IDEAS home Printed from https://ideas.repec.org/a/vrs/mosaro/v17y2015i3p23-36n2.html
   My bibliography  Save this article

Exploring the Value of Social Entrepreneurship Seen as Economic and Social Innovation Driver in the Private Sector

Author

Listed:
  • Fotea Oana-Maria

    (Doctoral School of Business Administration, The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

A review of online literature refers to an important number of relevant examples about Social Entrepreneurship. Basic papers shed new light on some ideas, taking into account the role of individual creativity and, among others, social networks, all put in the context of becoming an entrepreneur. The examples are associated with surviving the most important, critical first years, naturally both in urban and rural areas. Nowadays, creativity has a huge impact on start-ups in urban areas; it is a place where the environment is even more supportive and competitive. The rule does not apply in rural areas.It is generally known that creativity does not increase the chances of being successful. But we all know that the purpose of social networks in rural areas is to create stronger ties and to increase the number of supporting institutions. Scientists write about the so called “birth of social entrepreneurship”; the term evokes the needs, as well as opportunities and perceived necessities.Current theories that fit in entrepreneurship research lean towards addressing the entrepreneurial venture’s capacity to explore, recognise, and exploit all possible opportunities. There are even voices that claim that social entrepreneurial ventures provide results and actions in response to the needs of the society. However, the research conducted over time has shown the relevance of the notion of “perceived necessities” and “mobilizing human capital; also, in an industrial environment, social capital has a huge impact on the possibility of obtaining high level of results when it comes to entrepreneurial actions”.Entrepreneurship, within its basic meaning, is well known as a critical enabling driver for entire business enterprises and, in addition, for the economic growth of numerous nations. As a result, promoting entrepreneurship has become an important concern among scientists, academic scholars and business practitioners.Each scientific area has a promise, at least an objective. According to some researches, capitalism can be re-defined by social innovation and social entrepreneurship. A successful enterprise becomes a new model for the society. It comes with a social reform, looking for the greatest happiness among the greatest number of people involved.

Suggested Citation

  • Fotea Oana-Maria, 2015. "Exploring the Value of Social Entrepreneurship Seen as Economic and Social Innovation Driver in the Private Sector," Marketing of Scientific and Research Organizations, Sciendo, vol. 17(3), pages 23-36, September.
    • Handle: RePEc:vrs:mosaro:v:17:y:2015:i:3:p:23-36:n:2
    DOI: 10.14611/minib.17.03.2015.08
    as

