Antonio Aragón Sánchez, Alicia Rubio Bañón and Paula Sastre Vivaracho
Institutions, Behaviors and Outcomes
Alicia Rubio Bañon, Nuria Esteban-Lloret and Antonio Aragón Sánchez
Alicia Rubio Bañon, Nuria Esteban-Lloret and Antonio Aragón Sánchez report the results of an original comparative analysis. While it has been documented that social companies share the pursuit of revenue generation with commercial firms, but look as well to achieve goals such as positive social and environmental impact, little is still known about the specificities – if any – regarding the characteristics and motivations of social entrepreneurs. Using data from the 2009 Spanish Global Entrepreneurship Monitor (GEM) survey, the authors find key differences that significantly distinguish commercial entrepreneurs from social entrepreneurs. Three individual factors particularly emerge: opportunity perception, entrepreneurial self-efficacy perception and risk perception.