scholarly journals Social Entrepreneurship in Digital Age for Both Quality Pace for Economic Development

2019 ◽  
Vol 8 (4S3) ◽  
pp. 244-248
Keyword(s):  
Economic Development ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Social Entrepreneur ◽  
Primary Data ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
The Social ◽  
Sustainable Business Models

In the globalized economy, entrepreneurship is the asset for economic development. Social Entrepreneurship works to bring positive social, economic environmental outcomes for the society. Social entrepreneurs, in the globalised economy thriving to fit into effective and efficient business through solving community based problems. A social entrepreneur has greater impact in achieving sustainable business models and approaches through addressing social and environmental problems. The fast paced growth of new digital technologies provides powerful resources for facing existing social and environmental challenges. The research paper aims to reveal the role of Social entrepreneur benefits and Challenges in developing our Economy. The research is of an empirical nature and primary data are collected using convenient sampling techniques through a structured questionnaire. The study outcome will help the social entrepreneurs to enhance their business worth and for economic development.

The role of business advisers in supporting social entrepreneurship

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Cecilia Dalborg ◽  
Yvonne von Friedrichs
Keyword(s):  
Social Entrepreneurship ◽  
Business Models ◽  
Social Innovation ◽  
Policy Instruments ◽  
Social Enterprises ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
Content Type ◽  
The Public ◽  
Sustainable Business Models

Purpose In many regions, the potential of social entrepreneurship and social innovation are not fully used. The purpose of this study is to explore issues and challenges in the business advisory support offered to social entrepreneurs and, from this background, give suggestions on how the advisory process to social entrepreneurs could be modified to better gain society. Design/methodology/approach Representatives from 15 business advisory organisations in Sweden were interviewed to examine how their support to social enterprises meets the needs of the companies, and to discover possible problems encountered regarding the business advice available to social enterprises. Using thematic analysis, six different overarching themes were identified that characterise issues and challenges in the business advisory support offered to social enterprises. Findings The results show that many advisers lack experience in social entrepreneurship, yet they consider that social enterprises are not “genuine” entrepreneurs, and that they, therefore, refer them to advisers focussing on co-operative enterprises. Furthermore, the absence of sustainable business models, the lack of financial resources and the existence of municipal monopoly are identified by the advisers as challenges. Practical implications This paper reveals an Achilles’ heel in the business advisory support offered to social enterprises, namely, the lack of experience and knowledge of social entrepreneurship amongst current business advisers, as well as a prioritisation of advice to more “commercial” entrepreneurs because of policy instruments and the expectations from the public funders of increased profitability and growth in the companies that receive advice. The mainstream business advisory service could play a key role by bringing together the various stakeholders in this shared value process. This would, however, require increased knowledge and new government policies and directives that ensure that social entrepreneurs are prioritised in the business advisory situation. Originality/value This paper demonstrates that the current advisory system is not adapted to fit the needs of social enterprises. It also proposes the need to include participation and proximity in the business model design.

scholarly journals Social entrepreneurship innovation: A study from Mexico

2020 ◽  
Author(s):  
AISDL
Keyword(s):  
Social Entrepreneurship ◽  
Value Added ◽  
Organizational Factors ◽  
Structural Equations ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Sustainable Business ◽  
Global Pandemic ◽  
The Social ◽  
The Relationship

Objective: The objective of this research project is to explore the personal and organizational factors that lead to innovation in social entrepreneurs. The study improves the understanding of this type of entrepreneurs in Mexico.Research Design & Methods: The study includes 81 social entrepreneurs from different regions of Mexico. A questionnaire was carried out taking into account five factors: creativity, autonomy, tasks and roles of the entrepreneur and innovation of the process and the product or service. The approach used was quantitative through structural equations to establish a relationship between the variables. The method used was through partial least squares.Findings: Through the structural equations, the relationship between the variables studied is shown. The relationship between the personal and organizational variables of the social entrepreneur on product or service innovation is verified. The social entrepreneur innovates to reach the goals that are proposed.Implications & Recommendations: It is necessary to sensitize the different governmental and non-governmental sectors that promote social entrepreneurship in Mexico. Entrepreneur training strategies can help them achieve a sustainable business and, in this way, contribute to promoting social justice.Contribution & Value Added: This work highlights the personal and organizational factors of the social entrepreneur in Mexico that had not been previously studied. These days, due to a severe crisis caused by the global pandemic, it will take a greater number of social entrepreneurs to be able to overcome social lags.

