Sustainable development of social entrepreneurship: evidence from Vietnam

Abstract

This article delivers a full insight into interrelated concepts of social enterprise, social entrepreneurship and their sustainability issues. Despite the different nature, determinant factors, motivation and purpose, as well as orientation towards sustainable development of commercial and social enterprises (commercial and social entrepreneurship) the results of analysis show that both form of entrepreneurship could stay together to successfully bridge social capital leading to the development of both forms of entrepreneurial activities. Using extensive conceptual analysis as an adopted methodology for the study, together with carried out original research in Vietnam on entrepreneurship in the largest megacities and in the far-off local areas (countryside), the article revealed a predominant kind of entrepreneurship in each of two distinctive zones. Finally, the article proposed several solutions to enhance social and commercial entrepreneurship in the countryside; to strengthen their mutual support, to promote their synergy effect and expansion for the purpose of sustainable development.