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Pulling back the curtain on the psychology of becoming a social entrepreneur

Pulling back the curtain on the psychology of becoming a social entrepreneur This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsThis research paper determines the motivating factors that cause entrepreneurs to start a social enterprise instead of a traditional business model. The results reveal that these motivations span a wide spectrum, ranging from pure altruism and a values-led yearning to make a difference to communities, to an opportunistic identification of an autonomy-rich opportunity that compliments their life priorities and supplies income. This spectrum introduces complexity into the social enterprise transition journey, because people start social enterprises based on different circumstantial internal dialogues about their future. Consequently, some blending of different motivations along the spectrum can be expected.Originality/valueThe briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

Pulling back the curtain on the psychology of becoming a social entrepreneur

Strategic Direction , Volume 37 (5): 3 – Jun 8, 2021
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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0258-0543
DOI
10.1108/sd-03-2021-0031
Publisher site
See Article on Publisher Site

Abstract

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsThis research paper determines the motivating factors that cause entrepreneurs to start a social enterprise instead of a traditional business model. The results reveal that these motivations span a wide spectrum, ranging from pure altruism and a values-led yearning to make a difference to communities, to an opportunistic identification of an autonomy-rich opportunity that compliments their life priorities and supplies income. This spectrum introduces complexity into the social enterprise transition journey, because people start social enterprises based on different circumstantial internal dialogues about their future. Consequently, some blending of different motivations along the spectrum can be expected.Originality/valueThe briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Journal

Strategic Direction – Emerald Publishing

Published: Jun 8, 2021

Keywords: Social entrepreneurship; Social enterprise; Altruism; Business model; Scotland; Precipitating event

References

  • The drivers of social entrepreneurship: agency, context, compassion and opportunism
    Stirzaker, R.; Galloway, L.; Muhonen, J.; Christopoulos, D.