Social Innovation and Social Entrepreneurship as Mediators of the Relationship between Social Capital and Income Level Of B40 Households

Authors

  • Syahrin Suhaimee Malaysian Agricultural Research and Development Institute
  • Mohd Azlan Shah Zaidi Universiti Kebangsaan Malaysia
  • Mohd Adib Ismail Universiti Kebangsaan Malaysia
  • Noorasiah Sulaiman Universiti Kebangsaan Malaysia

DOI:

https://doi.org/10.33736/ijbs.3297.2020

Abstract

This study examines the role of social capital in improving the B40 household income, where social innovation and social entrepreneurship act as mediators. Past studies provided a limited explanation of the role of social innovation and social entrepreneurship in describing the relationship between social capital and income. The study involved 304 respondents selected through purposive sampling. Using a Partial Least Square Structural Equation Model, the findings showed that social capital factors in all dimensions influence social innovation and social entrepreneurship. Social networks and social responsibility are essential social capitals for increasing social innovation and social entrepreneurship. The findings imply that social entrepreneurship should be empowered to effectively strengthen its role in boosting the B40 household income. Social capital development with an emphasis on social innovation and social entrepreneurship is expected to create an innovative society that can reduce income inequality and enhance well-being of the B40 households.

Published

2020-07-21

How to Cite

Syahrin Suhaimee, Mohd Azlan Shah Zaidi, Mohd Adib Ismail, & Noorasiah Sulaiman. (2020). Social Innovation and Social Entrepreneurship as Mediators of the Relationship between Social Capital and Income Level Of B40 Households. International Journal of Business and Society, 21(2), 837–856. https://doi.org/10.33736/ijbs.3297.2020