Social Entrepreneurship - A Review and a Proposal of New Integrated Framework
Venkoba Rao
Phd (Management), Professor & Director of Studies (MBA Program), Majan University College, Muscat, Sultanate of Oman.
Tahseen Anwer Arshi
Phd (Management), Associate Provost, Research & Community Service, American University of Ras Al Khaimah, Ras Al Khaimah, United Arab Emirates.
Swapnil Morande
Researcher (Data Science), School of Business and Economics, University of Naples Federico II,mNapoli NA, Italy
Phd (Management), Professor & Director of Studies (MBA Program), Majan University College, Muscat, Sultanate of Oman.
Tahseen Anwer Arshi
Phd (Management), Associate Provost, Research & Community Service, American University of Ras Al Khaimah, Ras Al Khaimah, United Arab Emirates.
Swapnil Morande
Researcher (Data Science), School of Business and Economics, University of Naples Federico II,mNapoli NA, Italy
Keywords: Social Entrepreneurship; Characteristics; Context; Consequences.
Abstract
The study systematically reviews 149 articles on Social Entrepreneurship (SE) published between the years 2005-2021 and proposes an integrative "Characteristics-Context-Consequences" (CCC) framework. The thematic analysis revealed that social entrepreneurs' characteristics, supported by traditional entrepreneurship skills, relate to social empathy, problem-solving, and social capital building. Additionally, various contexts, such as institutional support, the innovation ecosystem, and social legitimacy, largely determine the success of SE endeavors. SE characteristics and contexts drive the consequences of social innovation, social change, and social and economic well-being.