    Download full text from publisher

    File URL: https://doi.org/10.14611/minib.17.03.2015.08
    Download Restriction: no
    File URL: https://libkey.io/10.14611/minib.17.03.2015.08?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rafael Ziegler & Sabrina Schulz & Lukas Richter & Martin Schreck, 2014. "Following Gandhi: Social Entrepreneurship as A Non-Violent Way of Communicating Sustainability Challenges," Sustainability, MDPI, vol. 6(2), pages 1-19, February.
    2. Estrella Trincado & Manuel Santos-Redondo, 2014. "Bentham and Owen on entrepreneurship and social reform," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 21(2), pages 252-277, April.
    3. Lucio Carlos Freire-Gibb & Kristian Nielsen, 2014. "Entrepreneurship Within Urban and Rural Areas: Creative People and Social Networks," Regional Studies, Taylor & Francis Journals, vol. 48(1), pages 139-153, January.
    4. Shaker A. Zahra & Lance R. Newey & Yong Li, 2014. "On the Frontiers: The Implications of Social Entrepreneurship for International Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 38(1), pages 137-158, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gupta, Parul & Chauhan, Sumedha & Paul, Justin & Jaiswal, M.P., 2020. "Social entrepreneurship research: A review and future research agenda," Journal of Business Research, Elsevier, vol. 113(C), pages 209-229.
    2. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    3. Angulo-Ruiz, Fernando & Pergelova, Albena & Dana, Leo Paul, 2020. "The internationalization of social hybrid firms," Journal of Business Research, Elsevier, vol. 113(C), pages 266-278.
    4. Wentao Yu & Xiaolan Tan, 2022. "The creative class in China: Heterogeneity and its regional determinants," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3466-3478, December.
    5. Helena Barnard, 2019. "From the editor: The social side of international business policy – mapping social entrepreneurship in South Africa," Journal of International Business Policy, Palgrave Macmillan, vol. 2(1), pages 1-8, March.
    6. Sophie Bacq & Kimberly A. Eddleston, 2018. "A Resource-Based View of Social Entrepreneurship: How Stewardship Culture Benefits Scale of Social Impact," Journal of Business Ethics, Springer, vol. 152(3), pages 589-611, October.
    7. Fangqing Wei & Yi Yang & Yao Chen & Feng Yang, 2022. "The effects of venture capital investments on industrial innovative opportunities and technological arbitrage opportunities," Small Business Economics, Springer, vol. 58(4), pages 2261-2280, April.
    8. Manning, Stephan & Vavilov, Stanislav, 2023. "Global development agenda meets local opportunities: The rise of development-focused entrepreneurship support," Research Policy, Elsevier, vol. 52(7).
    9. Etayankara Muralidharan & Saurav Pathak, 2018. "Sustainability, Transformational Leadership, and Social Entrepreneurship," Sustainability, MDPI, vol. 10(2), pages 1-22, February.
    10. Sunny Li Sun & Junyon Im, 2015. "Cutting Microfinance Interest Rates: An Opportunity Co–Creation Perspective," Entrepreneurship Theory and Practice, , vol. 39(1), pages 101-128, January.
    11. Lianne Hans & Sierdjan Koster, 2018. "Urbanization and start-up rates in different geographies: Belgium, the Netherlands, and Sweden," Small Business Economics, Springer, vol. 51(4), pages 1033-1054, December.
    12. Todd W. Moss & Donald O. Neubaum & Moriah Meyskens, 2015. "The Effect of Virtuous and Entrepreneurial Orientations on Microfinance Lending and Repayment: A Signaling Theory Perspective," Entrepreneurship Theory and Practice, , vol. 39(1), pages 27-52, January.
    13. Jose Novais Santos & João Mota & Cristina Sales Baptista, 2021. "The role of a strategic net in international entrepreneurship: overcoming the liabilities of foreignness and outsidership in the context of the Pharma industry," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 63-82, March.
    14. Adélie Ranville & Marcos Barros, 2022. "Towards Normative Theories of Social Entrepreneurship. A Review of the Top Publications of the Field," Journal of Business Ethics, Springer, vol. 180(2), pages 407-438, October.
    15. Hugo Baier-Fuentes & José M. Merigó & José Ernesto Amorós & Magaly Gaviria-Marín, 2019. "International entrepreneurship: a bibliometric overview," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 385-429, June.
    16. Vahid Jafari Sadeghi & Paolo Pietro Biancone & Charles Giacoma & Silvana Secinaro, 2018. "How does export compliance influence the internationalization of firms: is it a thread or an opportunity?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-15, December.
    17. Sandra Buercher, Antoine Habersetzer, Heike Mayer, 2015. "Entrepreneurship in Peripheral Regions: A Relational Perspective," Diskussionsschriften credresearchpaper06, Universitaet Bern, Departement Volkswirtschaft - CRED.
    18. Bolzani, Daniela & Marabello, Selenia & Honig, Benson, 2020. "Exploring the multi-level processes of legitimacy in transnational social enterprises," Journal of Business Venturing, Elsevier, vol. 35(3).
    19. Pankaj C. Patel & Cornelius A. Rietveld & Jack I. Richter, 2022. "The relation between public assistance and self-employment in census tracts: a long-term perspective," Journal of Evolutionary Economics, Springer, vol. 32(3), pages 891-927, July.
    20. Georgeanne M. Artz & Younjun Kim & Peter F. Orazem & Peter J. Han, 2021. "Which Small Towns Attract Start‐Ups and Why? Twenty Years of Evidence from Iowa," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(2), pages 702-720, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:mosaro:v:17:y:2015:i:3:p:23-36:n:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.