Role of Social Entrepreneurship in Supporting Business Opportunities and Entrepreneurship Competitiveness

摘要

The negative impacts of Covid-19 pandemic are felt greater than the positive ones. These negative impacts may make settlement of main economic development problems in Indonesia more difficult. The purpose of this research is to explain the important role of social entrepreneurship factor in encouraging business opportunities which may then increase economic growth, sustainable competitiveness and prosperity. Achieving this explanation requires primary micro-fundamental data from home business players in DIY and Central Java provinces. For the explanation, it employs a multiple path analysis with correlational recursive model. The research result shows that social entrepreneurship factor is able to enhance the opportunities higher than human capital and new product factors. However, despite positive and significant, the role of social entrepreneurship and business opportunities in encouraging competitiveness is still low compared to the role of new product which may be produced and the role of key factor, human capital. The implication of the recommended policy is that it still requires economy regulation to encourage the role of social entrepreneurial culture more extensively and comprehensively.