Social Impacts of Entrepreneurs’ Activities on the Community

Abstract

Entrepreneurial activities are believed to generate not only economic but also social impacts for their regions. Despite the growing focus on the social impacts of entrepreneurship, the mechanisms through which these impacts are produced remain unclear. This study aims to elucidate the process by which entrepreneurs contribute social impacts to their communities. I propose a four-step model detailing how entrepreneurs generate social impacts and establish relationships with local stakeholders. Through interviews with three entrepreneurs, we identified a specific process and a spiral-up cycle. Understanding this process and cycle can clarify the connection between entrepreneurial activities and regional development, offering valuable insights for promoting tourism.