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Social Entrepreneurship and Institutional Conditions: An Empirical Analysis in Spain

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Social Entrepreneurship in Non-Profit and Profit Sectors

Part of the book series: International Studies in Entrepreneurship ((ISEN,volume 36))

Abstract

This chapter analyzes the relationship between social entrepreneurship and institutional factors in the Spanish context, using institutional economics as the conceptual framework. To achieve this objective, we use models of logistic regression analysis, and specifically Rare Events Logistic Regression (RELOGIT), based on data from Global Entrepreneurship Monitor (GEM). The main findings demonstrate that informal institutions, such as fear of failure and perception of entrepreneurial skills, and formal institutions, such as access to funding and education, influence social entrepreneurial activity in Spain. Likewise, our data supports that informal institutions are more important than formal ones for promoting social entrepreneurship. The study contributes advancing theory on the field of social entrepreneurship and also could be useful for the design of government policies on the promotion of social entrepreneurial activity.

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Acknowledgments

The authors acknowledge the financial support from projects ECO2013-44027-P (Spanish Ministry of Economy & Competitiveness) and 2014-SGR-1626 (Economy & Knowledge Department—Catalan Government–).

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Authors and Affiliations

  1. Business, Universitat Autonoma de Barcelona, Campus UAB, Building B, Barcelona, 8193, Catalonia, Spain

    David Urbano, Elisabeth Ferri & Maria Noguera

  2. School of Management, Universidad de EAFIT, Carrera 49, 7 sur – 50, Medellín, Antioquia, Colombia

    Claudia Alvarez

Authors
  1. David Urbano
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  2. Elisabeth Ferri
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  3. Claudia Alvarez
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  4. Maria Noguera
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Corresponding author

Correspondence to David Urbano .

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Editors and Affiliations

  1. Departamento de Organizacón de Empresas, Universitat Politècnica de València, Valencia, Spain

    Marta Peris-Ortiz

  2. Ipag Business School, Paris, France

    Frédèric Teulon

  3. Ipag Business School, Paris, France

    Dominique Bonet-Fernandez

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Urbano, D., Ferri, E., Alvarez, C., Noguera, M. (2017). Social Entrepreneurship and Institutional Conditions: An Empirical Analysis in Spain. In: Peris-Ortiz, M., Teulon, F., Bonet-Fernandez, D. (eds) Social Entrepreneurship in Non-Profit and Profit Sectors. International Studies in Entrepreneurship, vol 36. Springer, Cham. https://doi.org/10.1007/978-3-319-50850-4_4

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