Social Enterprise Success: An Extensive Analysis of Contributing Factors and Structures

Background and Aims: To extend the influence and lifespan of social enterprises, it is imperative to comprehend the elements that lead to their success. To develop growth strategies and policy interventions meant to increase the sector's effectiveness and address urgent social and environmental challenges, the research topic in question must offer significant insights into organizational dynamics. This paper aims to investigate the factors that influence the success of social enterprises. Methodology: Following a review of the academic literature, content analysis is used in this documentary investigation. Results: The results found that the Factors Affecting the Success of Social Enterprise consist of (1) Leadership and Management, (2) Financial Sustainability, (3) Stakeholder Engagement (4) Market Analysis and Innovation, and (5) Impact Measurement and Evaluation. Through documentary research and content analysis of scholarly literature, it was determined that key factors influencing the performance of social firms include leadership, financial sustainability, stakeholder engagement, market analysis, innovation, and impact evaluation. Conclusion: These findings demonstrate the intricacy of social enterprise success and the importance of all-encompassing approaches that include a variety of variables for both business performance and societal impact.

Authors

Publication Details

Journal
International Journal of Sociologies and Anthropologies Science Reviews
Published
2024-11-07
DOI
https://doi.org/10.60027/ijsasr.2024.4720
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

Social Enterprise Success: An Extensive Analysis of Contributing Factors and Structures

Pongmetee Chaiseeha
International Journal of Sociologies and Anthropologies Science Reviews
Entrepreneurship Studies and Influences
article

Social Enterprise Success: An Extensive Analysis of Contributing Factors and Structures

Pongmetee Chaiseeha
article en

Abstract

Background and Aims: To extend the influence and lifespan of social enterprises, it is imperative to comprehend the elements that lead to their success. To develop growth strategies and policy interventions meant to increase the sector's effectiveness and address urgent social and environmental challenges, the research topic in question must offer significant insights into organizational dynamics. This paper aims to investigate the factors that influence the success of social enterprises. Methodology: Following a review of the academic literature, content analysis is used in this documentary investigation. Results: The results found that the Factors Affecting the Success of Social Enterprise consist of (1) Leadership and Management, (2) Financial Sustainability, (3) Stakeholder Engagement (4) Market Analysis and Innovation, and (5) Impact Measurement and Evaluation. Through documentary research and content analysis of scholarly literature, it was determined that key factors influencing the performance of social firms include leadership, financial sustainability, stakeholder engagement, market analysis, innovation, and impact evaluation. Conclusion: These findings demonstrate the intricacy of social enterprise success and the importance of all-encompassing approaches that include a variety of variables for both business performance and societal impact.

International Journal of Sociologies and Anthropologies Science ReviewsVol. 4(6)
Openalex Percentile: Top 66%
Entrepreneurship Studies and Influences
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