September 18, 2025Schmalenbach Journal of Business ResearchOpen Access

Impact Entrepreneurship: Reimagining Entrepreneurial Purpose and Research for Driving Societal Impact

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Impact entrepreneurship emphasizes addressing societal and ecological challenges while generating profit, aiming for a balance between economic success and positive impact.
Shifting from profit to impact involves redefining value creation strategies, moving focus from market gains to solutions for pressing global challenges.
Research in impact entrepreneurship needs to balance methodological rigor with active engagement, ensuring knowledge translates into inclusive, collaborative practices.
Fostering purpose-driven innovation requires evolving entrepreneurial education and ecosystems to promote sustainable practices effectively.

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Implication

Discussion explores how shifting focus from profit to impact in entrepreneurship addresses societal challenges, suggesting new approaches to value and research involvement.

Cite This Study

Vogel et al. (2025) studied this question.

synapsesocial.com/papers/68d435cf713b0b5dfea74e2a https://doi.org/10.1007/s41471-025-00221-w

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Implication

Discussion explores how shifting focus from profit to impact in entrepreneurship addresses societal challenges, suggesting new approaches to value and research involvement.

Impact Entrepreneurship: Reimagining Entrepreneurial Purpose and Research for Driving Societal Impact

Key Points

Discussion

Implication

Cite This Study

Impact Entrepreneurship: Reimagining Entrepreneurial Purpose and Research for Driving Societal Impact

Key Points

Discussion

Implication

Cite This Study