scholarly journals Waqf institutions as a framework for social enterprises in Islam

2021 ◽  
Vol 04 (07) ◽  
Author(s):  
Murtadho Ridwan ◽  
Keyword(s):  
Social Entrepreneurship ◽  
Social Enterprises ◽  
Financial Capital ◽  
Social Programs ◽  
Analysis Method ◽  
Social Entrepreneurs ◽  
Content Analysis Method ◽  
The Social ◽  
Entrepreneurial Capital ◽  
The Impact

This study aims to interconnect the concept of waqf and social entrepreneurship. Interconnection is viewed from social entrepreneurial capital, social entrepreneurial profit and social entrepreneurship model. The data were obtained from the results of previous studies and were analyzed using the content analysis method. The results of the study show that the waqf institution obtains financial capital of people’s funds. Financial capital will increase the impact of public trust as the social capital for waqf institutions. Waqf institutions as Nazhirs are human capital that are required to improve their skills and abilities, especially in business sector. The waqf institutions income from social entrepreneurs are distributed for operational costs, social programs and reinvestment of waqf assets. There was a transformation of waqf institution into a social company as a result of the social enterprises that were carried out.

scholarly journals Social Entrepreneurial Intention among Business Undergraduates: An Emerging Economy Perspective

2013 ◽  
Vol 15 (3) ◽  
Author(s):  
Ayob Noorseha
Keyword(s):  
Emerging Economies ◽  
Social Entrepreneurship ◽  
Sampling Technique ◽  
Entrepreneurial Intention ◽  
Emerging Economy ◽  
Social Enterprises ◽  
Private Higher Education ◽  
Social Entrepreneurs ◽  
The Social ◽  
Perceived Desirability

Social entrepreneurs are viewed as having the abilities to combat social and economic problems in which government, businesses, and non-profits may not be able to solve the problems alone. Consequently, with the collaboration among these sectors, more social enterprises can be established to create social values and development in a nation, specifically among the emerging economies. Therefore, it is timely to investigate what motivates undergraduates to develop social entrepreneurial intention. Drawing from the entrepreneurial models of Shapero and Sokol (1982) and Kruger and Brazeal (1994), this study aims to examine the social entrepreneurial intention among undergraduates from the perspective of an emerging economy. The proposed conceptual model differs from the existing entrepreneurial intention studies by adding the concepts of empathy and social entrepreneurship exposure as the antecedents to perceived desirability and perceived feasibility of social enterprising start-up, which in turn link to social entrepreneurial intention. Using the quota sampling technique, data were collected from 257 business and economics undergraduates from both public and private higher education institutions in Malaysia. The survey instrument was adapted from prior related studies, for instance, Davis (1983) for empathy; Shapero and Sokol (1982) for social entrepreneurship exposure; Krueger (1993) for perceived desirability and perceived feasibility; and Chen et al. (1998) for social entrepreneurial intention. Partial least squares path modelling was used to analyze the hypothesized relationships in the proposed conceptual framework. It is hoped that the findings of this study will shed light on the existing literature of social entrepreneurship, specifically the social entrepreneurial intention studies from the emerging economies perspective.    

Creating Social Spaces for Artists

2015 ◽  
Author(s):  
Daniel B. Cornfield
Keyword(s):  
Cultural Capital ◽  
Social Enterprise ◽  
Turning Points ◽  
Career Pathways ◽  
Social Enterprises ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Social And Cultural Capital ◽  
The Social ◽  
The Impact

This chapter considers the pathways to becoming an artistic social entrepreneur. Previous research on social entrepreneurs has emphasized the impact of one's stock of human, social, and cultural capital on one's mobilization of requisite resources for launching and sustaining a social enterprise. Less sociological attention has been given to the influence of career-biographical factors, such as family, religion, education, and pivotal career turning points that may inspire and compel one to become a social entrepreneur and to envision and shape one's social enterprise, let alone an artistic social enterprise. The profiles of four artistic social entrepreneurs in this chapter illustrate how their strategic and risk orientations and career pathways shape the social enterprises they envision and influence their assumption and enactment of their roles as artist activists.

scholarly journals UNDERSTANDING SOCIAL ENTERPRISES IN INDONESIA:

