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What is Social Welfare

Handbook of Research on Smart Territories and Entrepreneurial Ecosystems for Social Innovation and Sustainable Growth
It is created when at least one person is better, as long as their environment is not affected or maybe can prosper.
Published in Chapter:
Are There Really Differences Between Social and Commercial Entrepreneurship in Developing Countries?: An Institutional Approach
Luis F. Hidalgo (Universitat Autonoma de Barcelona, Spain), Josep Rialp (Universitat Autonoma de Barcelona, Spain), and David Urbano (Universitat Autonoma de Barcelona, Spain)
DOI: 10.4018/978-1-7998-2097-0.ch017
Abstract
The objective of this chapter is to determine the probability of starting social or commercial entrepreneurship in developing countries using the institutional approach as the theoretical framework. The study tests the hypotheses through a binomial logistic regression based on a sample of 10,598 entrepreneurs obtained from the Global Entrepreneurship Monitor (GEM). The main findings demonstrate that a higher level of education (formal institution) and a positive perception of personal values (informal institution) increase the probability of being a social entrepreneur. Also, the study shows that the interaction between informal institutions causes changes in the likelihood of being a social or commercial entrepreneur. This research advances the discipline by providing new information on the institutional environmental factors that influence social entrepreneurial activity.
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More Results
Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India
Social welfare is discussed in the field of welfare economics, a branch of economics that uses microeconomic techniques to evaluate well-being at the aggregate level. A typical methodology begins with the derivation of a social welfare function, which can then be used to rank economically feasible allocations of resources in terms of the social welfare they entail. Such functions typically include measures of economic efficiency and equity, though more recent attempts to quantify social welfare have included a broader range of measures including economic freedom.
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Critical Issues Surrounding Competency-Based Education in the Digital Age: The “Wickedness Narrative of the Problem”
The social welfare definition is broad and includes many programs that are designed to help people in need of goods and services that they are unable to provide for themselves. Local, state, and federal government programs are available for such arrangements.
Full Text Chapter Download: US $37.50 Add to Cart
Full Text Chapter Download: US $37.50 Add to Cart
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