Emphasizes that social enterprises are accountable to a broader group of stakeholders (community, environment) rather than just shareholders.
Evaluates success based on People, Planet, and Profit. Social Entrepreneurship: Concepts, Methodologie...
Social entrepreneurs apply creative, disruptive methods to tackle persistent social problems that traditional market or state actors have failed to solve. Emphasizes that social enterprises are accountable to a
Social entrepreneurship represents a transformative, hybrid approach to business that blends entrepreneurial principles with a dedicated commitment to solving societal, environmental, or cultural challenges. Unlike traditional entrepreneurship, social entrepreneurship prioritizes social value creation over profit maximization, often operating at the intersection of for-profit and non-profit sectors to develop sustainable, innovative solutions. 1. Core Concepts and Definitions utilizing market-driven strategies (trading
Social entrepreneurship strives for financial self-sufficiency to ensure long-term impact rather than temporary intervention. 2. Theoretical Frameworks
Analyzes how social entrepreneurs navigate or change the institutional environment (regulations, norms) to legitimize their ventures.
Social enterprises often occupy a hybrid space, utilizing market-driven strategies (trading, service delivery) to fund their social missions, rather than relying solely on grants or donations.