The Role of Social Entrepreneurship and Social Economy in Romanian Sustainable Business Development

2019 ◽  
pp. 49-65
Author(s):  
Rodica Gherghina ◽  
Ioana Duca
Keyword(s):  
Economic Development ◽  
Social Entrepreneurship ◽  
Social Economy ◽  
Business Development ◽  
Social Enterprises ◽  
Sustainable Business ◽  
New Concepts ◽  
The Social ◽  
Scientific Endeavour

In their scientific endeavour, the authors aim at analysing the concepts of social entrepreneurship and social economy, as well as emphasising the role these concepts play in sustainable business development and in the economic development of society as a whole. At the same time, several aspects of social enterprises are presented and their importance in the Romanian economic environment is emphasised. As these are two relatively new concepts in the social economy in Romania, the authors refer to the specialised literature throughout their research. The authors present several of the opportunities and challenges raised by social economy. The importance of financing is emphasised by means of presenting the organisations' financing sources which are specific to social economy. The conclusions to this research include some of the authors' own viewpoints, with reference to the aspects of social entrepreneurship – social enterprises – social economy and their role in overall economic development.

scholarly journals Spreading Sustainability Innovation through the Co-Evolution of Sustainable Business Models and Partnerships

2020 ◽  
Vol 12 (3) ◽  
pp. 1190 ◽  
Author(s):  
Silvia Cantele ◽  
Sara Moggi ◽  
Bettina Campedelli
Keyword(s):  
Business Model ◽  
Business Models ◽  
Economic Benefits ◽  
Sustainable Business ◽  
Enabling Factors ◽  
Business Operations ◽  
The Social ◽  
Sustainable Business Models

Sustainability innovation is often not achievable by a single organisation; even if changes in business operations can lead to great advances towards a more sustainable business model (SBM), the effectiveness of these implementations largely depends on the combined actions of the organisation’s network of partners. The aim of this research is to analyse the way that SBMs and partnerships co-evolve to enhance the sustainability of the involved organisations and spread sustainability culture beyond the network. In doing so, this article presents a case study of the company Alisea as a business operating within a circular business model, along with its network of partnerships. The co-evolution of the business model and partnerships is led by enabling factors that characterise the underlying relationships. The role of cross-sector collaborations is demonstrated in terms of boosting the social and environmental dimensions of the circular business model, enhancing social and economic benefits within and outside the partnerships, and spreading sustainability culture in different sectors.

The Role of Social Entrepreneurship and Social Economy in Romanian Sustainable Business Development

2018 ◽  
pp. 128-144
Author(s):  
Rodica Gherghina ◽  
Ioana Duca
Keyword(s):  
Economic Development ◽  
Social Entrepreneurship ◽  
Social Economy ◽  
Business Development ◽  
Social Enterprises ◽  
Sustainable Business ◽  
New Concepts ◽  
The Social ◽  
Scientific Endeavour

In their scientific endeavour, the authors aim at analysing the concepts of social entrepreneurship and social economy, as well as emphasising the role these concepts play in sustainable business development and in the economic development of society as a whole. At the same time, several aspects of social enterprises are presented and their importance in the Romanian economic environment is emphasised. As these are two relatively new concepts in the social economy in Romania, the authors refer to the specialised literature throughout their research. The authors present several of the opportunities and challenges raised by social economy. The importance of financing is emphasised by means of presenting the organisations' financing sources which are specific to social economy. The conclusions to this research include some of the authors' own viewpoints, with reference to the aspects of social entrepreneurship – social enterprises – social economy and their role in overall economic development.

