ABSTRACT

Sustainable development is viewed from various perspectives including economic, social, environmental, and ecological. Hence, there are diverse views on sustainable development, and some of these are contested. This chapter examines the role of serial social entrepreneurship in sustainable development. Social entrepreneurship is viewed as an innovative, social value-creating activity by integrating various elements such as the people, the context, the opportunity, capital, and social value creation. Over the past decades, social entrepreneurship has created a wave of optimism among the policymakers, practitioners, pro-poor advocates, and sustainability professionals to address the complex nature of problems in social development. The literature on serial social entrepreneurship emphasises the emergence of new entrepreneurial opportunities, arguing that some people are better able than others to identify and exploit these opportunities. Researchers agree that as human capital associates business experience with economic returns in entrepreneurship, serial entrepreneurs can perform better since they learn from their past venturing experience. Drawing insights from one of the cases in serial social entrepreneurship, this chapter shows that serial entrepreneurship can address some of the most pressing development challenges at the grassroots, making development more inclusive and sustainable.