SOCIAL ENTREPRENEURSHIP AND IMPACT INVESTING

2013 ◽  
Vol 78 (2) ◽  
pp. 209-221
Author(s):  
Maarten J. Verkerk
Keyword(s):  
Financial Institutions ◽  
Social Entrepreneurship ◽  
World View ◽  
Economic Prosperity ◽  
Social Entrepreneurs ◽  
Impact Investing ◽  
Environmental Objectives ◽  
Accounting Scandals ◽  
Corporate Social ◽  
Global World

The financial crisis and accounting scandals in large companies have stimulated a thorough assessment of the contribution of enterprises and financial institutions to the greater public good and economic prosperity. This assessment has led to a revaluation of the ideas of social entrepreneurship and impact investing. In this article we explore the nature and character of these ideas by a philosophical analysis and by comparison with profit-driven organizations and corporate social responsibility. We show that social entrepreneurs and impact investors distinguish themselves by their social and environmental objectives, their focus on the justified interests of all stakeholders, and their values and world view. We also make a reasonable case that in the coming decade social entrepreneurs and impact investors will play an important role in the development of the global world.

scholarly journals Social Entrepreneurship in India: An Exploratory Study

2015 ◽  
Vol 3 (1) ◽  
pp. 07-16 ◽  
Author(s):  
Hemantkumar P. Bulsara ◽  
Shailesh Gandhi ◽  
Jyoti Chandwani
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Entrepreneurship ◽  
Exploratory Study ◽  
Social Issues ◽  
Empirical Studies ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
The Government ◽  
Corporate Social

Social Entrepreneurship is an all-encompassing nomenclature, used for depicting the process of, bringing about social change on a major and impactful scale compared to a traditional Non-Governmental Organization (NGO). It is an increasingly important concept in the study of voluntary, non-profit and not-for -profit organizations. Earlier, organizations addressing key social issues were assumed to be idealistic, philanthropic with entrepreneurial skills. Social Entrepreneurship in India is emerging primarily because the government is very keen on its promotion, not necessarily by funding it or by advising on it but by enabling it. The Corporate Social Responsibility (CSR) of the private sector with clearly earmarked funds and full-fledged action teams have played an important role in sprucing up the image of Social Entrepreneurship. The focus of the paper is to study the growing trends of Social Entrepreneurship in India and the new initiatives taken by various Social Entrepreneurs. It also gives a brief idea of different Theories of Social Entrepreneurship. Efforts are made to provide information and an exploratory study, related to the support activities of Social Entrepreneurship and Social Entrepreneurial ventures in India. This may be beneficial in future empirical studies of the subject. Keywords: Entrepreneurship, Social Entrepreneurship, Social Entrepreneur, NGO, Corporate Social Responsibility, India.

Social Innovation and Social Entrepreneurship

2019 ◽  
pp. 92-114
Author(s):  
Muhsin F. Bayik
Keyword(s):  
Corporate Social Responsibility ◽  
New Product Development ◽  
Social Entrepreneurship ◽  
Social Innovation ◽  
Economic Value ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Sustainable Solutions ◽  
Corporate Social ◽  
Customer Development

This chapter introduces social innovation, social entrepreneurship, corporate social responsibility, corporate social entrepreneurship, and new product development and argues that social entrepreneurs can utilize from the customer development process when working on a novel solution to create social and economic value. Social entrepreneurs can team up with companies for creating sustainable solutions for the society. Companies can integrate corporate social entrepreneurship into their strategies. City administrations can support social enterprises. The conclusion briefly describes possible weaknesses, limitations, and challenges for social innovation and social entrepreneurship.

scholarly journals Experiences of Social Entrepreneurship Pioneers in Lithuania

2020 ◽  
Vol 21 ◽  
pp. 8-25 ◽  
Author(s):  
Ieva Adomaitytė-Subačienė ◽  
Agnė Girkontaitė ◽  
Donata Petružytė ◽  
Eglė Šumskienė
Keyword(s):  
Corporate Social Responsibility ◽  
20Th Century ◽  
Social Entrepreneurship ◽  
Historical Development ◽  
Qualitative Interviews ◽  
Business Practices ◽  
Social Business ◽  
Social Entrepreneurs ◽  
Governmental Institutions ◽  
Corporate Social

