University social entrepreneurship as a development strategy for people, communities and territories

Abstract

Entrepreneurship openness in a community implies its involvement and granting it equity in decision-making, incorporating it into the social productive sector in a strategic vision of empowerment. This premise leads to a sustained interest in the implementation and development of university social entrepreneurship as a vital strategy for the growth of individuals, communities, and territories. For this purpose, a mixed research approach and a sequential, staged model were used to build the relationship between local community development processes, using interviews and axioms. The results highlight that educating, promoting, and fostering a community and university entrepreneurial culture are actions related to business opportunities, creativity, innovation, and knowledge management in a given locality. Likewise, the conclusions and reflections obtained underscore the pressing need to establish coherent budgets that serve as a development path, for the execution of actions and projects that strengthen educational scenarios and, in turn, promote an entrepreneurial culture, because it is the empowerment processes that lead to university social entrepreneurship, which still have ample room for improvement.