Bridging the gap: A qualitative insight into the role of social entrepreneurship in empowering minorities

Social entrepreneurship has emerged as a viable approach of addressing the challenges faced by social minorities. Despite its growing importance, there is a lack of understanding of the factors that affect social entrepreneurs and their approaches to creating social value. This study aims to narrow this gap by examining the fundamental factors influencing the rise of social entrepreneurs, value creation processes, and the role of social entrepreneurship in addressing minority issues. The study used a qualitative, phenomenological approach and purposeful sampling to choose four informants who each had their own unique and representative traits. Data were collected through semi-structured interviews and validated through documentary analysis. The findings indicate that the motivations for social entrepreneurship stem from both external and internal factors. Nevertheless, social entrepreneurs consistently prioritize social objectives as their primary focus. Research reveals that resource constraints often impede value creation in social entrepreneurship, hence postponing progress. Despite all the obstacles, social entrepreneurship has immense benefits for the entrepreneurs themselves and for the communities they want to reach out to. The results also show that larger impacts could have been achieved by social entrepreneurs through refinements in their business strategies, creative solutions to social problems, good relationships with stakeholders, and ensuring financial sustainability of the venture.

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Publication Details

Journal
JEMA Jurnal Ilmiah Bidang Akuntansi dan Manajemen
Published
2024-12-10
DOI
https://doi.org/10.31106/jema.v21i2.22632
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

Bridging the gap: A qualitative insight into the role of social entrepreneurship in empowering minorities

Afina Hasya, Andriyani Andriyani, Gracy Adira Lasta
JEMA Jurnal Ilmiah Bidang Akuntansi dan Manajemen
Entrepreneurship Studies and Influences
article

Bridging the gap: A qualitative insight into the role of social entrepreneurship in empowering minorities

Afina Hasya, Andriyani Andriyani, Gracy Adira Lasta
article en

Abstract

Social entrepreneurship has emerged as a viable approach of addressing the challenges faced by social minorities. Despite its growing importance, there is a lack of understanding of the factors that affect social entrepreneurs and their approaches to creating social value. This study aims to narrow this gap by examining the fundamental factors influencing the rise of social entrepreneurs, value creation processes, and the role of social entrepreneurship in addressing minority issues. The study used a qualitative, phenomenological approach and purposeful sampling to choose four informants who each had their own unique and representative traits. Data were collected through semi-structured interviews and validated through documentary analysis. The findings indicate that the motivations for social entrepreneurship stem from both external and internal factors. Nevertheless, social entrepreneurs consistently prioritize social objectives as their primary focus. Research reveals that resource constraints often impede value creation in social entrepreneurship, hence postponing progress. Despite all the obstacles, social entrepreneurship has immense benefits for the entrepreneurs themselves and for the communities they want to reach out to. The results also show that larger impacts could have been achieved by social entrepreneurs through refinements in their business strategies, creative solutions to social problems, good relationships with stakeholders, and ensuring financial sustainability of the venture.

JEMA Jurnal Ilmiah Bidang Akuntansi dan ManajemenVol. 21(2)
Diponegoro University (ID)
Openalex Percentile: Top 56%
Entrepreneurship Studies and Influences
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