The phenomenon of social entrepreneurship is sufficiently well-researched abroad since the end of the 20th century. Nevertheless, it is quite a new and under-researched subject in Lithuanian academic discourse. The goal of this article is to explore the experiences of pioneers of social entrepreneurship in Lithuania, the way they create and develop the model of social entrepreneurship. The first half of the article discusses various concepts of social entrepreneurship, its historical development, connections with corporate social responsibility and its purpose in contemporary societies. The second part describes the authentic experiences of being the icebreakers of social business practices in bureaucratic system. Results are based on semi-structured qualitative interviews, conducted in autumn 2018 - spring 2019, with 14 social entrepreneurs in Lithuania. The analysis was done following the approach of grounded theory. The research shows, that social entrepreneurs experience various challenges while cooperating with governmental institutions or municipalities while searching for suitable funding models and experiencing ignorance from society in general. Nevertheless, they still engage in these activities with the help and support of an emerging community of active like-minded social entrepreneurs, whose support is essential for the existence and development of social entrepreneurship in Lithuania.

scholarly journals Is Corporate Social Entrepreneurship a (So Far) Missed Opportunity for Higher Education Institutions? Evidence from Germany

2021 ◽  
Vol 13 (24) ◽  
pp. 13965
Author(s):  
Iris Rickhoff-Fischer ◽  
Christoph Schank ◽  
Arne Ortland
Keyword(s):  
Higher Education ◽  
Social Entrepreneurship ◽  
Higher Education Institutions ◽  
Quadruple Helix ◽  
Social Entrepreneurs ◽  
Qualitative Research Design ◽  
Institutions Of Higher Learning ◽  
Higher Education And Society ◽  
Student Demand ◽  
Corporate Social

(1) Background: Corporate social entrepreneurship (CSE) is a young phenomenon courting recognition that is attracting increasing attention in academia and corporate practice. Nevertheless, it has rarely found its way into the curricula of higher education institutions (HEI), which raises the question of the concept’s potential for further development in the realm of academic teaching; (2) Our study is based on a mostly qualitative research design consisting of expert interviews, focus groups, and a low-standardized survey; (3) Results: Corporate social entrepreneurship is seen as having strong potential to enrich education at institutions of higher learning, to establish new forms of teaching, and to bridge the gap between higher education and society; (4) Conclusions: Although our results indicate industry need and student demand for competent corporate social entrepreneurs, German HEIs have not yet integrated CSE-specific education into their curricula. However, the required competences are covered by CSE-related fields of study, which hampers the holistic education of CSE learners. A CSE curriculum needs to cover core CSE concepts as well as key competences, and the engagement of quadruple helix stakeholders requires an adjustable and transversal approach of curriculum development.

SOLID WASTE TO THEME BASED PARKS IN HIMACHAL PRADESH, INDIA: A HEALTHY, SUSTAINABLE, ECO-FRIENDLY AND SKILLED INITIATIVE FOR ENTREPRENEURS

2018 ◽  
Vol 5 (1) ◽  
Author(s):  
Dr. S. Radhakrishnan . ◽  
Mrs. Sunita Yadav ◽  
Dr. Bhagwan Singh
Keyword(s):  
Waste Management ◽  
Solid Waste ◽  
Social Entrepreneurship ◽  
Solid Waste Management ◽  
Economic Status ◽  
Well Being ◽  
Himachal Pradesh ◽  
Plastic Waste ◽  
Social Entrepreneurs ◽  
The Status

Waste is generated by various day to day human activities. Adopting improper waste handling and disposal methods can harm the well-being of public and environment. Waste management creates new opportunities for entrepreneurs in terms of social causes and it affects the economic structure and economic status of any country. One of the new approaches in waste management and income generation is Social entrepreneurship. But in Bharat i.e. India the young entrepreneurs have a dearth of consciousness towards social entrepreneurship. This paper discusses the status of solid waste management in India and Government initiatives for managing Solid Waste at Dharamshala. The main objectives of study are 1) to check awareness of people in managing solid waste at Dharamsala 2) and how to convert the plastic waste into theme based parks as skilled initiative for entrepreneurs at tourist spots in Himachal Pradesh. The paper thus explores the scope for entrepreneurs in waste management. The study reveals that Solid waste management concept attracted the attention of government around 1970s. But till now we believe in filling the waste in the ground or putting them in the dustbin. Government of India has created few acts and rules on waste management which are listed in this paper. Through this study it is revealed that people of Dharamshala welcome to the construction of themed parks made from plastic bottles. Majority of these people believe in separating waste at home and according to them conditions of waste disposal at Dharamshala are not very good. There is a positive correlation between people’s opinion of constructing theme parks and using plastic bottles in park’s construction. Study believes that the quantity of plastic waste in our country is endless which creates lot scope and opportunity to the social entrepreneurs.

scholarly journals Social entrepreneurship and social enterprise phenomenon: toward a collective approach to social innovation in Tunisia

