Social Entrepreneurship And Social Innovation - 1502 Words

Social Entrepreneurship The term â€Å"social entrepreneurship† first appeared in the scholarly literature over 35 years ago in a publication titled The Sociology of Social Movements (Banks,1972). However, Social entrepreneurship has its origins in the eighteenth and nineteenth centuries when philanthropic business owners and industrialists like Robert Owen, demonstrated a concern for the welfare of employees by improving their working, schooling and cultural lives. Since then, social entrepreneurship has been associated with community enterprise and development, education, churches, charities, the not-for-profit sector and voluntary organisations. (Shaw Carter, 2007) Dees (1998) defined social entrepreneurship as the production of social value by individuals with: †¢ A mission to create and sustain social value, as change agents in the social sector; †¢ The relentless pursuit of new opportunities to serve that mission; †¢ A commitment to the process of continuous innovation, adaptation, and learning; †¢ The readiness to act boldly without being limited by resources currently in hand; †¢ Heightened accountability to the constituencies served and for the outcomes created (Light, 2009). This definition lays emphasis on the need to produce social value by instilling various behaviours and attitudes on an individualistic level. Dees has accurately defined the exact characteristics of general entrepreneurial behaviour in the definition. I feel that this is the most ideal definition ofShow MoreRelatedResource Based View of Social Entrepreneurship: Puting the Pieces Together813 Words   |  3 Pages The emerging field of social entrepreneurship calls for a need for new integrated theories to contribute to the discipline and help grow the field. Social Entrepreneurship has been a topic of academic interest for the past few decades; however there has been little scholarly output in mainstream journals (Short, Moss, Lumpkin 2009). Social entrepreneurship is commonly defined as â€Å"entrepreneurial activity with an embedded social purpose† (Austin et al. 2006). Social entrepreneurs play a roleRead MoreThe Fight Against Poverty Around The World1394 Words   |  6 Pagesdirection is the social entrepreneurship. The task of the social enterprises is to contribute to the solving of the social problems and promoting of the people s livelihood. Social enterprises provide jobs for hundreds of thousands of people in the various fields: food production, marketing, credit, insurance, and transportation. The social enterprises open a variety of employment opportunities for the peop le with disabilities, marginalized groups, youth, and women. In many countries the social enterprisesRead MoreInnovation and Entrepreneurship in the United Arab Emirates Essay1704 Words   |  7 PagesThere are many social returns that can be gained from the Sougha program. Alleviation of unemployment, women empowerment and the all-important role of preserving indigenous Emirati heritage are just examples of the social impact of Sougha. The program is cognizant of the fact that a large population of Emiratis possesses enormous potential for entrepreneurship but is largely unable to achieve employment. Because of the Sougha program, such individuals are able to access assistance, both materialRead MoreEssay on Can Entrepreneurship Improve Africas Wellbeing Development1628 Words   |  7 PagesCan Entrepreneurship Improve Africa’s Wellbeing Development? Introduction Africa is one of the poorest areas in the world. Data shows that in some countries, poverty reaches unbelievable rates and people live with less than $1 a day (Ngwane 2003). In contrast, in some countries like USA bankers and CEOs earn up to 400 million dollars a year in bonuses and salaries (Enron 2005). On the other hand, entrepreneurship has significantly increased developed countries’ wellbeing in the last century. InRead MoreFactors That Can Promote or Hinder Enterpreneurship1492 Words   |  6 PagesLIST AND EXPLAIN FACTORS THAT CAN PROMOTE OR HINDER ENTREPRENEURSHIP. Entrepreneur: An entrepreneur is a person who starts an enterprise. He searches for change and responds to it. A number of definitions have been given of an entrepreneur- The economists view him as a fourth factor of production along with land labour and capital. To put it very simply an entrepreneur is someone who perceives opportunity, organizes resources needed for exploiting that opportunity and exploits it. Computers, mobileRead MoreEssay On Social Entrepreneurship Among Dalits And Tribes Of India1424 Words   |  6 PagesSOCIAL ENTREPRENEURSHIP AMONG DALITS AND TRIBES OF INDIA: CHALLENGES AND ACHIEVEMENTS RAJESH KUMAR. MD RESEARCH SCHOLAR, DEPARTMENT OF SOCIAL WORK, OSMANIA UNIVERSITY, HYDERABAD, TELANGANA STATE, INDIA . MAIL ID: mdrajeshk@gmail.com MOBILE. NO: +91 9154324766. Abstract Social entrepreneurship promotes the most innovative solutions to the most pressing social problems of a society. The mission behind origin of social enterprises is to bring social change. Social entrepreneurs are considered asRead MoreEnterprise : An Entrepreneur Who Demonstrates Passion, Commitment, Technical Skills And Dedication Essay1436 Words   |  6 Pagesbusiness along with risks to develop and organise a business to turn into profitability in a competitive market. It is the journey towards the innovation and to explore the opportunities to create and run a successful business to withstand in a competitive market. ENTREPRENEURSHIP: Entrepreneurship is a state of mind whereas innovation is the prerequisite of it. An entrepreneur discovers and exploits opportunities, takes risks beyond capabilities, uses intuition explores newRead MoreOpportunities And Threats Of Entrepreneurship1483 Words   |  6 Pagesâ€Å"technological disruption, fluctuating economies or demographical changes† (Toma et al., 2014). Entrepreneurship has gradually gone into the view of the public, as well as scholars, in order to tackle the changing forces (Castaà ±o et al., 2015; Toma et al., 2014). It may positively influence on economic growth due to the entrepreneurial activities it causes. Thus, scholars have shown increasing interest in entrepreneurship (à cset al., 2013; Audretsch et al. 2006; Caree et al., 2010; Harper, 2003; Naudà ©, 2011;Read MoreThe Beginning of Development and Success1822 Words   |  7 Pagestaking the risk in the business. It performs in the role of innovation as the key of dev elopment and success which associates with society, currency, creativity and sustainability. Entrepreneurs also involve in economic development, interacting with suppliers and customers to create a market and variation of the product. The entrepreneurship, innovation and economic development are performing together in the relationship. First, entrepreneurship is action of people who want to start or make new businessRead More What do you understand to be the concept of entrepreneurship and why1626 Words   |  7 PagesWhat do you understand to be the concept of entrepreneurship and why has it become such an important area of focus? Q2) What do you understand to be the concept of entrepreneurship and why has it become such an important area of focus? The concept of entrepreneurship is often viewed as a function, which involves the exploitation of opportunities, which exist within a market. Such exploitation is most commonly associated with the direction and/or combination of productive inputs. Entrepreneurs