Linkage between Entrepreneurial Competency and Social Entrepreneurship: Evidences from SMEs in Kerala

Abstract

Social entrepreneurs initiate social innovation and transformation in different fields such as education, health, environment, finance and even business management. They are keen in pursuing poverty alleviation goals while undertaking various activities with entrepreneurial zeal, business methods and exhibit the courage and commitment to renovate and transform traditional practices. The present study was conducted with a view to find out the extent to which entrepreneurial competency supports the development of social entrepreneurship and to develop a model explaining the linkage between entrepreneurial competency and social entrepreneurship. The methodology adopted in the study was a combination of exploratory, descriptive and explanatory research designs. Findings of present study pinpoint the statistically significant direct positive relationship between the two variables. Policy makers, while designing various training and development programs for micro entrepreneurs, can focus on various entrepreneurial competency factors, which can potentially contribute to the characteristic of social entrepreneurship among them.