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Bechir Fridhi
Keyword(s):  
Social Entrepreneurship ◽  
Social Innovation ◽  
Participant Observation ◽  
Social Entrepreneurs ◽  
New Ideas ◽  
Entrepreneurial Action ◽  
Collective Construction ◽  
Depth Interviews ◽  
Real Challenge ◽  
Collective Dimension

AbstractThis article aims to understand the extent to which social entrepreneurship (SE) contributes to the construction of a collective dimension linked to social innovation (SI). We aim to propose new ideas that can deliver insights into the SE phenomenon. This research is also distinct from entrepreneurial ecosystems as its development already requires some successful entrepreneurial action and to do it, the structuring and consolidation of an entrepreneurial ecosystem constitutes a real challenge for the development of SI.This work has been based on a participant observation of eight major events dedicated to social entrepreneurship or the shared economy. In-depth interviews with Tunisian social entrepreneurs were also conducted in order to enrich our corpus. The results show the necessary cooperation of social entrepreneurs for a sustainable and responsible social innovation. Indeed, the analysis emphasizes that the viability and sustainability of a social innovation rests essentially on a collective construction, beyond common social values.

Integrating Social Entrepreneurship Literature Through Teaching

2021 ◽  
pp. 251512742110219
Author(s):  
Angela E. Addae ◽  
Cheryl Ellenwood
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Core Competencies ◽  
Entrepreneurship Education ◽  
Growth Strategies ◽  
Social Entrepreneurs ◽  
Skill Sets ◽  
Academic Literature ◽  
The Social ◽  
Social Sectors

As boundaries between the business and social sectors dissolve, social entrepreneurship has emerged as a phenomenon that bridges two worlds previously divided. Now, social entrepreneurs embrace market-based tools to address society’s greatest challenges. Coinciding with the growth of the sector, students and researchers have sought to understand development, growth strategies, and the practical challenges related to social entrepreneurship. In turn, universities have bolstered social entrepreneurship education by creating academic offerings that emphasize business, social impact, and innovation. Still, social entrepreneurship education remains in its infancy. Courses are as varied as the field itself, and instructors routinely rely on their professional backgrounds and networks to develop curricula that explore the field’s multifaceted character. Thus, social entrepreneurship courses are diverse across disciplines, and the academic literature theorizing the phenomenon is similarly emergent. As social entrepreneurship courses combine theoretical insights with experiential learning in a myriad of ways, aligning theoretical insights with necessary core competencies presents a challenge. To address this dilemma, we highlight the importance of employing theory-driven concepts to develop core competencies in social entrepreneurship students. In doing so, we review key threshold concepts in the social entrepreneurship literature and suggest how instructors might link theoretical insights to practical skill sets.

Exploring the motivations of tourism social entrepreneurs

2016 ◽  
Vol 28 (6) ◽  
pp. 1137-1154 ◽  
Author(s):  
Ziene Mottiar
Keyword(s):  
Social Entrepreneurship ◽  
Design Methodology ◽  
Local Community ◽  
Positive Impact ◽  
National Strategy ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Key Informant ◽  
Research Questions ◽  
Tourism Destinations

Purpose The purpose of this paper is to examine the motivations of social entrepreneurs. It explores the case of the Gathering in Ireland in 2013, when against a backdrop of recession, the national Government encouraged individuals and communities to organize events and invite the Diaspora to visit Ireland as a way of helping the country to revitalize. Some 5,000 events took place across the country during the year, and this paper examines this in the context of social entrepreneurship. Three research questions are posed: Who were these tourism and social entrepreneurs who organized events as a result of the Gathering? What motivated them to engage in these activities? Will this social entrepreneurship activity be maintained beyond 2013 and how has it been impacted by the Gathering? Design/methodology/approach The empirical research was conducted in two counties in Ireland, Co. Kerry and Co. Westmeath. The research tools used were key informant interviews, a survey of event organizers and focus groups. Findings Key findings show that the Gathering has resulted in the emergence of new social entrepreneurs, but it has also had a positive impact on those who had run their events before, as it made them be more strategic in the way they planned and ran their event and also resulted in them thinking about these events in terms of tourists rather than just the local community. They also developed new skills which will aid their future development. It is clear that social entrepreneurs can play a fundamental role in the development of tourism destinations, and this is an important topic for researchers in tourism to be concerned about. Originality/value The originality of this paper lies in the fact that it addresses the issue of motivation of social entrepreneurs and challenges us to think more about how these types of entrepreneurs identify the problem that they will address. Furthermore, this case shows that the motivation for such action can be prompted by a national strategy, rather than as the literature heretofore represented it as an innate motivation that materialized and developed within particular individuals.

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