Social sciences research focuses on the interactions between human behavior along with the influence of society on the culture. Entrepreneurship is one kind of social science which examines how to build and sustain businesses that meet the needs of society. It is a powerful force that can transform industries, communities and the world at large.
A business that makes a positive impact on the community provides entrepreneurs with a sense of satisfaction and purpose in their work. It also lets them leave a legacy that will benefit the ukpip.org/the-importance-of-social-sciences next generation of entrepreneurs and their communities. It could be changing the way we shop, giving more access to healthcare and education or addressing global poverty and inequality entrepreneurs can make a significant difference through their business ventures.
Social entrepreneurialism (SEE) is usually employed by entrepreneurs who recognize the need and develop innovative solutions to meet it. This may include leveraging their business expertise and relationships to expand into a new market or working with partners to create more sustainable products. This may include philanthropy, as they wish to support the cause that is important to them.
Academics who are part of SEE are able to build on their research by sharing it through the publications of their institutions which is a vital instrument to encourage knowledge dissemination. This can help develop entrepreneurial cultures in academia and also encourage collaborations with industry and other non-academic partners. SSRN’s Entrepreneurship Collection contains scholarly articles that explore the fundamental theories and concepts of the entrepreneurship field and how they relate to management and law economics, public policy and economics.