Entrepreneurship is often viewed as a commercial venture that involves creating businesses solely to earn money or create jobs. It’s important to keep in mind that entrepreneurship is about more than simply making money. It’s about finding value in unexpected places – whether it’s through development of a new product or service, striving to improve an existing community, or by developing an innovative method.

So, it’s no surprise that entrepreneurship is tightly linked to the social sciences. There is lots of overlap between these two fields, particularly in the sense that entrepreneurs must be aware of their impact on people and communities. To run their business with success, they must be aware of trends in society and the psychology of humans.

The field of social entrepreneurship (SE) has given birth to many new and innovative ideas regarding entrepreneurialism. This has led to the fact that there are many various’schools of thought’ in the literature which focus on this new type of business. The analysis of citations shows that the most commonly used approach is based on institution theory, with articles from scholars in Western societies dominating. These papers often address questions of external determinants like the existence of an ecosystem or the policies of government that can influence the founding and operation of SE ventures. They also analyze the impact that social and emotional factors play in the decision to engage such activities.

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