International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Social entrepreneurship and covid-19: managing the crisis

Author(s): Mir Shahid Satar, Ghadah Alarifi

COVID-19 resulted in a formidable health pandemic that not only led to a massive health crisis but also altered the current social, cultural, and economic systems across the globe. Nevertheless, while the crisis posed massive challenges with unprecedented social norms, it simultaneously unrevealed lessons for more entrepreneurial approaches entailing social innovations. The social innovations through S-ENT have assumed the potential to curtail such situations and create more positive social values. This article aims to understand how social entrepreneurship (S-ENT) as a tool for social innovation can be leveraged for problem-solving in crises like Covid-19. We review the appropriate aspects of the S-ENT phenomenon to illustrate their relevance in the crisis management context. The article identifies the main social entrepreneurial aspects of collaborative social value creation, social enterprise business models, networking as well value creation through digital collaboration as strategically suited to cope with the crisis emerging from COVID-19 or other such catastrophes. The article thus attempts to respond to the ongoing need for innovative approaches for crisis management while simultaneously illuminating the frontiers of the S-ENT phenomenon. This has scope for deriving the research prepositions for future research exploration. Therefore, the article is intended to aid the management, business, and entrepreneurship scholars and practitioners as well as the other stakeholders of the S-ENT ecosystem to stimulate the value-driven crisis management approaches that essentially integrate the S-ENT perspective.

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