The Relationship Between Entrepreneurship and the Social Sciences

A wide array of disciplines contribute to the study of entrepreneurship, including economics (incentives, markets), management (opportunity, process) as well as sociology (influence and norms) and psychology (motivation, biases), anthrology (history and culture), and law. This range of disciplines suggests that it is both an activity and an event.

The idea of entrepreneurship has been a bit hazy and this uncertainty can be observed in the definitions that researchers have offered. Many have embraced Schumpeterian entrepreneurial theories that are dynamic which describe it as an individual’s ability to discover new opportunities and create new businesses. Others have highlighted the importance of entrepreneurial activities in larger communities or organizations. Some have narrowed the definition of entrepreneurship to small business owners and self-employed people who run their own businesses.

Whatever definition you pick there is a consensus that entrepreneurship is essential for economic development and wellbeing, as it is associated with the creation of jobs and productivity increases. It is also a major contributor to economic growth. In why not check here addition, social entrepreneurs are important social actors as they introduce solutions to societal problems.

As a result, there is an increasing interest in incorporating the concept of social entrepreneurship in entrepreneurship education and a number of researchers have started to explore this idea. There is a lack of research that is empirically based on social entrepreneurship and higher education and it’s crucial to understand what students are learning through this type of course. This article addresses this issue with an examination of students’ experience taking a course in Social Enterprise at an University in Pakistan.