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A Study on Process of Entrepreneurial Teams Participate in Social Entrepreneurship Competition
The social entrepreneurship has become the focus of entrepreneurship across the world in recent years. In order to develop talents for social entrepreneurship, the public, academia and private sectors attract talents to the social entrepreneurship sector through various ways, and social entrepreneurship competitions are the most common. Most studies on social entrepreneurship investigated the motivations in terms of personality traits and policy backgrounds, leaving an opening in academia in the lack of discussion in terms of social entrepreneurship competitions as a result. This study investigated the motivation and process of participation in social entrepreneurship competitions and the engagement in social entrepreneurship of entrepreneurship teams by means of case study in qualitative research, with two student social entrepreneurship teams and two non-student social entrepreneurship teams as samples. This study also investigated the substantial benefits and effects of social entrepreneurship competitions for and on the process of social entrepreneurship. This study found that participation in social entrepreneurship competitions plays a decisive role in entrepreneurship teams. Putting theory into practice and contributing to society are the motivations motivating student entrepreneurship teams to participate in social entrepreneurship competitions. In the competition process, students develop deep involvement in the competition project, establish a strong sense of mission for society, and realize the need to continue the plan to resolve social problems. The substantial benefits that student entrepreneurship teams gained from social entrepreneurship competitions include the innovation of value-adding effect in the gatekeeping mechanism, high entrepreneurship prizes, entrepreneurship guidance and consultation, and entrepreneurship training activities. These benefits provide innovation and incubation resources for student entrepreneurship teams without much social experience, which are essential to motivate their future engagement in social enterprises. To non-student entrepreneurship teams, gathering resources, obtaining an opportunity to review and clarify their organizational goals, learning valuable experience and stimulating different types of creativity through the interaction with the judges and other teams, and developing important social networking in the process of competition for them to expand and grow their business are the major goals.
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