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http://dx.doi.org/10.5762/KAIS.2016.17.4.172

The Effects of Entrepreneurship on Social Enterprise Performance  

Lee, Jun-Hee (Weappear G & G Research Institute)
Kim, Sang-Wook (Division of Management Information Systems, Chungbuk National University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.17, no.4, 2016 , pp. 172-179 More about this Journal
Abstract
This study examined what entrepreneurial elements of social enterprises contribute to the virtuous cycle to lay a foundation of the coevolution with communities through growth and wealth distribution. To this end, the study was started by adding the pursuit of social goals to the components of entrepreneurship, namely an innovative mind, progressive spirit, and risk sensitivity, and the effects of each of these factors on their economic performance and the social performance were examined. Within this framework, the relationships between social enterprises' performance in economic and social dimensions as dependent variables, and the entrepreneurial elements as independent variables were examined by correlation tests and regression analysis for two hypotheses and their 8 subsequent hypotheses. The results showed that the entrepreneurs' progressive spirit had a statistically meaning effect on the economic performance, and an innovative mind and risk sensitivity are influential variables for social performance.
Keywords
entrepreneurship; entrepreneurial elements; social performance; economic performance;
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