The role of social entrepreneurship on economic, social and environmental development: evidence from the UK, Ahmed Alqaoud, Dr Rashed Alhaimer
Ahmed Alqaoud
Central Agency for Public Tenders,
Council of Ministers
Kuwait
Dr Rashed Salem Alhaimer
Associate Professor of Marketing, Local Dean, Business Faculty
Arab Open University
Kuwait
Paper type: Case Study
Received: 26 May 2023 / Revised: 25 March 2024 / Accepted: 8 April 2024 / Published: 14 November 2024
DOI: 10.47556/J.WJEMSD.20.2.2024.1
Purpose: This study aims to examine the role of social entrepreneurship on economic, social, and environmental development.
Design/Methodology/Approach: A mixed methodology was followed where data were collected from 300 companies and 10 managers from the UK.
Findings: The findings indicate that Corporate Social Responsibility (CSR) has a positive role in Return on Assets (ROA), Return on Equity (ROE), and Return on Sales (ROS), respectively. However, social entrepreneurship has mixed results on economic, social and environmental development.
Originality/Value of paper: The current research fills the gap in previous scholarly works by providing a comprehensive study of the practical implications of social entrepreneurship based on social, economic and environmental evaluations.
Research limitations/implications: A major limitation lies in the inability of the author to compare the results of different scales in the analysis. Apart from the definitive scales used, there are other scales that need to be considered in future research.
Practical implications: Managers could find the current research useful in evaluating company decisions based on social entrepreneurship ventures.
Keywords: Social Entrepreneurs; Social; Economic; Environment; Development.
Citation: Alqaoud, A. and Alhaimer, R.S. (2024): The Role of Social Entrepreneurship on Economic, Social and Environmental Development: Evidence from the UK. World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 20, No. 2, pp. 91–104.
