Social sciences research examines interactions between human behavior, social influences and the culture. Entrepreneurship is one type of social science that studies how to build and maintain businesses that meet the requirements of the society. It is a powerful tool that can transform entire ukpip.org/how-to-structure-a-data-room-for-ma-transactions-in-a-few-steps/ communities, industries and the world at large.
The creation of a business that has a positive impact on the community gives entrepreneurs a sense meaning and satisfaction from their work. It also allows them to leave a legacy that will benefit future generations of entrepreneurs and their communities. It could be changing the way we shop, giving more access to healthcare and education or tackling inequality and poverty around the world, entrepreneurs can make a huge impact through their businesses.
Entrepreneurs typically engage in social entrepreneurship (SEE) by finding a need, and then implementing innovative solutions to meet the need. This may include leveraging their business experience and connections to expand into a new markets or working with partners to create more sustainable products. It may also involve philanthropy, as they seek to promote a cause that is meaningful to them.
Academics who are part of SEE can build upon their research findings by sharing them in the publications of their institutions which are a crucial instrument for encouraging the diffusion of knowledge. This can foster collaboration between academia and industry and help in the development of entrepreneurial cultures. SSRN’s Entrepreneurship Collection includes scholarly articles on the underlying theories and concepts of entrepreneurship, as well in the ways these concepts are connected to management, law, economics, and public policy.