Article2015

Evaluation of social enterprise outcomes and self-efficacy

76 citations0/0 files storedInternational Journal of Social Economics

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Entrepreneurship Studies and Influences Innovation and Socioeconomic Development Community Development and Social Impact

Abstract

Purpose – Understanding of social values is emerging, particularly as the phrases “social impact” and “social value” and the measurement thereof, are ubiquitous in both practitioner and academic discourse today. These terms are particularly relevant to those involved in social initiatives that are required at some stage to demonstrate to stakeholders, investors, funders, or simply themselves that they have the capability to deliver. The purpose of this paper is to link the evaluation of social enterprise outcomes to individual efficacy beliefs. Design/methodology/approach – The study is survey based (165 respondents) and conducted in two major cities in South Africa, where social entrepreneurship (SE) has unequivocal application. Social outcomes and self-efficacy are operationalized and measured along multi-dimensional scales. After checking the instruments for validity and reliability, correlational and multiple regression analyses are performed to determine the predicted relationship between the specified variables. Findings – Empirical findings reveal that evaluation of social enterprise outcomes is associated with higher levels of self-efficacy. Significant results support the propositions that perceptions of capability are positively related to implementing a social vision, sustainability, social networking, innovativeness and financial returns. Research limitations/implications – The main implications of this study are that measuring SE efficacy in advance of funding may indicate probability of venture success. Originality/value – The study is one of the first to provide a much needed account of the evaluation of social enterprises in relation to self-efficacy in an emerging market context.

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References

1999Self-Efficacy: The Exercise of Control 1985Social Foundations of Thought and Action : A Social Cognitive Theory 2001Social Cognitive Theory: An Agentic Perspective 1979Review of Psychometric theory (2nd ed.).2005Social entrepreneurship research: A source of explanation, prediction, and delight 1998Self-efficacy and work-related performance: A meta-analysis.2012The Practice of Management 2001Validation of a New General Self-Efficacy Scale

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2018Self-efficacy and emotional intelligence 2017Knowledge management activities in social enterprises: lessons for small and non-profit firms 2018Social enterprises and organizational learning in South Africa 2023Social Entrepreneurship and Social Capital: A Review of Impact Research 2019The mediating effect of self-efficacy on the relationship between moral judgement, empathy and social opportunity recognition in South Africa 2019Determinants of social entrepreneurial intentions for educational programs

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