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The purpose of this paper is to incorporate the demand and supply‐side theories of entrepreneurship development in a series of stage‐based models that analyze how macro‐level and contextual variables influence social entrepreneurship activity. The paper investigates the macro‐level influences, including the socio‐political, cultural and economic factors that can stimulate or impede the emergence of social entrepreneurship. Although little research on these determinants has been conducted, this study seeks to reveal that several variables that are crucial in traditional entrepreneurial studies do not appear to significantly affect social entrepreneurship.

To measure social entrepreneurial activity, the authors used the Global Entrepreneurship Monitor (GEM) findings from the 2009 study. Hierarchical multiple regression was used to test three multi‐level stages of the socio‐political, economic, and cultural determinants of social entrepreneurship activity. The series of three stages for all of the variables were entered in the following order: first, socio‐political variables; second, cultural variables; third, economic variables. This approach allows the authors to explore and thus extend the previous research reviewed here, on how the economic context beyond socio‐political and cultural factors affects social enterprise activity.

A three‐stage analysis revealed that socio‐political variables accounted for 76 percent of the variance in social entrepreneurial activity. It was found that the single greatest determinant of social entrepreneurial activity is the degree of female participation in the labor force. Additional findings and implications for understanding the role of macro‐level factors on social entrepreneurship are discussed.

Social entrepreneurship has the potential to confront and address some of society's most challenging and complex problems arising from market and government inadequacies or failures. Social entrepreneurial firms exist within environments that are often severely resource‐constrained. Therefore, social entrepreneurs may rely on a unique set of strategies to mobilize resources available to them, such as collaboration with others and accessing social capital to generate value solutions for their communities. The growth of women's participation in the labor force is a powerful influence on social entrepreneurship activity, and with the increase in training programs and local networks to support women's business ownership, it is likely that this trend will continue and positively impact communities around the world.

There has been a profound neglect in most of the literature dealing with social entrepreneurship on the relationship between social entrepreneurship and technological innovation. The purpose of this paper is to provide new insights into that relationship by using the case of Prezi, a Budapest, Hungary-based mission-driven software company.

The research approach used for this paper is qualitative in nature and uses the case study methodology. Evidence was based on interpretative/qualitative interviews and direct observations.

Using the example of Prezi, the authors show that social entrepreneurial activities and projects could act as an important innovation source for technology-based industries.

The authors use the case of Prezi and describe several of Prezi’s socially driven projects and show how they influence those involved with the company to continuously innovate and solve problems that have positive impact in the community as well as their core product offering.

The purpose of this paper is to contribute to the understanding of the factors that influence social entrepreneurial ventures’ (SEVs) pursuit of a blended value approach. This paper predicts and examines that the mindset of SEV senior decision-makers leads them to perceive organisational goals differently.

This paper tests the hypotheses on an original data set of 171 SEVs by means of discriminant analysis.

The results suggest that social entrepreneurs who display an agency-oriented mindset tend to perceive organisational goals as being single: either social or financial. Conversely, social entrepreneurs who have a stewardship-oriented mindset tend to perceive organisational goals as blending both. The findings also underline that senior decision-makers’ mindsets in terms of governance are far from being uniform in SEVs.

The findings empirically contribute to the argument that agency principles do apply to broader contexts than profit-oriented organisations (Wiseman et al., 2012) and frame SEVs as a promising context that redefines principal-agent relationships. It follows that the expected association between non-economic goals and stewardship put forward in the literature needs to be nuanced: only a blended value approach of social and financial objectives is associated with stewardship, whereas single social goals are best perceived by agency-oriented senior decision-makers. The results are limited to a single survey, using cross-sectional data.

The findings have a bearing on goal setting in social entrepreneurship. The results suggest that practitioners who display a stewardship mindset are more likely to perceive a double bottom line than those displaying an agency mindset.

A novel feature of the model is the incorporation of senior decision-makers’ heterogeneous “governance mindsets” (agency and stewardship) and one of the first empirical tests of blended value in social entrepreneurship.

