Barriers and drivers of social entrepreneurship: a qualitative insight from Indian social entrepreneurs
Smriti Pande,
Ruby Sengar and
Narendra Singh Chaudhary
International Journal of Business and Globalisation, 2021, vol. 28, issue 4, 351-366
Abstract:
This study is aiming towards the exploration of factors that motivate an individual to become a social entrepreneur. It also highlights the various approaches used to overcome the challenges faced by them leading to sustainable social ventures. The study draws upon qualitative data by conducting structured interviews using interpretative phenomenological analysis (IPA) technique with 15 social entrepreneurs. It identified many challenges such as financial, social, etc. that come in the way of becoming a social entrepreneur. There are motivators identified like satisfaction, passion, support, and impact on society that keep the spirits high of a social entrepreneur despite so many challenges faced. The study also identifies ways to ensure the sustainability of social enterprises. This research makes a significant contribution by highlighting the challenges faced by Indian social entrepreneurs who have been neglected in the literature and recognising the factors that keep them motivated. This study is useful not only for the individuals who are to pursue their idea of helping the society but also for the external bodies like government and stakeholders, in order to create a supportive environment for this emerging sector.
Keywords: social entrepreneurs; motivators; interpretative phenomenological analysis; IPA; social entrepreneurship; India. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbglo:v:28:y:2021:i:4:p:351-366
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