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A Critical Review on the Rise of Social Enterprise as a Foundation of Motivation and Innovation in Entrepreneurship

Tan Seng Teck, Nanthakumar Karuppiah and Wong Chee Hoo

International Business Research, 2020, vol. 13, issue 1, 259-267

Abstract: This paper examines the emergence of social enterprise in modern business world and argues that conventional entrepreneurship in open market system, capitalism and laissez faire is retreating and giving way to more socially anchored entrepreneurship. This paper addresses the question on the dynamic impacts of social enterprise on the trajectory of motivation, innovation and sustainability entrepreneurship in modern business world. This paper maintains that social enterprise is a growing and unstopable phenomenon and could assume the central role of entrepreneurship in future.

Date: 2020
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