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Personal initiative: Its power in social entrepreneurial venture creation

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  • Isa Nsereko
  • Waswa Balunywa
  • John Munene
  • Laura Orobia
  • Ngoma Muhammed

Abstract

Social entrepreneurship literature bears a positive cast on poverty reduction and social problem-solving. Studies have shown that social entrepreneurial venture activities have far-reaching socioeconomic impact, especially in solving societal challenges. We argue that given the nature of social problems, certain personality traits are valuable. Individuals with personal initiative are capable of using their prior knowledge, proactive and innovative and experience to be alert as they create social ventures that create social impact. The study examined the role of personal initiative in social entrepreneurial venture creation among Community-Based Organizations (CBO) in a developing country. Scholars have examined a number of psychological traits underlying Social Entrepreneurial Venture Creation but less emphasis has been laid on the role of personal initiative in creating social entrepreneurial ventures. We used a sample of 243 Kampala Capital City Authority CBO owners and the results indicate that personal initiative in terms of proactiveness and innovation is positively and significantly associated with social entrepreneurial venture creation.

Suggested Citation

  • Isa Nsereko & Waswa Balunywa & John Munene & Laura Orobia & Ngoma Muhammed, 2018. "Personal initiative: Its power in social entrepreneurial venture creation," Cogent Business & Management, Taylor & Francis Journals, vol. 5(1), pages 1443686-144, January.
    • Handle: RePEc:taf:oabmxx:v:5:y:2018:i:1:p:1443686
    DOI: 10.1080/23311975.2018.1443686
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    Cited by:

    1. Phan Tan Luc, 2021. "A systematic literature review on personality traits in social entrepreneurship," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 11(2), pages 172-189.
    2. Bingyan Tu & Roni Bhowmik & Md. Kamrul Hasan & Ahmed Al Asheq & Md. Atikur Rahaman & Xia Chen, 2021. "Graduate Students’ Behavioral Intention towards Social Entrepreneurship: Role of Social Vision, Innovativeness, Social Proactiveness, and Risk Taking," Sustainability, MDPI, vol. 13(11), pages 1-23, June.
    3. Mariana Pita & Joana Costa & António Carrizo Moreira, 2021. "Entrepreneurial Ecosystems and Entrepreneurial Initiative: Building a Multi-Country Taxonomy," Sustainability, MDPI, vol. 13(7), pages 1-26, April.
    4. Juan Carlos Urueña-Mejía & Luis H. Gutierrez & Paul Rodríguez-Lesmes, 2023. "Financial inclusion and business practices of microbusiness in Colombia," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(2), pages 465-494, June.

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