It has been argued that the social and informational cues within the work environment need to be investigated to better understand and identify a nomological network underlying the psychological contract construct. This study is one of the first to investigate how employees may use social and informational messages and cues in the work environment to formulate and place meaning behind their employee employer exchange relationship. We present a model that examines specific dimensions of employees’ psychological climates that may serve as a basis for understanding their contract with their organization. Three hundred and seventy employees from a variety of organizational settings completed measures of their climate (role characteristics, job characteristics, workgroup and social environment, leader behaviors, and organizational and subsystem attributes) as well as their perceptions of their psychological contract. The model and proposed relationships were tested through a series of hierarchical regression analyses. Results revealed that role characteristics were associated with the workload and clarity components of the contract while job characteristics were related to the work variety, work importance, and autonomy contract factors. Workgroup and social environment dimensions were related to the contract components of social interaction and work conditions and leader behaviors were associated with the feedback contract factor. Finally, organizational and subsystem attributes were linked to the compensation, benefits, security, advancement, development opportunities, fairness, and interpersonal factors of an employee’s psychological contract. Study contributions and limitations as well as directions for future research are discussed.

We examine the various components of entrepreneurial self-efficacy within the entrepreneurship literature from a measurement perspective. Two published entrepreneurial self-efficacy instruments are tested and compared. Additionally, we study how self-efficacy relates with many of the tasks and roles identified within the entrepreneurial new venture life-cycle. Our study suggests relationships between self-efficacy, perceived skills, and abilities to manage a new venture, and entrepreneurial intentions to start a new venture. We discuss relationships between entrepreneurship research and university teaching and make specific suggestions on how further work on improving measurement in entrepreneurship will benefit both research and teaching effectiveness.

The purpose of this paper is to provide insight into the effectiveness of cognitive and emotional appeals to mobilize resources in prosocial crowdfunding settings that combine the creation of economic and social value.

The authors quantitatively measure the effectiveness of cognitive and emotional appeals in the entrepreneurial narratives of 2,098 entrepreneurs from 55 countries shared via the Kiva platform by performing multiple regression analysis.

The findings suggest that using cognitive appeals can attract more resources than using emotional appeals. In fact, using affective language in general, and negative emotion words specifically, can be detrimental and attract fewer resources.

The authors contribute to the entrepreneurship and social entrepreneurship literature by linking insights from the Elaboration Likelihood Model (ELM) of persuasion and motivational framing to understand resource mobilization in prosocial settings. This study demonstrates that cognitive and emotional appeals could lead to different outcomes in contexts where entrepreneurial narratives are all framed as “doing good” and individuals allocating resources are highly socially motivated.

Given the previous research on the disparities of lending rates and their relationship with lending institutions for women-owned and minority-owned businesses, the study poses the research question: How much Paycheck Protection Program (PPP) funding was distributed to women-owned and minority-owned businesses in comparison to other firms? Additionally, as the purpose of the PPP funding was to assist small businesses in retaining their workforce, the authors pose a second research question: Of those who received PPP funding, how many jobs on average were retained? And importantly related to our first research question, are there differences across gender and race in the average number of jobs retained?

This is one of the first empirical studies with an initial sample size of 661,218 loans from July 2020 that examines whether the United States PPP had the intended impact to save jobs in small businesses and to examine any reported differences across gender and race in loans issued and jobs saved.

The authors find that significant differences exist between women- and men-owned businesses across all five loan categories, with male-owned firms receiving over 80% of PPP loans. However, women-owned firms saved more jobs on average across all but the largest loan category. Significant differences were also found between minority- and White-owned businesses with minority-owned businesses generally saving more jobs on average across most loan categories.

A limitation of this study pertains to certain missing data that were not reported by participants. While a participant may have included their gender, they may not have included their race. Therefore, the varying sets of data may not be a reflection of the same individuals. Additionally, the industries were not included in this analysis, which may shed light on the job creation differences across gender and race.

Many of the industries that have been significantly impacted have been the tourism, restaurant and hospitality sectors, and knowing “where the money was allocated” can assist policymakers in allocating additional funds to those businesses, especially those who did not receive funding in the initial first waves of PPP.

This is one of the first empirical studies that examine over 600,000 loans and found that women-owned firms saved more jobs across all loan categories except the largest loans. Significant differences were also found between minority- and White-owned businesses with minority-owned businesses generally saving more jobs on average across most loan categories.