What rewards do social entrepreneurs anticipate when they create value for communities in need? This paper offers insights into possible rewards social entrepreneurs receive in return for investing their time and resources creating value for others. Following a review of intrinsic returns from entrepreneurial activities, we employ a goal-directed behavior lens to conduct a qualitative, instrumental case study of thirteen social entrepreneurs. Similar to commercial entrepreneurs, social entrepreneurs report gaining personal satisfaction and growth from their ventures. In contrast, social entrepreneurs place emphasis on successful change in target communities rather than achieving independence and work-life balance. This work offers a starting point for continued research into non-financial rewards of entrepreneurship.
|Title of host publication||Proceedings of the 27th ANZAM Conference 2013|
|Subtitle of host publication||managing on the edge|
|Editors||Martin Grimmer, Rob Hecker|
|Place of Publication||Australia|
|Publisher||Australian and New Zealand Academy of Management|
|Number of pages||1|
|Publication status||Published - 2013|
|Event||Australian and New Zealand Academy of Management Conference (27th : 2013) - Hobart, Australia|
Duration: 4 Dec 2013 → 6 Dec 2013
|Conference||Australian and New Zealand Academy of Management Conference (27th : 2013)|
|Period||4/12/13 → 6/12/13|
- social entrepreneurship
- characteristics of entrepreneurs
Ruskin, J., & Webster, C. M. (2013). Money can't buy happiness: intrinsic rewards of entrepreneurs. In M. Grimmer, & R. Hecker (Eds.), Proceedings of the 27th ANZAM Conference 2013: managing on the edge (pp. 3). Australia: Australian and New Zealand Academy of Management.