{"title":"Developing social entrepreneurship in rural areas: A path mediation framework","authors":"A. Atahau, Cheng-Wen Lee, D. D. Kesa, A. Huruta","doi":"10.1177/02685809221095912","DOIUrl":null,"url":null,"abstract":"Local wisdom is increasingly crucial to preserve rural societies’ self-confidence and solidarity spirits in boosting economic growth. Notwithstanding the success of microfinance groups in East Sumba, Indonesia, the problem related to a small capital base exists. In this respect, adhering to local wisdom likely develops social entrepreneurship to strengthen the microfinance group’s capital base. This research investigates how local wisdom affects social entrepreneurship and microfinance sustainability. Data are collected by distributing questionnaires to microfinance stakeholders and analyzing the partial least squares-structural equation model. The findings show that local wisdom plays an essential role in social entrepreneurship development to ensure the stability of microfinance. In other words, rural microfinance sustainability can perform the mediating role as hypothesized. It implies that policy-making by the local government related to social enterprise development and microfinance sustainability may consider local wisdom. Thus, all stakeholders need to create conducive environments to increase the development of social entrepreneurship.","PeriodicalId":47662,"journal":{"name":"International Sociology","volume":"37 1","pages":"475 - 495"},"PeriodicalIF":1.0000,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Sociology","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1177/02685809221095912","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"SOCIOLOGY","Score":null,"Total":0}
引用次数: 2
Abstract
Local wisdom is increasingly crucial to preserve rural societies’ self-confidence and solidarity spirits in boosting economic growth. Notwithstanding the success of microfinance groups in East Sumba, Indonesia, the problem related to a small capital base exists. In this respect, adhering to local wisdom likely develops social entrepreneurship to strengthen the microfinance group’s capital base. This research investigates how local wisdom affects social entrepreneurship and microfinance sustainability. Data are collected by distributing questionnaires to microfinance stakeholders and analyzing the partial least squares-structural equation model. The findings show that local wisdom plays an essential role in social entrepreneurship development to ensure the stability of microfinance. In other words, rural microfinance sustainability can perform the mediating role as hypothesized. It implies that policy-making by the local government related to social enterprise development and microfinance sustainability may consider local wisdom. Thus, all stakeholders need to create conducive environments to increase the development of social entrepreneurship.
期刊介绍:
Established in 1986 by the International Sociological Association (ISA), International Sociology was one of the first sociological journals to reflect the research interests and voice of the international community of sociologists. This highly ranked peer-reviewed journal publishes contributions from diverse areas of sociology, with a focus on international and comparative approaches. The journal presents innovative theory and empirical approaches, with attention to insights into the sociological imagination that deserve worldwide attention. New ways of interpreting the social world and sociology from an international perspective provide innovative insights into key sociological issues.