Patterns in Social Entrepreneurship Research

Patterns in Social Entrepreneurship Research

Edited by Jill Kickul and Sophie Bacq

The contributors expertly focus on the individual, organizational and institutional levels of social entrepreneurship. They address the role of personal values and leadership in the conduct of social entrepreneurial initiatives while stressing the importance of stakeholders in relation to human resource management, innovation or opportunity discovery. Finally, they analyze the role of institutions in legitimating social entrepreneurs' actions.

Chapter 4: The role of personal values in social entrepreneurship

Michael Conger

Subjects: business and management, social entrepreneurship, development studies, social entrepreneurship, politics and public policy, social entrepreneurship

Extract

The importance of values to the social entrepreneur is widely acknowledged in the social entrepreneurship literature. However, in-depth discussion of values and how they motivate the social entrepreneur is extremely rare. Most studies of entrepreneurial motivation focus solely on economic incentives and psychological constructs such as self-efficacy and the need for personal achievement. In this chapter, I examine the question of how an entrepreneur’s values influence the kind of venture she (or he) will create. I draw on values theories from social psychology to explain the role of values as drivers of entrepreneurial action with the purpose of creating social or environmental benefits over and above economic benefits. I theorize that entrepreneurs will place varying levels of priority on values focused on either self-enhancement or self-transcendence and that these prioritizations will strongly influence the importance they place on creating economic or social benefits through their ventures. I provide a framework for understanding how values motivate social entrepreneurs to create non-economic value.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information