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International Journal of Social Sciences & Economic Environment

A STUDY ON FACTORS INFLUENCING SOCIAL ENTREPRENEURSHIP AND ITS INFLUENCE ON SOCIAL CHANGE IN INDIA

*Dr Asjad Usmani, **Zuber M. Shaikh

*Associate Professor, Don Bosco Institute of Technology, New Delhi, India *ORCID: https://orcid.org/0000-0003-3953-212X

**Director of Corporate Quality Improvement & Patient Safety, Dr. Sulaiman Al Habib Medical Services Group Company, Riyadh, Saudi Arabia **ORCID: https://orcid.org/0000-0002-1491-8379

DOI : http:// doi.org/10.53882/IJSSEE.2023.0802001 Page No : 01-16

Published Online : 2023-12-30

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ABSTRACT

Aim of the study: This study aims to identify the variables influencing social entrepreneurship and its impact on social change in India, as well as evaluate the role of social entrepreneurship as a mediating variable on social change.

Design/Methodology: Questionnaires consisting of closed-ended questions were distributed to achieve these goals. The reliability, validity, and correlation analyses were used to assess the factors that make up the suggested model. The hypothesis was further tested and the suggested model was validated using regression analysis.

Findings: As a result, it was found that the connection between social change (SC) and social enterprise (SE) can be explained by R square values of 0.910 and 0.749 to the extent of 91.0 and 74.9% and that the beta coefficient values of all the factors, which are 0.559 and 0.865, fairly represent the effects of the factors on social entrepreneurship (SE) and social change (SC).

Practical Implications: More practically, the findings show that social entrepreneurship has a successful impact on maintaining performance on social change. With a clear agenda for social change, the increase in social entrepreneurship offers a more morally-conscious form of entrepreneurship by emphasizing the creative use of resources to discover and seize opportunities that sustainably address societal needs.

Originality/value: This study presents The use of social entrepreneurship as a of producing economic, social, and environmental value, and it is recognized as an effective response to a variety of social issues.

Keywords: Social Entrepreneurship, Social Change, Subjective Norms, Perceived Behavioural Control, Human Capital

Paper Type: Research Article

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Cite this Article as : Usmani A & Shaikh Z.M. (2023), “A Study on Factors Influencing Social Entrepreneurship and Its Influence on Social Change in India”, International Journal of Social Sciences & Economic Environment, Vol. 8, Issue 2, 2023, pp 01-16, DOI: http:// doi.org/10.53882/IJSSEE.2023.0802001

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REFERENCES

Alvarez SA, Barney JB. (2007). Discovery and creation: alternative theories of entrepreneurial action. Strategic Entrepreneurship Journal, 1(1–2), 11–26. DOI: https://doi.org/10.1002/sej.4

Burger, J. M. (2006). Personality (İD Erguvan Trans.). İstanbul: Kaknus Yayinlari. Retrieved From: https://www.scirp.org/reference/referencespapers?referenceid=1716908

Hair Jr., J. F. et al. (1998). Multivariate Data Analysis with Readings. Englewood Cliffs, NJ: Prentice-Hall. Retrieved form: https://www.scirp.org/reference/ReferencesPapers?ReferenceID=1450075

Hockerts, K. N. (2013). Antecedents of social entrepreneurial intentions: A validation study. Academy of Management Proceedings, 2013(1), 16805. DOI: https://doi.org/10.5465/AMBPP.2013.16805abstract.

Krueger, N. F., & Brazeal, D. V. (1994). Entrepreneurial Potential and Potential Entrepreneurs. Entrepreneurship Theory & Practice, 18, 91–104. DOI: https://doi.org/10.1177/104225879401800307

Liñán, F. (2004). Intention-based models of entrepreneurship education. Piccolla Impresa/Small Business, 3, 11–35 Retrieved from http://congreso.us.es/gpyde/DOWNLOAD/a9.pdf.

Mair, J., & Noboa, E. (2005). How intentions to create a social venture are formed: A case study. SSRN Electronic Journal, 3(593), 1–29. DOI: https://doi.org/10.2139/ssrn.875589.

Seelos, C and Mair, J. (2005). Social Entrepreneurship: Creating new business models to serve the poor. Business Horizons, 48(2), 241-246. DOI: https://doi.org/10.1016/j.bushor.2004.11.006

Shane, S. and Venkataraman, S. (2000). The promise of entrepreneurship as a field of research, Academy of Management Review 25: 217–226. Doi: https://doi.org/10.5465/amr.2000.2791611

Yunus, O. M., Bank, G., Yunus, M., Prize, N. P., & Bank, T. G. (2006). Concept paper on the Bank of the Poor–Grameen Bank micro finance system.

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