Abstract
The purpose of this empirical study is to examine the relationship between social
entrepreneurship and sustainable enterprise development. Four dimensions of social
entrepreneurship i.e. social mission, social innovation, social networking, and financial
returns are regressed with three dimensions of sustainable enterprise development i.e.
social, environmental, and economic. In current literature, most of the work in the field of
social entrepreneurship is qualitative in nature and none of the existing studies explained
the impact of labeling “social enterprise” as a source of enterprise sustainability and this
study used positivist paradigm to test this impact. Data was collected from social
entrepreneurs and employees of social enterprises via online questionnaire (n=434)
developed and distributed through “Google Docs”. Social entrepreneurs from 41 different
countries participated in online survey. The results of the study reveal that social
entrepreneurship results in sustainable enterprise development. The study supports the
fact that one of the important factors in enterprise development is the way the enterprise
is managed and the label of „social enterprise‟ is resulting in sustainable development of
social enterprise itself. The research contributes to literature by empirically testing the
relationship between social entrepreneurship and sustainable enterprise development
which was never tested before. The study used a unique methodology that results in
gathering of data from 41 countries of the world. This results of this study can be used by
social entrepreneurs to create more positive impact for the society.
Asad Javed, Muhammad Yasir, Abdul Majid. (2019) Is Social Entrepreneurship a Panacea for Sustainable Enterprise Development?, Pakistan Journal of Commerce and Social Sciences, Volume 13, Issue 1.
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