Social Entrepreneurship and Impact on Securing Triple Bottom Line in Social Enterprises

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Date
2020
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Uva Wellassa University of Sri Lanka
Abstract
Creation of innovative solutions to solve most pressurized social problems is the core of social entrepreneurship while performing the major role of changing agents by social enterprises and entrepreneurs. The study questioning the rise of social enterprises to balance economic, social, and environmental factors in the Sri Lankan economy. Thus, this study aims to determine whether the social entrepreneurship dimensions help social enterprises to secure the triple bottom line by drawing from the knowledge and empirical gaps. Online questionnaires were used as a research instrument to collect data from 137 selected social enterprises through a quantitative research approach. Cronbach’s alpha value has ensured the reliability of the questionnaire developed based on past literature. Data were analyzed using descriptive, correlation, and regression analysis. The findings prove that social entrepreneurship positively impacted on achieving triple bottom line goals and highly impacted environment performance rather than economic and social. Finally, this study recommends beginning discussions regards to the social entrepreneurship to fill the academic and industrial lacuna in Sri Lanka. Keywords: Social entrepreneurship, Social entrepreneur, Social enterprise, Social entrepreneurial dimensions, Triple bottom line
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Keywords
Business Management, Social Entrepreneurship, Management Sciences
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