Impact of Social Entrepreneurship on Socio Economic Development and Employment Development in Khyber Pakhtunkhwa

Abstract

This study examines the impact of social entrepreneurship on socio-economic development and employment development. This research followed a cross sectional, quantitative research design and survey research methodology which was undertaken in the Khyber Pakhtunkhwa Pakistan. For sampling Snowball sampling technique was used. Thus, by Andre 2022 sampling formula total sample size of 384 social entrepreneurs were selected from unknown population in province Khyber Pakhtunkhwa Pakistan. The obtained data from the questionnaires were examined through Smart PLS4 and SPSS software version 21. A Self-administrated questionnaire was used for the measurement items. The face validity of questionnaires was confirmed by expert. The Cronbach's alpha coefficient value for social entrepreneurship (.837), socio economic development (.914) and employment development (.886) for all items indicated high reliability of questionnaires. The results of the research study have shown a significant and positive association among social entrepreneurship and socio-economic development and employment development.  The outcomes of the current study have some practical implication and precious and valuable suggestions for social entrepreneurs to understand the status and as well as relationship of social entrepreneurship with socio economic development and employment development particularly in the Province Khyber Pakhtunkhwa, Pakistan.

Keywords: Social entrepreneurship, Socio economic development, Employment development