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Social entrepreneurship is a form of entrepreneurship that marries a social mission to a competitive value proposition. Notably, social entrepreneurship fosters a more equitable society by addressing social issues and trying to achieve an ongoing sustainable impact through a social mission rather than purely profit maximization. The topic of social entrepreneurship has appealed considerably to many different streams of research. The focus on understanding how and why entrepreneurs think and act is a significant justification for future research. Nevertheless, the theoretical examination of this phenomenon is in its infancy. Social entrepreneurship research is still largely phenomenon-driven. Specifically, Social Entrepreneurial Intention is in an early stage and lacks quantitative research. Therefore, this thesis proposes to address this need. The thesis’ objectives are twofold: (1) develop a formation model for Social Entrepreneurial Intentions in general and (2) test the model by conducting an empirical study. Based on these objectives, the two research questions guiding the thesis are (1) what factors influence the intention of a person to become a social entrepreneur and (2) what relationships exist among these factors.
In order to answer these two research questions, this thesis uses purposeful research design, which is a combination of literature review and empirical study. The literature review is based on a comprehensive range of books, articles, and research papers published in leading academic journals and conference proceedings in different disciplines such as entrepreneurship, social entrepreneurship, entrepreneurship education, management, social psychology, and social economics. The empirical study is conducted via a survey of 600 last-year students from four universities in three regions in Vietnam: Hanoi, Da Nang, and Ho Chi Minh. The data are analyzed with SPSS-AMOS version 24, using screening data, scale development, exploratory factor analysis, and confirmation factor analysis. The thesis ascertains that Entrepreneurship Experience/Extra-curricular Activity, Role Model, Social Entrepreneurial Self-Efficacy, and Social Entrepreneurial Outcome Expectation directly and positively affect the intention of the Vietnamese students to be social entrepreneurs. Entrepreneurship Education also influences the Social Entrepreneurial Intention, but not directly, otherwise indirectly via Social Entrepreneurial Self-Efficacy and Social Entrepreneurial Outcome Expectation. Similarly, Perceived Support has no direct relationship to Social Entrepreneurial Intention; however, it shows an indirect link via the mediator ‘Social Entrepreneurial Outcome Expectation’. Furthermore, the dissertation brings new insights to the social entrepreneurship literature and provides important implications for practice. Limitations and future directions are also provided in the thesis.