Understanding Social Entrepreneurship in the African Context: An Exploratory Review of Evidence From Nigeria

Bamidele Wale-Oshinowo, Chijioke Uba, Mercy Adeyeye, Ayotunle Omobowale

Research output: Contribution to Book/ReportChapterpeer-review

Abstract

Social enterprises are organizations created with the aim of applying entrepreneurial skills and innovations to solving social problems. They are managed by individuals who combine pragmatic and result-oriented methods of a business entrepreneur with the goals of a social reformer. Such enterprises combine resources in innovative ways to create social value in and for the society. However, social enterprises may face challenges that impact their ability to accomplish social goals. For instance, when confronted with the harsh realities of economic recession, teaming poor population, and the need to profit for social intervention, social enterprises existing in hostile economic environment in developing countries may face possibilities of shutdown. This chapter examines the concept of social entrepreneurship in a subsisting economy in Africa. Specifically, it draws from relevant primary and secondary data to explore the nature of social entrepreneurship in the Nigeria context and the potential role that social entrepreneurship can play in addressing social problems.
Original languageEnglish
Title of host publicationHandbook of Research on Value Creation for Small and Micro Social Enterprises
EditorsChi Maher
PublisherIGI Global
Chapter10
Pages188-206
Number of pages19
ISBN (Electronic)9781522562993
ISBN (Print)9781522562986, 1522562982
DOIs
Publication statusPublished - 2019

Keywords

  • Entrepreneurship
  • Social Entrepreneurship
  • Africa
  • Nigeria
  • Social Problems
  • Poverty
  • Small Business
  • Innovation
  • Developing Countries

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