The Relationship Between Entrepreneurship and the Social Sciences

Posted by Security Vault

Entrepreneurship is often thought of as a business which involves establishing social sciences businesses for the sole purpose of earning money or creating jobs. It is important to keep in mind that entrepreneurship is more than simply making money. It’s about identifying value in the unexpected – whether that’s through the creation of a brand new product or service, striving to improve an existing community, or through developing an innovative process.

Therefore, it’s not a surprise that entrepreneurship and social sciences are closely related. In fact, there’s a amount of overlap between the two fields, particularly in the sense that entrepreneurs must be aware of the effects their actions have on individuals and communities. To run a business effectively, they need to be aware of trends in society and the human psychology.

The development of the social entrepreneurship (SE) field has resulted in new and innovative ideas about entrepreneurial processes. There are many different’schools’ of research which deal with this new type of entrepreneurship. The analysis of citations shows that the most popular approach is one that is based on theory of institutions with a clear dominance of research papers by experts from Western societies. These articles often deal with questions of external determinants such as the existence of an ecosystem or government policies that could affect the establishment and operation of SE ventures. They also consider the influence of socio-cultural and emotional aspects in determining whether to participate in such activities.