The Relationship Between Entrepreneurship and the Social Sciences

A wide array of disciplines contribute to the study of entrepreneurship, including economics (incentives, markets) and management (opportunity, process) and sociology (influence, norms) and psychology (motivation and biases) as well as anthrology (history, culture), and law. This range of disciplines suggests that it is both an activity and an actual phenomenon.

The concept of entrepreneurship isn’t clear and this ambiguity is evident in the definitions researchers have created for it. Many have embraced Schumpeterian innovative views of entrepreneurship which describe it as the capacity of an individual to take advantage of new opportunities and create new companies. Others have stressed the importance of entrepreneurial activities within larger communities or organizations. Others have restricted the definition to individuals who are self-employed and small business owners.

Whatever definition one decides to accept, it is widely recognized that entrepreneurship is critical to economic development and well-being. It is associated with productivity growth, job creation and economic growth. Social entrepreneurs are also crucial contributors to the society in that they offer solutions to social problems.

There is growing interest in incorporating this idea into the entrepreneurship education. Several researchers have begun to investigate it. There is a lack of empirical research on social entrepreneurship and higher education, and it’s crucial to understand the lessons students are taking from these types of courses. This article addresses this issue through a case-study of the students’ experiences in a Social Enterprise course at a University in Pakistan.

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