Creating social entrepreneurship value for economic development

  • 274 Views
  • 62 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

This study studies social entrepreneurial competencies, social values, and transformational leadership. They are a requirement during the COVID-19 pandemic. It arises to find out the effect of social entrepreneurship on social values and the influence of transformational leadership in memorizing the influence of social entrepreneurship on social values with a total of 200 respondents as social entrepreneurship leaders who have been announced in Indonesia. This study uses a quantitative method with a structural equation model (SEM) analysis tool in AMOS software. SEM analysis in this study uses the moderating SEM method with a mixed-methods approach. Data analysis has been carried out through data processing. The values obtained mean that higher social entrepreneurship will increase social value by 9.4%; if transformational leadership increases, a significance value of 0.85 is obtained. This value is greater than 0.05. It is proved that the role of social entrepreneurship fosters innovative abilities, proactive development, and the courage to take risks for the people in Indonesia and the impact of social values fosters social recognition, responsibility, and contribution to the economy with attitudes with potential transformational leadership behaviors as well as inspirational motivation, intellectual stimulation, and consideration of the community.

Acknowledgments
The author appreciates the contribution of all co-authors in preparing the data set.

view full abstract hide full abstract
    • Figure 1. Research model
    • Figure 2. Path diagram of social entrepreneurship
    • Figure 3. Path diagram of social value
    • Figure 4. Path diagram of transformational leadership
    • Figure 5. Moderating SEM analysis with a mixed-method approach
    • Table 1. Validity of loading factor and significance of social entrepreneurship
    • Table 2. Validity of loading factor and significance of social value
    • Table 3. Validity of loading factor and significance of transformational leadership
    • Table 4. Normality test
    • Table 5. Hypothesis testing
    • Table 6. The goodness of fit test
    • Conceptualization
      Yogi Yunanto, Fendy Suhariadi, Praptini Yulianti
    • Data curation
      Yogi Yunanto, Wiwiek Andajani, Subagyo
    • Formal Analysis
      Yogi Yunanto, Fendy Suhariadi
    • Investigation
      Yogi Yunanto, Wiwiek Andajani, Subagyo
    • Methodology
      Yogi Yunanto, Fendy Suhariadi, Praptini Yulianti
    • Project administration
      Yogi Yunanto
    • Resources
      Yogi Yunanto
    • Writing – original draft
      Yogi Yunanto, Fendy Suhariadi, Praptini Yulianti
    • Writing – review & editing
      Yogi Yunanto, Wiwiek Andajani, Subagyo
    • Supervision
      Fendy Suhariadi
    • Validation
      Praptini Yulianti