Dream. In Germany, it has been linked to the tradition of the “Mittelstand” and the ideal of the “honest businessman.” The authors also highlight the increasing global influence of American-style entrepreneurship education, and call for more critical engagement with its underlying social imaginaries
Employee Ethical Voice
SWAIM, J. A.; ROEBUCK, D. (2021) States that the employees who feel empowered to speak up about ethical concerns can help social entrepreneurs identify and address ethical issues in their organizations. Furthermore, employees who are invested in the social mission of the organization are more likely to provide feedback that supports ethical decision-making. The authors suggest that social entrepreneurs should prioritize employee empowerment and ethical voice in order to foster a culture of ethical behavior and social responsibility.
SOCIAL ENTREPRENEURSHIP IN SUB-SAHARAN AFRICA
RIVERA-SANTOS, M. et al. (2015) states the unique socio-economic challenges faced by this region and highlight how social entrepreneurs are addressing them through innovative business models. The study examines various case studies and initiatives undertaken by social entrepreneurs in sectors such as healthcare, education, and agriculture. It emphasizes the role of social entrepreneurship in creating sustainable and impactful solutions to address poverty, unemployment, and inequality. The authors conclude by highlighting the importance of supportive ecosystems, access to funding, and collaboration between stakeholders to foster the growth of social entrepreneurship in Sub-Saharan Africa.
Orientation & Social Networks
MATHEW, J.; RIASUDEEN, S. (2021) states that social entrepreneurs, driven by a desire for social change, strategically leverage their social networks to achieve their goals. They highlight the importance of strong social networks in accessing resources, information, and support necessary for successful social entrepreneurship. The article discusses the various dimensions of SEO and the different types of social networks that entrepreneurs can utilize. It emphasizes the need for social entrepreneurs to actively cultivate and expand their social networks to maximize their impact. Overall, the article provides insights into the interplay between SEO and social networks in the context of social entrepreneurship
Conclusion
After analyzing multiple articles related to social entrepreneurship, it is evident that this field holds significant potential for addressing social challenges and creating positive impact in various contexts. The articles examined different aspects of social entrepreneurship, including its role within entrepreneurial ecosystems, the importance of empowered employees’ ethical voice, the influence of social imaginaries in entrepreneurship education, the approach of serving rural low-income markets, the cross-cultural implications of linguistic future time reference and institutional uncertainty, the competencies needed in higher education, and the correlation between complex thinking, entrepreneurial self-efficacy, and social entrepreneurship. These studies collectively emphasize the multifaceted nature of social entrepreneurship and shed light on its diverse dimensions.
The research highlights the importance of creating an enabling environment for social entrepreneurship to thrive within entrepreneurial ecosystems. It underscores the significance of ethical considerations and the active involvement of empowered employees in driving social innovation. Additionally, the articles stress the role of education and the development of social entrepreneurship competencies in higher education. Moreover, the research emphasizes the need to understand the cultural and linguistic contexts when implementing social entrepreneurship initiatives. It recognizes the challenges faced by social entrepreneurs in serving rural low-income markets and the strategies they employ to create and sustain ventures in such contexts.
Overall, the studies indicate that social entrepreneurship is a dynamic and evolving field that requires a comprehensive understanding of societal needs, collaborative efforts, innovative thinking, and the application of entrepreneurial skills. By combining business principles with a social mission, social entrepreneurs have the potential to bring about positive change and contribute to the betterment of communities and society as a whole. The findings of these articles contribute to a deeper understanding of social entrepreneurship and provide valuable insights for practitioners, policymakers, educators, and researchers involved in this field.
References
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