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Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman

Commercial enterprise was set up with the primary aim to get returns in terms of profit. However, for social enterprise, business solutions are used to solve social issues. Chandra et al. (2021) found that millennials are increasingly interested in social entrepreneurship as a career option. It is a...

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Main Authors: Mansor, Roseamilda, Abd Rahman, Nurul Hayani
Format: Article
Language:English
Published: Faculty of Business & Management, Universiti Teknologi MARA (UiTM) Cawangan Kedah 2021
Subjects:
Entrepreneurship. Risk and uncertainty
Consumption. Demand (Economic theory)
Online Access:https://ir.uitm.edu.my/id/eprint/56292/1/56292.pdf
https://ir.uitm.edu.my/id/eprint/56292/
https://fbminsights.uitm.edu.my/
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spelling my.uitm.ir.562922022-06-21T08:41:57Z https://ir.uitm.edu.my/id/eprint/56292/ Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman Mansor, Roseamilda Abd Rahman, Nurul Hayani Entrepreneurship. Risk and uncertainty Consumption. Demand (Economic theory) Commercial enterprise was set up with the primary aim to get returns in terms of profit. However, for social enterprise, business solutions are used to solve social issues. Chandra et al. (2021) found that millennials are increasingly interested in social entrepreneurship as a career option. It is an approach by start-up companies and entrepreneurs to develop, fund, and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in terms of size, aims, and beliefs. Social entrepreneur is a kind of business entities who concern and not about the profit but at the same time give good return to the society. A previous study by Germak and Robinson (2014) found that social entrepreneurs were motivated to engage in social entrepreneurship by a desire to benefit society, which is a key characteristic of public service motivation. In addition, another study found that entrepreneurial intention is highly predicted by entrepreneurial self-efficacy when a strong perception of fit with entrepreneurship is attained. In contrast, regardless of entrepreneurial self-efficacy, if one perceives a low level of fit or no fit, entrepreneurial ambition will be low (Hsu et al., 2019). Faculty of Business & Management, Universiti Teknologi MARA (UiTM) Cawangan Kedah 2021 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/56292/1/56292.pdf Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman. (2021) FBM Insights, 4: 11. pp. 30-33. ISSN 2716-599X https://fbminsights.uitm.edu.my/
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Entrepreneurship. Risk and uncertainty
Consumption. Demand (Economic theory)
spellingShingle Entrepreneurship. Risk and uncertainty
Consumption. Demand (Economic theory)
Mansor, Roseamilda
Abd Rahman, Nurul Hayani
Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
description Commercial enterprise was set up with the primary aim to get returns in terms of profit. However, for social enterprise, business solutions are used to solve social issues. Chandra et al. (2021) found that millennials are increasingly interested in social entrepreneurship as a career option. It is an approach by start-up companies and entrepreneurs to develop, fund, and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in terms of size, aims, and beliefs. Social entrepreneur is a kind of business entities who concern and not about the profit but at the same time give good return to the society. A previous study by Germak and Robinson (2014) found that social entrepreneurs were motivated to engage in social entrepreneurship by a desire to benefit society, which is a key characteristic of public service motivation. In addition, another study found that entrepreneurial intention is highly predicted by entrepreneurial self-efficacy when a strong perception of fit with entrepreneurship is attained. In contrast, regardless of entrepreneurial self-efficacy, if one perceives a low level of fit or no fit, entrepreneurial ambition will be low (Hsu et al., 2019).
format Article
author Mansor, Roseamilda
Abd Rahman, Nurul Hayani
author_facet Mansor, Roseamilda
Abd Rahman, Nurul Hayani
author_sort Mansor, Roseamilda
title Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
title_short Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
title_full Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
title_fullStr Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
title_full_unstemmed Social enterprise: new way to do business in Malaysia / Roseamilda Mansor and Nurul Hayani Abd Rahman
title_sort social enterprise: new way to do business in malaysia / roseamilda mansor and nurul hayani abd rahman
publisher Faculty of Business & Management, Universiti Teknologi MARA (UiTM) Cawangan Kedah
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/56292/1/56292.pdf
https://ir.uitm.edu.my/id/eprint/56292/
https://fbminsights.uitm.edu.my/
_version_ 1736837244126232576
score 13.211869

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