Browsing by Author "Bandara, M. M. T. D. T."

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    Exploring the Barriers and Challenges of Social Entrepreneurship in Sri Lanka; in the Good Market
    (Department of Finance, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2025) Bandara, M. M. T. D. T.; Abeysekera, R.
    Introduction: This study aims to explore social entrepreneurs in Sri Lanka with special reference to the Good Market. Specifically, it seeks to understand the impact of three factors: success factors, challenges and barriers, and sustainability factors on social entrepreneurs in good markets (triple bottom line). By delving into these dimensions, the study aims to provide a clear understanding of the complex interplay between these factors and social entrepreneurship in the good market. Methodology: The study takes a qualitative-inductive approach using semi-structured interviews with 10 social entrepreneurs from different types of businesses in the Good Market. The study method uses purposive sampling methods, collecting data through direct interviews and then analyzing it using thematic analysis. Findings: This study reveals that the success factors of social giving (skill development and knowledge acquisition, support system, experience and expertise, self-motivation), challenges and barriers (financial challenges, market and trade barriers, communication challenges, operational challenges), and sustainable factors (product excellence, sustainable practices, financial management, social responsibility, and employee development) positively and negatively influence social entrepreneurs in the Good Market. This article also incorporates new findings that can be categorized under the three factors mentioned above, focusing on the responses of social entrepreneurs. Conclusion: The findings of this study provide a comprehensive understanding of the Sri Lankan Good Market social entrepreneurs. The study highlights the barriers faced by social entrepreneurs and identifies enabling factors for success. Removing the barriers faced by social entrepreneurs can promote sustainability and have long-term impacts on the country’s economic growth and society. These findings provide a wealth of knowledge for stakeholders and policymakers interested in social entrepreneurship in developing countries like Sri Lanka.