Social entrepreneurship (SE) uses entrepreneurial techniques and commercial principles to address social, environmental, or community concerns. Social Entrepreneurs (SEs) aim to make a positive and long-lasting social impact rather than focusing just on financial gains. Entrepreneurs evaluate social problems, develop original answers, and present initiatives that might advance society. The evolution of social values for its beneficiaries is the goal of SE, a new kind of entrepreneurship that may be for-profit or nonprofit. Although necessary for achieving their societal goals, SEs' assets to maintain Mental Well-Being (MWB) remain unrecognized. In recent years, a study has revealed significant findings on the emergence of SE and its goals or environmental elements that encourage SE activity. This research employs a psychological perspective and demonstrates four asset categories (work structure, individuality, secondary assistance, and providing societal force), combines these, and then performs an empirical analysis of their capacity to forecast MWB for specialized and general professions. This research focuses on a group of SEs from Indian regions using Structural Equation Modeling (SEM), and we find that SEs positively affect the MWB in all resource areas. Additionally, there are variances in the amounts and operating principles of the MWB assets used by for-profit and nonprofit SEs. This strategy offers the first conceptual framework revealing MWB assets to SEs; it might be the starting point for further research and assistance Initiatives that continue to promote SEs' MWB despite significant limitations like utilizing restricted sample generalization and cross-sectional information.
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Ghumman et al. (2024) studied this question.
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