International Journal of Membrane Science and Technology, 2023, Vol. 10, No. 2, pp. 1066-1082 1066 An Identity Capital Model Perspective for Social Entrepreneurship Education Mohammad Syairozi Dimyathi Ilyas 1 , Aida Humaira 2 , Nurul Adhha 3 , Suryaneta 4* 1,2 State Islamic University Syarif Hidayatullah Jakarta, Indonesia. 3,4 Institut Teknologi Sumatera, Lampung, Indonesia. E-mail: syairozi.dimyathi@uinjkt.ac.id Abstracts: Previous research has highlighted the primary objective of social entrepreneurship as balancing social and commercial purposes. Social entrepreneurs face significant challenges in managing their ventures, and there is a pressing need to equip students with the necessary knowledge and skills to overcome these challenges through social entrepreneurship education. To address this need, the authors propose a curriculum matrix based on the Identity Capital Model to aid students in achieving social entrepreneurship objectives while incorporating the principles of innovation and sustainability. The proposed curriculum matrix was developed based on data collected through semi-structured interviews with successful youth social entrepreneurs. The sample size was determined using data saturation. The authors analyzed the backgrounds, personal experiences, motivations, and difficulties encountered by participants in launching and operating their social enterprises using the Narrative Analysis Theory of William Labov and Joshua Waletzky. The Identity Capital Model was used as a theoretical framework to identify the key factors contributing to the success of youth social entrepreneurs. Keywords: Curriculum matrix, Identity capital model, Narrative analysis theory, Social entrepreneurship education, Youth social entrepreneur. 1. INTRODUCTION In recent years, social entrepreneurship has garnered widespread interest from scholars, policymakers, practitioners, and the media due to its potential to address pressing societal issues and leverage available resources for social benefit (Dacin et al., 2010; Santos, 2012; Zahra et al., 2009). The size and impact of the social entrepreneurship sector are determined by its capacity to tackle existing social challenges and promote positive social and environmental outcomes at the individual, group, and community levels (Amin, 2009; Wilson, 2012). Notably, social entrepreneurs differ from traditional entrepreneurs in their focus on providing remedial services, addressing social problems, and improving overall social welfare. Unlike traditional commercial companies, social entrepreneurs incorporate social objectives directly into their business model, rather than addressing social issues as an afterthought through philanthropic actions or Corporate Social Responsibility (CSR) programs (Ridley-Duff, 2008; Seelos & Mair, 2005; Tykkyläinen & Ritala, 2021; Yang & Wu, 2016). While commercial enterprises focus primarily on maximizing profits and profitability, social entrepreneurship aims to achieve social benefits alongside financial gains to ensure long-term business sustainability (Siqueira et al., 2018). Typically, financial returns are used to evaluate the performance of businesses. In contrast, social entrepreneurs frequently concentrate solely on particular opportunities, then devise them so that social and economic objectives can be pursued concurrently (Zahra et al., 2008). The concept of social enterprise has been around since the 1970s in England, providing an alternative to traditional commercial business models such as private companies, cooperatives, and state-owned companies (Battilana & Lee, 2014; Becker et al., 2017). Although social enterprises share some similarities in terms of their social impact with charitable institutions, they aim to make a profit like traditional businesses (Shaw & Carter, 2007; Yunus et al., 2010). Figure 1 illustrates a spectrum of business organizations that can be studied to understand their differences. Investors often fund social entrepreneurship, and the term "impact investment" has been coined to describe this type of funding, which emphasizes both profit and social impact.