NEXUS OF ENTREPRENEURIAL AND SOCIAL FACTORS IN SOCIAL ENTREPRENEURIAL INTENTIONS
DOI:
https://doi.org/10.18623/rvd.v22.n4.3247Keywords:
Community Development, Financial Gains Lifestyle Aspirations, Social Entreprenurial Intentions, Social Value CreationAbstract
This study examines the antecedents of Social Entrepreneurial Intention (SEI) by integrating entrepreneurial and social factors within a unified framework. Building on the push–pull theory of entrepreneurial motivation, four objectives are pursued: to assess the direct influence of entrepreneurial factors—lifestyle aspirations, financial gains, and personal fulfillment—on SEI; to evaluate the role of social factors—social value creation, community development, and sustainability—in shaping SEI; to analyze the interaction between entrepreneurial and social logics; and to investigate the mediating effects of social factors in translating higher-order motivations into intentions. A quantitative survey of 80 graduating entrepreneurship students in the Philippines provides the empirical foundation. Descriptive analysis revealed high entrepreneurial orientation and social awareness, while correlational and regression results confirmed that lifestyle aspirations, financial gains, and personal fulfillment significantly predict SEI. Social value creation and community development also emerged as robust drivers, although sustainability did not exert a significant effect, suggesting contextual contingencies. Mediation analysis further demonstrated that social factors partially mediate the relationship between entrepreneurial factors and SEI, underscoring the hybrid and reinforcing nature of economic and social logics. By capturing the dual logic underlying SEI, this study enriches understanding of how hybrid motivations foster the pursuit of social entrepreneurship.
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