Economic theories of social entrepreneurship

The lack of researches in social entrepreneurship is particularly true in the field of economic theory. In fact, there has been no researches undertaken to explore social entrepreneurship from the perspective of economic theory. This paper attempts to shed some light on several important issues that...

Full description

Bibliographic Details
Main Authors: Hamid, Zarinah, Zhang, Hengchao, Mhd. Sarif, Suhaimi
Format: Article
Language:English
Published: Global Academic Excellence (GAE) 2017
Subjects:
Online Access:http://irep.iium.edu.my/61740/
http://irep.iium.edu.my/61740/1/IJAFB-2017-06-12-12.pdf
_version_ 1848785725288349696
author Hamid, Zarinah
Zhang, Hengchao
Mhd. Sarif, Suhaimi
author_facet Hamid, Zarinah
Zhang, Hengchao
Mhd. Sarif, Suhaimi
author_sort Hamid, Zarinah
building IIUM Repository
collection Online Access
description The lack of researches in social entrepreneurship is particularly true in the field of economic theory. In fact, there has been no researches undertaken to explore social entrepreneurship from the perspective of economic theory. This paper attempts to shed some light on several important issues that are critical for the development of economic theories on social entrepreneurship. It discusses several major issues including the evolution of economic theories on entrepreneurship, the definition and distinct features associated with social entrepreneurship, the roles of entrepreneurship in the modern economic system and the approaches to conceptualize social entrepreneurship. Due to the significant role of social entrepreneurship in uplifting the living standard of the underprivileged community, addressing externalities within the economic system, and justly reallocating resources and welfare in the economic system, the economic theory on social entrepreneurship is believed to be a critical body of knowledge for both future practitioners and policy makers in structuring due initiatives for the healthy development of the society. It is expected that the issues discussed in this paper will not only help future researches realize the need of economic theory on the field and design a proper approach to conceptualize the subject, but also identify the potential directions to develop economic theories on social entrepreneurship.
first_indexed 2025-11-14T16:57:42Z
format Article
id iium-61740
institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T16:57:42Z
publishDate 2017
publisher Global Academic Excellence (GAE)
recordtype eprints
repository_type Digital Repository
spelling iium-617402018-02-01T01:12:00Z http://irep.iium.edu.my/61740/ Economic theories of social entrepreneurship Hamid, Zarinah Zhang, Hengchao Mhd. Sarif, Suhaimi HB Economic Theory HB522 Income. Factor shares.Interest.Profit.Entrepreneurship The lack of researches in social entrepreneurship is particularly true in the field of economic theory. In fact, there has been no researches undertaken to explore social entrepreneurship from the perspective of economic theory. This paper attempts to shed some light on several important issues that are critical for the development of economic theories on social entrepreneurship. It discusses several major issues including the evolution of economic theories on entrepreneurship, the definition and distinct features associated with social entrepreneurship, the roles of entrepreneurship in the modern economic system and the approaches to conceptualize social entrepreneurship. Due to the significant role of social entrepreneurship in uplifting the living standard of the underprivileged community, addressing externalities within the economic system, and justly reallocating resources and welfare in the economic system, the economic theory on social entrepreneurship is believed to be a critical body of knowledge for both future practitioners and policy makers in structuring due initiatives for the healthy development of the society. It is expected that the issues discussed in this paper will not only help future researches realize the need of economic theory on the field and design a proper approach to conceptualize the subject, but also identify the potential directions to develop economic theories on social entrepreneurship. Global Academic Excellence (GAE) 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61740/1/IJAFB-2017-06-12-12.pdf Hamid, Zarinah and Zhang, Hengchao and Mhd. Sarif, Suhaimi (2017) Economic theories of social entrepreneurship. International Journal of Accounting, Finance and Business, 2 (6). pp. 110-122. E-ISSN 0128-1844 http://www.ijafb.com/PDF/IJAFB-2017-06-12-12.pdf
spellingShingle HB Economic Theory
HB522 Income. Factor shares.Interest.Profit.Entrepreneurship
Hamid, Zarinah
Zhang, Hengchao
Mhd. Sarif, Suhaimi
Economic theories of social entrepreneurship
title Economic theories of social entrepreneurship
title_full Economic theories of social entrepreneurship
title_fullStr Economic theories of social entrepreneurship
title_full_unstemmed Economic theories of social entrepreneurship
title_short Economic theories of social entrepreneurship
title_sort economic theories of social entrepreneurship
topic HB Economic Theory
HB522 Income. Factor shares.Interest.Profit.Entrepreneurship
url http://irep.iium.edu.my/61740/
http://irep.iium.edu.my/61740/
http://irep.iium.edu.my/61740/1/IJAFB-2017-06-12-12.pdf