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Social Entrepreneurship and Its Role on Building Societal Values in Malaysia

Mhd. Sarif, Suhaimi and Sarwar, Abdullah Al-Mamun and Azam, S. M. Ferdous (2021) Social Entrepreneurship and Its Role on Building Societal Values in Malaysia. In: A Contemporary Theory of Social Entrepreneurship for Sustainable Wealth Creation. Kulliyyah of Economics and Management Sciences, IIUM, IIUM, pp. 61-73. ISBN 978-967-2621-93-5

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Abstract

This chapter postulates that social entrepreneurship has a role in building societal values. The subject social entrepreneur and social entrepreneurship are increasingly important. The economic functional analysis of entrepreneurship focuses upon the economic role for social entrepreneurship to drive social-based economic development. More recently, observers of the phenomenon of social entrepreneurship have suggested that social entrepreneurship involves creation of wealth through building new enterprises and that the social entrepreneur is the founder. The motivation behind wealth creation includes personal desire, self-motivation to engage in social work, and entrepreneurial spirits.

Item Type: Book Chapter
Uncontrolled Keywords: Economic Development, Social Economics, Social Work
Subjects: H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5387 Business ethics
H Social Sciences > HF Commerce > HF5475.I74 Halal business, entrepreneur, marketing, management, and administration
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User: Dr Suhaimi Mhd Sarif
Date Deposited: 03 Nov 2021 09:12
Last Modified: 03 Nov 2021 09:12
URI: http://irep.iium.edu.my/id/eprint/93445

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