Creating value for others

an exploration of social entrepreneurs' motives and rewards

Research output: Contribution to journalMeeting abstract

Abstract

Purpose: What motivates social entrepreneurs to create value for themselves and others? What benefits do they receive from ventures that are not organised to provide financial returns? Design/methodology/approach: We propose and evaluate a conceptual model for understanding social entrepreneurial motivations using data gathered from in-depth interviews with social entrepreneurs. Findings: Results suggest that participants’ motivations are linked to three aspects of their commitment to the community in need: 1) identification with the target community, 2) a sense of obligation to the community and 3) a personal commitment to social justice. Respondents discuss both internal rewards, such as feeling part of a community, and external rewards, including monetary compensation and positive feedback. While social entrepreneurs seem to be both internally and externally motivated to achieve internal rewards, the importance of external rewards appears to be limited to the extent that they enable or reinforce continued satisfaction with the venture.
Original languageEnglish
Pages (from-to)83
Number of pages1
JournalExpo 2011 Higher Degree Research : book of abstracts
Publication statusPublished - 2011
EventHigher Degree Research Expo (7th : 2011) - Sydney
Duration: 10 Oct 201111 Oct 2011

Keywords

  • social entrepreneurs
  • motivation
  • well-being

Fingerprint Dive into the research topics of 'Creating value for others: an exploration of social entrepreneurs' motives and rewards'. Together they form a unique fingerprint.

Cite this