How the social entrepreneurship business model designs in South Africa create value: a complex adaptive systems approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olu Oludele Akinloye Akinboade ◽  
Trevor Taft ◽  
Johann Friedrich Weber ◽  
Obareng Baldwin Manoko ◽  
Victor Sannyboy Molobi
Keyword(s):  
South Africa ◽  
Business Model ◽  
Value Creation ◽  
Social Entrepreneurship ◽  
Complex Adaptive Systems ◽  
Local Governments ◽  
Business Models ◽  
Social Entrepreneurs ◽  
Content Type ◽  
The Social

Purpose This paper aims to understand social entrepreneurship (SE) business model design to create values whilst undertaking public service delivery within the complex environments of local governments in South Africa. Design/methodology/approach Face-to-face semi-structured interview was conducted with 15 purposively selected social entrepreneurs in Gauteng and Western Cape provinces. The interview guide consisted of main themes and follow-up questions. Themes included SEs’ general history, the social business model; challenges faced and how these were overcome; scaling and growth/survival strategies. These enabled the evaluation of SEs in terms of identifying key criteria of affordability, availability, awareness and acceptability, which SEs must achieve to operate successfully in low-income markets. Social enterprise owners/managers within the electricity distribution, water reticulation and waste management services sectors were surveyed. Findings Most respondents focus on building a network of trust with stakeholders, through communication mechanisms that emphasize high-frequency engagements. There is also a strong focus on design-thinking and customer-centric approaches that strengthen value creation. The value creation process used both product value and service value mechanisms and emphasized quality and excellence to provide stakeholder, as well as societal value, within their specific contexts. Practical implications This study builds upon other research that emphasizes SEs’ customer-centric approaches to strengthen value creation and on building a network of trust with multiple stakeholders. It contributes to emphasizing the business paradigm shift towards bringing social values to the business practice. Social implications Social good, but resource providers are demanding more concrete evidence to help them understand their impact (Struthers, 2013). This is because it is intrinsically difficult for many social organizations to document and communicate their impact in more than an anecdotal way. The research has contributed to the understanding of how SEs can provide evidence of value creation. Originality/value This study contributes to the understanding of how business models are designed to create value within the context of the overwhelming complexity of local government services in South Africa.

Social entrepreneurship and entrepreneurial ecosystems

2017 ◽  
Vol 44 (9) ◽  
pp. 1252-1267 ◽  
Author(s):  
Philip T. Roundy
Keyword(s):  
Social Relations ◽  
Social Entrepreneurship ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Content Type ◽  
Community Revitalization ◽  
Entrepreneurial Ecosystems ◽  
Support Organizations ◽  
The Social ◽  
Time Work

Purpose The formation of entrepreneurial ecosystems is recognized as an activity that can produce economic development and community revitalization. Social entrepreneurship is also an activity that is receiving growing attention because of its potential for addressing social and economic problems. However, while scholars have focused on how the participants in entrepreneurial ecosystems, such as investors and support organizations, influence ecosystem functioning, it is not clear what role social entrepreneurs can play in entrepreneurial ecosystems. Nor is it known how the entrepreneurial ecosystems in which social entrepreneurs are located can influence the founding and operation of their ventures. The paper aims to discuss these issues. Design/methodology/approach In this conceptual paper, theory is proposed to explain the interrelationship between entrepreneurial ecosystems and social entrepreneurship. Findings It is theorized that entrepreneurial ecosystems will influence the operations and effectiveness of social entrepreneurs through mechanisms such as the ecosystem’s diversity of resource providers, support infrastructure, entrepreneurial culture, and learning opportunities. In turn, social entrepreneurs can shape the entrepreneurial ecosystems in which they are situated by influencing the heterogeneity of ecosystem participants, garnering attention for the ecosystem, and increasing its attractiveness to stakeholders. Originality/value Scholars examining entrepreneurial ecosystems have not studied the role of an increasingly important market actor: the social entrepreneur. At the same time, work on social entrepreneurship has not emphasized the community of social relations and cultural milieu in which social entrepreneurs found their ventures. The theory developed addresses both of these omissions and has important implications for practitioners focused on spurring entrepreneurial ecosystems and social entrepreneurship.