2015 ◽  
Vol 29 (2) ◽  
Author(s):  
Rokhima Rostiani ◽  
Widya Paramita ◽  
Handini Audita ◽  
Risa Virgosita ◽  
Teguh Budiarto ◽  
...  
Keyword(s):  
Qualitative Research ◽  
Social Entrepreneurship ◽  
Research Result ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Organizational Contexts ◽  
The Past ◽  
Small And Medium Enterprise ◽  
The Social ◽  
Medium Enterprise

Entrepreneurship has been one of the biggest growth topics in the past decades. Someentrepreneurs engage in socially active activities that are strongly embedded in their entrepreneurialactivities and are known as social entrepreneurship. This research maps the presence ofsocial enterprises in Indonesia by investigating the personal and organizational contexts of thesocial entrepreneurs. Qualitative research was conducted by engaging in in-depth interviewswith 8 social enterprises in Indonesia. The findings of this research result in a unique andinteresting map of the presence of the social entrepreneurs that contributes significantly to theextant literatures of social entrepreneurship.* We would like to thank the anonymous reviewer andparticipants in the APCBSS 2014 Conference for theinsightful discussions, comments and advice for thispaper.Keywords: Social entrepreneurship, small and medium enterprise, entrepreneurship, strategy

When Music Changes, so Does the Dance

2021 ◽  
pp. 262-283
Author(s):  
Gözde Morgül ◽  
Mine Afacan Fındıklı
Keyword(s):  
Qualitative Research ◽  
Social Exclusion ◽  
Social Entrepreneurship ◽  
Critical Value ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
Social Actors ◽  
The Social

This chapter examines the role of social enterprises/entrepreneurs from the perspective of the COVID-19 outbreak and discussed the importance of social entrepreneurship. In this context, answers to the following questions are sought: Did social enterprises/entrepreneurs stand out during the COVID-19 era, particularly the social value they created? Do social enterprises/entrepreneurs perform studies especially for groups experiencing social exclusion during the COVID-19 era? The study based on qualitative research reveals that by producing innovative, fast, and effective solutions social initiatives have won the approval of society. The headlines of leading media outlets published between December 2019 and June 2020 and discourses from social actors confirm the rising critical value of social entrepreneurs.

Actively Engaging with Social Entrepreneurs: The Social Enterprise Audit

2021 ◽  
pp. 251512742110474
Author(s):  
Stephanie A. Fernhaber
Keyword(s):  
Social Entrepreneurship ◽  
Social Enterprise ◽  
Social Enterprises ◽  
Social Entrepreneur ◽  
Active Engagement ◽  
Social Entrepreneurs ◽  
Student Teams ◽  
The Social ◽  
Course Material ◽  
Structured Approach

Social entrepreneurship is on the rise. For educators, it is no longer a question of if we should teach social entrepreneurship, but rather how we might best do so. The Social Enterprise Audit is introduced as an innovative way to combine in-class learning with active engagement in the social entrepreneurship community. Student teams are matched with local social enterprises. As foundational concepts of social entrepreneurship are taught in the classroom, student teams visit and meet with their social enterprise partner to apply the concepts. The final deliverable includes an analysis and critique of the social enterprise along with a set of recommendations. The structured approach is easy for the instructor to implement and aligns directly with course material. Students benefit by nurturing their identity as a social entrepreneur while developing a skillset that equips them to make a difference.

scholarly journals ASSESSMENT AND RISK MANAGEMENT OF SOCIO-ECONOMIC PROJECTS

2021 ◽  
Vol 1 (4) ◽  
pp. 166-172
Author(s):  
Olesia Iastremska ◽  
Olha Korolenko
Keyword(s):  
Risk Management ◽  
Social Entrepreneurship ◽  
Social Enterprises ◽  
Social Utility ◽  
Social Programs ◽  
Project Implementation ◽  
Customer Expectations ◽  
The Social ◽  
Social Project

