Exploring the Factors that Shape the Intentions of Namibian Youths Towards Social Entrepreneurship

Abstract

This study investigates the factors influencing social entrepreneurial intentions among youth in Namibia and explores their relationship with social entrepreneurship. The research adopts a qualitative and quantitative approach. Data was collected through google form which was sent via Namibian WhatsApp group in India. 69 students participated in the study, where 42 were females and 22 males. The data are analysed using factor analysis and regression analysis. The findings show that among young Namibians, self-efficacy and prior experience are major predictors of social entrepreneurship goals. In addition, when asked about the obstacles preventing them from launching social initiatives, respondents stated that 68% cited restricted access to cash as the key barrier, 7% mentioned a lack of self-esteem and competence in the area of social entrepreneurship, and 4% mentioned a lack of support networks. These findings offer valuable insights into the primary factors influencing social entrepreneurship in the Namibian context, providing guidance for policymakers and practitioners aiming to promote social entrepreneurship among youth. Additionally, the study recommends that higher education institutions incorporate social entrepreneurship into their curricula across various subjects. By providing insights to educators, policymakers, and youth, this research underscores the positive impact of social entrepreneurship on communities, contributes to the ongoing discourse, and raises awareness about social entrepreneurship among young individuals.