TY - JOUR
T1 - Public versus private interest in social entrepreneurship
T2 - Can one serve two masters?
AU - Chandra, Yanto
AU - Man Lee, Erica Kim
AU - Tjiptono, Fandy
N1 - Funding Information:
This research benefitted from the Hong Kong’s Research Grants Council General Research Fund (GRF Project Number: 11675716 ).
Funding Information:
This research benefitted from the Hong Kong's Research Grants Council General Research Fund (GRF Project Number: 11675716).
Publisher Copyright:
© 2020 Elsevier Ltd
PY - 2021/1/20
Y1 - 2021/1/20
N2 - Social entrepreneurship is an important policy tool for addressing social and environmental problems. Social entrepreneurship has also gained popularity as a career choice among younger people, including millennials. However, few studies have examined the predictors of intention to engage in social entrepreneurship as a means of both creating public good and serving one's own interests. This article seeks to answer the important question of what drives social entrepreneurial intention. Conceptualizing social entrepreneurship as a public- and private-value response to sustainability challenges, a set of hypotheses regarding the association between public service motivation, money ethics and intention to initiate social entrepreneurship were tested using survey data from 662 millennials in Indonesia. Structural equation modeling and multiple regressions revealed that both public service motivation and money ethics had direct and indirect effects on intention to engage in social entrepreneurship. Public service motivation was a stronger predictor of intention than money ethics were.
AB - Social entrepreneurship is an important policy tool for addressing social and environmental problems. Social entrepreneurship has also gained popularity as a career choice among younger people, including millennials. However, few studies have examined the predictors of intention to engage in social entrepreneurship as a means of both creating public good and serving one's own interests. This article seeks to answer the important question of what drives social entrepreneurial intention. Conceptualizing social entrepreneurship as a public- and private-value response to sustainability challenges, a set of hypotheses regarding the association between public service motivation, money ethics and intention to initiate social entrepreneurship were tested using survey data from 662 millennials in Indonesia. Structural equation modeling and multiple regressions revealed that both public service motivation and money ethics had direct and indirect effects on intention to engage in social entrepreneurship. Public service motivation was a stronger predictor of intention than money ethics were.
KW - Entrepreneurial self efficacy
KW - Millennial
KW - Money ethics
KW - Public service motivation
KW - Social entrepreneurial intention
UR - http://www.scopus.com/inward/record.url?scp=85092428985&partnerID=8YFLogxK
U2 - 10.1016/j.jclepro.2020.124499
DO - 10.1016/j.jclepro.2020.124499
M3 - Journal article
AN - SCOPUS:85092428985
SN - 0959-6526
VL - 280
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
M1 - 124499
ER -