The quality of implementation of social programs and projects is a measure of the effectiveness of social policy. Ideally, a social project can be implemented if absolutely everyone is interested: both the participants and those to whom the project affects in one way or another. All stakeholders are members of the value chain and add value to the program to one degree or another. The general purpose of the research work is to substantiate the mechanisms for reconciling the interests of stakeholders and study effective models of social entrepreneurship. Practice proves that the most rational among the known methods of risk management is the stakeholder approach. The main risks in the perception of the quality of social project implementation are “gaps”: a) in knowledge – project implementers misunderstanding of the customer expectations; b) in standards – the inability to set quality standards that meet customer expectations; c) in the effect of implementation – the inability to ensure the quality of project implementation in relation to established standards; e) in communications – the inconsistency of the transmitted information about the quality of the project to the actual level. All these risks are closely linked. Research shows that the greatest risks in the implementation of social projects occur among the “gaps” in standards. Distinctive features of the management process of social programs and projects, which have to be taken into account during the management standards development, are presented in the work of V.M. Burkov. The basis of the formation of the interests harmonization mechanism is the “Stakeholder Interaction Standard AA1000” (Standard AA1000SES), which sets out the basic methods, tools and standards of stakeholders management. The technology of developing of the social project road map is presented in the work of O.V. Ponomarenko. The works of O.I. Datsko are devoted to the study of the role of stakeholders in the view of the projects development with the aim to increase the territories competitiveness. The process of urban development strategy is researched by A.I. Yermolova. Summarizing the above, it should be noted that one of the defining areas of socialization of economic relations in modern Ukraine is the development of social entrepreneurship. Today’s economic, political and social realities necessitate the development of social entrepreneurship from the level of charity to the level of social enterprises, which will not only become a source of material needs for people unable to compete in the labor market, but also help to solve various pressing social problems. The formation of social enterprises should be ensured by a set of legal, economic and ideological guarantees from the state and society. The evolution of social entrepreneurship should be accompanied by the solution of both global (for example, the formation of public consciousness) and applied (for example, for the sustainable social entrepreneurship development it is required to use effective business models) tasks. The method of CBA involves determining the discount rate for social projects, which can be calculated by the model for the assessment of the social border of intertemporal benefits. The following statistical indicators can be used for calculation: the risk to life level, the growth rate of consumption per capita, the elasticity of the marginal social utility of consumption. The calculation uses the arithmetic mean values of these indicators for as long as possible.

ON THE ISSUE OF ASSESSING THE SOCIAL IMPACT OF SOCIAL ENTREPRENEURSHIP

2021 ◽  
Vol 14 (6) ◽  
pp. 157-161
Author(s):  
MARGARITA NETESOVA ◽  
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Social Problems ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
The Social ◽  
Quantitative Indicators ◽  
Current Procedure

Purpose of research. The purpose of the study is to develop a legal approach to assessing the social impact of such a phenomenon as social entrepreneurship. In accordance with the current legislation, social entrepreneurship is carried out in order to solve certain acute social problems facing society. There is an urgent need to assess to what extent this activity solves the task, in other words, to determine the level of social impact exerted by the category of social entrepreneurs. Currently, the current regulatory legal acts do not contain criteria for such an assessment. Conclusions. The analysis of certain types of social entrepreneurship and the current procedure for recognizing small and medium-sized businesses as social enterprises allowed us to identify quantitative indicators characterizing the social impact of certain types of social entrepreneurship. In addition, quantitative and qualitative indicators are proposed that can be used to evaluate those social enterprises whose activities cannot be evaluated on the basis of so-called "obvious" quantitative indicators. It is concluded that it is necessary to submit a report on the social impact of a small or medium-sized business entity applying for inclusion in the register of social entrepreneurs.

Social entrepreneurs' personal network, resource bricolage and relation strength

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Zhen Liu ◽  
Yingzhao Xiao ◽  
Shiyao Jiang ◽  
Shuang Hu
Keyword(s):  
Social Capital ◽  
Social Entrepreneurship ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Personal Network ◽  
Network Resource ◽  
Content Type ◽  
The Social ◽  
Resource Bricolage ◽  
Available Resources