Leadership in Social Entrepreneurship

2017 ◽  
pp. 768-789
Author(s):  
Jorge Colvin Díez ◽  
José Manuel Saiz-Alvarez
Keyword(s):  
Social Entrepreneurship ◽  
Social Impact ◽  
Evolutionary Process ◽  
Social Value ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
New Concepts ◽  
The Social ◽  
Theories Of Leadership ◽  
Indirect Action

The social entrepreneur has been analyzed from many perspectives, either from its social impact, its proposed social value, or its direct or indirect action. This chapter attempts to analyze the entrepreneur from a new approach: the perspective of the leader. Therefore, the question arises: is leadership in social entrepreneurs an evolutionary process or not? Is it a natural ability or a learned technique? Is the social entrepreneur a leader born or made? To answer this, [1] we will analyze the main contemporary theories of leadership from two different paradigms (Colvin, 2013), [2] we will define new concepts in the world of social entrepreneurship, [3] we will establish a life cycle of strategic leadership promoted by the social entrepreneur focused on his or her organization in order to serve as a seed for the intended social impact.

Public Policies and the Role of State vs. Sustainable Business Models and Corporate Sustainability

2021 ◽  
pp. 61-73
Author(s):  
Wojciech Gonet
Keyword(s):  
Public Administration ◽  
Social Relations ◽  
Business Models ◽  
Corporate Sustainability ◽  
Sustainable Business ◽  
State Administration ◽  
The Status ◽  
Sustainable Business Models ◽  
Reducing Energy

The chapter examines the scope of public administration participation in ensuring that entrepreneurs comply with the principles of sustainable development. It was found that the activities of the state administration in this regard may consist in providing entrepreneurs with the status of applying ESG and CSR principles in their activities, then checking compliance with these principles, informing consumers about the consequences of using products and services produced by the entrepreneurs using the ESG and CSR principles. It was determined that the expectation for the application of ESG and CSR principles can also apply to public administration, which in its activity can contribute to environmental protection by reducing energy consumption in various forms, as well as improving social relations by eliminating corruption.

Promoting Entrepreneurship for Development

2017 ◽  
Author(s):  
Fiorina Mugione ◽  
Fulvia Farinelli
Keyword(s):  
Sustainable Development ◽  
Business Models ◽  
Policy Framework ◽  
Entrepreneurship Policy ◽  
Sustainable Business ◽  
Socially Disadvantaged ◽  
Sustainable Business Models ◽  
Development Goals ◽  
Policy Measures

Recognizing the role of entrepreneurship as a catalyst for development and a means to address sustainable development challenges, this chapter illustrates UNCTAD’s approach to promoting entrepreneurship from a policy perspective. It draws lessons from the implementation of UNCTAD’s Entrepreneurship Policy Framework (EPF) and reiterates the need for holistic entrepreneurship policies according to the six priority areas identified by the EPF. It also highlights how policymakers can create an enabling entrepreneurial environment which also takes into account inclusive and sustainable business models, thereby expanding opportunities for all and addressing the needs of socially disadvantaged groups. For aspiring entrepreneurs from such groups, who tend to have lower levels of entrepreneurship skills and greater difficulty in navigating the business and regulatory environment, governments need to tailor policy measures to help them manage and grow their businesses. In this way, entrepreneurship policies can contribute to the achievement of the UNGA’s 2015 sustainable development goals.

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