The Relationship Between Entrepreneurship and the Social Sciences

Entrepreneurship is often thought of as a business that involves the creation of businesses solely for the purpose of earning money or creating jobs. But it's important to keep in mind that entrepreneurship goes beyond just about making money. It's about identifying opportunities in unexpected places - whether it's through the development of a new product or service, trying to improve the existing community, or through developing a revolutionary process.

It's not surprising that entrepreneurship and the social sciences are closely interlinked. There is an abundance of overlap between these two fields, particularly in the sense that entrepreneurs need to be aware of the impact they have on people and communities. To run a business with success, they must be aware of trends in society as well as human psychology.

The rise of the social entrepreneurship (SE) field has resulted in the development of fresh and innovative ideas regarding entrepreneurial processes. There are many different schools of thought in the literature dealing with this type of entrepreneurship that is emerging. The analysis of citations shows that the most common approach is based on the theory of institution and research papers from scholars in Western societies dominating. These papers often deal with exogenous factors, such as government policies or Read Full Report the existence of an eco-system that could influence the creation and operation of SE ventures. Moreover, they also examine the impact of socio-cultural influences and emotional factors in the decision-making process in these activities.