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Social entrepreneurship signals the imperative to drive social change, and it is that potential payoff, with its lasting, transformational benefit to society, that sets the field and its practitioners apart. This review work will focus on the advantages and disadvantages of social entrepreneurship in the society today.
- Abstract
- Introduction
- Background literature review
- The meaning of social entrepreneurship to different people
- Social Entrepreneurship’s stand from the view point of the modern society
- Modelling social entrepreneurship
- The process of social entrepreneurship
- Boundaries of social entrepreneurship
- Conclusion
- Funding
- Competing interests
Social entrepreneurship is gradually becoming a crucial element in the worldwide discussion on volunteerism and civic commitment. It interleaves the passion of a common cause with industrial ethics and is notable and different from the present other types of entrepreneurship models due to its quest for mission associated influence. The previous few...
There is an overall growing significant attention focused on the subject of entrepreneurship from the past few years owing chiefly to the findings and realization by economic analysts throughout the world that small firms contribute substantially to the greater economic development and vitality of any society or country at large. Besides, many peop...
Granovetter (1985) concluded that economic activities take place within a social context and consequently a firm’s economic activities are affected by the cultural context in which it is rooted. Social entrepreneurship can be mapped to business entrepreneurship in one way, of which opportunity identification is one of the major components of the de...
On the most elementary level, there’s something intrinsically fascinating and appealing about entrepreneurs and the incredible stories of why and how they do what they do. People are enthralled by social entrepreneurs like Nobel Peace Prize Laureate Muhammad Yunus (Grameen Bank) for many of the same reasons that they find business entrepreneurs lik...
Social entrepreneurs are like the catalysts for society just in the same way as entrepre-neurs change the face of business. Social entrepreneurship consists of improvising sys-tems, devising new approaches, grasping opportunities others miss and generating solutions to change society for the better. Several parameters differentiate social entre-pre...
Business models pave a useful path and are effective tools for corporate decision-makers to capture information, analyse situations and make decisions in order to create competitive advantages for enterprises. Nevertheless, with more competition and less market capacity, traditional businesses face many challenges. There are numerous opinions about...
We can identify two coinciding and possibly contradictory conceptions of social entre-preneurship. The first element emphasizes on social outcomes, social change and social impact which puts the significance in social results of the activity. Other elements in the literature emphasizes on generating revenue and a surplus and on demonstrating busine...
In defining social entrepreneurship, it is also important to establish boundaries and provide examples of activities that may be highly admirable but do not fit in the definition. Failing to identify boundaries would leave the term social entrepreneurship so wide open as to be essentially meaningless. There are two primary forms of socially valuabl...
Social entrepreneurship has evolved a lot in a very little span of time and is accompanied in government institutions, organizations and NPOs. This paper has tried to provide a frame-work to fit a venture into social entrepreneurship which of course cannot be limited but ideally there is a need to research on forming a theoretical system. For socia...
None Authors ’ contributions The research has been carried out by the two authors. Both authors read and approved the final manuscript.
The authors declare that we have no competing interests.
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- Tanvi Gandhi, Rishav Raina
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- 2018
Brinckerhoff (2000)4Social entrepreneurs have the following characteristics: • They are willing to take reasonable risk on behalf of the people their organization serves; • They are constantly looking for new ways to serve their constituencies, and to add value to existing services; • They understand that all resource allocations are really stew...
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Mar 1, 2023 · For individual social entrepre-neurs and social enterprises, they create change using a variety of strategies in the SE process, such as bricolage (Di Domenico et al., 2010; Molecke & Pinkse, 2017) and rhetoric (Ruebottom, 2013; Waldron et al., 2016).
All the definitions of social entrepreneurship agree on a central focus on social or environmental outcomes that has primacy over profit maximization or other strategic considerations.
Apr 24, 2012 · Explain why measuring social entrepreneurship is difficult; provide some figures/ evidence from initiatives you know of.
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entrepreneurship, blurring sector boundaries, for-profit social enterprise, scaling social innovations, developing earned-income strategies, and the process of social entrepreneurship.
