Title: Drivers of social entrepreneurship

Authors: María-Teresa Méndez-Picazo; Domingo Ribeiro-Soriano; Miguel-Ángel Galindo-Martín

Addresses: Departamento de Economía Financiera y Contabilidad II, Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid, Campus de Somosaguas, 28223 Pozuelo de Alarcón, Madrid, Spain ' Department of Management, Facultat d'Economía and IUDESCOOP, Universitat de València, Edificio Departamental Oriental, Campus de los Naranjos, 46022 Valencia, Spain ' Department of Economic Policy, Facultad de Derecho y Ciencias Sociales, Universidad de Castilla-La Mancha, Ronda de Toledo, s/n 13071 - Ciudad Real, Spain

Abstract: Social entrepreneurship is a prominent form of entrepreneurial activity. Given that creating social value is one of the main goals of social entrepreneurs, social entrepreneurship is especially important in today's economic climate, characterised by a severe global crisis that has affected the role of the welfare state for a host of economic agents. Consequently, it is highly advisable to devise measures to foster social entrepreneurship by addressing the key variables that drive this activity. This study's aim was to analyse some of these variables, namely human capital and income distribution, as well as the institutional variables of the rule of law and corruption. To achieve this aim, the economic situation in 29 countries was studied using Partial Least Squares (PLS) methodology.

Keywords: social entrepreneurship drivers; human capital; rule of law; corruption; income distribution; social innovation; social value creation; partial least squares; PLS.

DOI: 10.1504/EJIM.2015.072214

European Journal of International Management, 2015 Vol.9 No.6, pp.766 - 779

Received: 31 Mar 2014
Accepted: 11 May 2014
Published online: 05 Oct 2015 *

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