PurposeThis study proposes personal network of social entrepreneurs as a key antecedent factor of their resource bricolage to understand the mechanisms underlying social entrepreneurial practices before the founding of social enterprises.Design/methodology/approachAn empirical study is used to collect and analyze data. The questionnaire data are drawn from in-depth semistructured interviews with Chinese social entrepreneurs. This study develops a theoretical framework that draws upon two dimensions of social capital, namely, “ownership” and “use,” to explore relationships among personal network, resource bricolage and relation strength.FindingsWith data from 227 social enterprises in China, empirical results suggest that personal network of social entrepreneurs, that is, the “owned” social capital, shall be transformed by the intermediate role of resource bricolage into relation strength, that is, the “used” social capital. The relationship between resource bricolage and relation strength is positively moderated by the marketization degree and social class of social entrepreneurs.Research limitations/implicationsThis study introduces resource bricolage into the front-end course of social entrepreneurship. The results show that similar personal network can lead to different behavioral outcomes in the context of social entrepreneurship. Then the integration of resources and opportunities at the beginning of the social entrepreneurial process opens new avenues for future research. However, this study only investigates the transformation from network to resources implemented by social entrepreneurs before organization establishment. It does not explore potential outcomes of such a transformation for the development of social enterprises.Practical implicationsSocial entrepreneurs at the prefounding stage shall make use of the values of available resources, fully use potential interpersonal relations in the personal network, and transform these relations into a close, steady relationship to realize potential values of available resources. Social entrepreneurs can start from excavation and foundation laying of strong relation networks, to avoid problems in legality, social awareness and failure risks generated from blind integration of external resources.Originality/valueThis study finds that social entrepreneurship exists between the motivation of the social entrepreneur and the establishment of the organization after the development over time. Creating first a phased result through the resource bricolage is necessary. This result establishes a complete process chain of social entrepreneurship from motivation to behavior, next to organization establishment and subsequent development. This study is an empirical test based on the theoretical interpretation to make a positive effect on the social entrepreneurship research in the theoretical construction and testing of the deficiencies.

Antecedents of customers’ intention to support Islamic social enterprises in Indonesia

2014 ◽  
Vol 26 (5) ◽  
pp. 707-737 ◽  
Author(s):  
Sri Rahayu Hijrah Hati ◽  
Aida Idris
Keyword(s):  
Social Entrepreneurship ◽  
Structural Equation ◽  
Design Methodology ◽  
Social Enterprises ◽  
Extrinsic Factors ◽  
Content Type ◽  
Equation Modelling ◽  
The Social ◽  
The Impact ◽  
Practical Implications

Purpose – The purpose of this paper is to examine the influence of extrinsic factors, namely, age, education, gender, marital status and income on customers’ intention to support Islamic social enterprises via donation. The paper also assesses the influence of religiosity on support intention (SI). The impact of customers’ perceptual reaction to the credibility of social enterprises’ advertising is also measured to assess its influence on SI. Design/methodology/approach – A total of 214 completed questionnaires from online and offline surveys were analysed using several statistical analyses, including structural equation modelling, to assess the effects of the independent variables on SI. Findings – The study found that customers’ socioeconomic status and religiosity have no significant influence on their intention to channel their donations via Islamic social enterprises. It is the social enterprises’ advertising which significantly influences their SI. Research limitations/implications – The study focuses on an Islamic research context of social entrepreneurship. Thus, the results cannot be generalised directly to the non-Islamic social entrepreneurship context. Practical implications – Findings of the study suggest that organisations should develop effective communication strategies through advertising to highlight organisational credibility as it plays an important role in shaping customers’ attitudes and intentions. Originality/value – The study investigates the effects of marketing on customers’ SI. It also considers credibility, advertising, and the concept of branding in a context of social entrepreneurship, a concept that is still largely unexplored in the literature.

scholarly journals Characterisation of Impact Funds and Their Potential in the Context of the 2030 Agenda

2021 ◽  
Vol 13 (11) ◽  
pp. 6476
Author(s):  
Juan C. Santamarta ◽  
Mª Dolores Storch de Gracia ◽  
Mª Ángeles Huerta Carrascosa ◽  
Margarita Martínez-Núñez ◽  
Celia de las Heras García ◽  
...  
Keyword(s):  
Social Entrepreneurship ◽  
Positive Impact ◽  
Supply And Demand ◽  
Social Enterprises ◽  
Special Importance ◽  
The European Union ◽  
Critical Aspect ◽  
Investment Funds ◽  
The Social ◽  
The Impact

The European Union has incorporated impact investment through two action plans: the Social Entrepreneurship Initiative and the Investment Plan for Europe. These financing tools seek to fund economic growth and promote job creation. Among the different measures carried out, the regulatory framework for impact investment funds stands out, under which the denomination, European Social Entrepreneurship Fund, is established to designate investment funds focused on social enterprises with the objective of generating a positive impact. It is possible to affirm that the creation of a solid impact intermediation infrastructure, by connecting both sides of supply and demand, is a critical aspect for the development and effective functioning of the impact market. Special importance is given to impact funds capable of attracting private capital. In order to categorise the different impact funds according to the most relevant aspects, a proposal form for the characterisation of impact funds has been drawn up and has been applied to a particular case. The presentation of Creas will allow for contextualising the practices that impact funds carry out and facilitate the general understanding of the article through a specific example that is considered successful in Spain.

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