Exploring the motivating factors for opportunity recognition among social entrepreneurs: a qualitative study

Viswanath, Parvathy and Annapally, Sadananda Reddy (2024) Exploring the motivating factors for opportunity recognition among social entrepreneurs: a qualitative study. New England Journal of Entrepreneurship. ISSN 2574-8904

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Abstract

Purpose
This paper explores the motivating factors that lead to opportunity recognition among social entrepreneurs in India.

Design/methodology/approach
The study followed an exploratory, qualitative design based on thematic analysis of the interview data collected from 13 Indian social entrepreneurs.

Findings
The study identifies two aggregate factors that motivate social entrepreneurs: personal and contextual. Personal factors include life experiences, social awareness, social inclination since childhood, spiritual motives, the need for a meaningful career and entrepreneurial intention. Contextual factors included institutional voids, community development, the presence of a role model and volunteer experiences.

Research limitations/implications
This study contributes to the social entrepreneurship literature by providing a model for motivating factors that lead to opportunity recognition. This study enables policymakers and social entrepreneurship educators to identify aspiring social entrepreneurs and provide target-specific support to them.

Practical implications
This study enables policymakers and social entrepreneurship educators to identify aspiring social entrepreneurs and provide target-specific support to them.

Originality/value
The study uniquely contributes to the social entrepreneurship field by offering deep qualitative insights into the motivational and opportunity recognition patterns of social entrepreneurship.

Item Type: Article
Keywords: Motivation | Opportunity recognition | Social entrepreneurship | Thematic analysis
Subjects: Social Sciences and humanities > Business, Management and Accounting > Human Resource Management
Social Sciences and humanities > Psychology > General Psychology
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal School of Psychology & Counselling
Depositing User: Subhajit Bhattacharjee
Date Deposited: 12 Jun 2024 06:38
Last Modified: 13 Jun 2024 06:11
Official URL: https://doi.org/10.1108/NEJE-05-2023-0034
URI: https://pure.jgu.edu.in/id/eprint/7931

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