The Predictive Power of Human Resource Practices in Developing Social Entrepreneurship Performance and Sustainable Business

Abstract

Purpose: Developing social entrepreneurship performance and sustainability in business is the major of every organization. The present study explores the predictive power of human resource practices in developing social entrepreneurship performance and sustainable business among small and medium-sized enterprises (SMEs) in Egypt. Design/Methodology/ Approach: Quantitative methods were employed to identify this issue by collecting data from employees working in Small and Medium-sized Enterprises (SMEs) in Egypt. Ultimately, a total of 278 samples were employed to obtain the findings. Findings: We applied the analysis of moment structures (AMOS) version 26.0 to get the results. The findings suggest a significant positive effect of training and recruitment on social entrepreneurship performance and sustainable business among employees of SMEs in Egypt. Research, practical and social implications: The study's contribution involves strategically aligning human resource practices with social entrepreneurship goals and focusing on measuring, reporting, and improving social impact through stakeholder collaboration. This approach can contribute to developing sustainable business models that integrate financial success with a positive social and environmental footprint. Originality/ value: This study addresses the gaps in the empirical evaluation of the effect of human resource practices such as training and recruitment on social entrepreneurship performance and sustainable business among employees of Egyptian SMEs.