Central European Business Review 2017, 6(4):45-61 | DOI: 10.18267/j.cebr.190

Comparing Entrepreneurial Passion of Social and Commercial Entrepreneurs in the Czech Republic

Tamar Balgiashvili
Faculty of Business Administration, University of Economics, Prague, Prague nam. W. Churchilla 4, 130 67, Prague 3, Czech Republic, xbalt10@vse.cz

Social Entrepreneurship has become a buzzword due to the exponentially rising number of scientific works devoted to this topic. The prevalent part of the research focuses on the social side of the venture, while the other equally important entrepreneurial side is still in the shadows. Can it be that social entrepreneurs do not value the entrepreneurial aspect (inventing, founding and developing) of social entrepreneurship and are engaged in these activities merely because of other goals and passions (for example “helping”, “social welfare” etc.)? This research conducted in Entrepreneurial passion, aims to identify the differences within the domain of inventing, founding and developing passion among social and commercial entrepreneurs. The paper also aims to find out if the cliché about the social cause being the only force that moves social entrepreneurs is right. The primary data was collected among 87 social and 119 commercial entrepreneurs. The Welch`s t-test and the Mann-Whitney-Wilcoxon test were applied. As a result, no statistically significant differences were found in any of the mentioned aspects (Inventing, founding and developing) of entrepreneurial passion of social and commercial entrepreneurs.

Keywords: Social Entrepreneurship; entrepreneurship; entrepreneurial passion
JEL classification: D90, M21, O35

Received: June 15, 2017; Revised: December 2, 2017; Published: December 31, 2017  Show citation

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Balgiashvili, T. (2017). Comparing Entrepreneurial Passion of Social and Commercial Entrepreneurs in the Czech Republic. Central European Business Review, 6(4), 45-61. doi: 10.18267/j.cebr.190
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