Small and Medium Enterprises' Social Entrepreneurship Initiatives and Activities in Samar Island, Philippines
Rochelle G. Cuanico
Discipline: business studies
Abstract:
This study aimed to examine the significance of social
entrepreneurship initiatives and activities faced by owners, employees, and
customers/clients. Using a quantitative, descriptive-correlational design, the
study involved 265 owners, 795 employees, and 1,326 customers/clients from
SMEs in several towns of Northern, Eastern, and Samar provinces. Results
showed that entrepreneurs were committed to corporate social responsibility
and made efforts toward environmental sustainability, cultural, and social
development. Significant differences were found in perceptions of social
entrepreneurship initiatives across participant groups, and strong correlations
were observed between specific demographics, including business foundation
and type, and social entrepreneurship practices. Moreover, the study offers
valuable insights for future research and practical recommendations for
recognizing the pivotal roles of SME owners, employees, and
customers/clients in driving social entrepreneurship endeavors, and for
empowering individual entrepreneurs to navigate social entrepreneurship in
terms of innovation and social practices.
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