Social Entrepreneurship And Its Impact On Society

Over the last few decades entrepreneurship has become the way many people have chosen to for their career paths. There are different types of entrepreneurship but there is one in particular that seem to be evolving in the world of business and it is social entrepreneurship. Social entrepreneurship has allowed the opportunity for change, considering the ever changing economy we live in today. Social entrepreneurship focuses on not for profit in order to create social value, encourage socially responsible practices in current businesses and provides social solutions to social problems. Social enterprise is the tool that is used to create social values and meet the social needs. Even though social entrepreneurship sounds like it is charity it is not because it combines social and commercial goals and as a result, solves some of the social problems. Social entrepreneurs take part in a procedure that involves consistent development, adoption and learning. By having these segments, social entrepreneurs are able to work without being confined to assets. Even though most cases of social entrepreneurship start out rather small, their drives have a huge impact on the world’s issues. Some of those examples include access to clean water, unemployment rates, chronic sickness and disease and crime. This paper will address the social entrepreneurship origin, characteristics and the contrast of social entrepreneurship in the United States versus other countries abroad. SocialShow 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). 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