Definition of Social Entrepreneurship
Extended definition of entrepreneurship to the social dimension
It brings together all areas of entrepreneurial activity, which aim to sustainably solve a social problem by usuage of innovative means
What are the three types of Social Entrepreneurs?
Social Bricoleurs
(local social entrepreneur)
-> identify and solve local grievance
Social Constructionists
Induction of long-term changes to market failure or external grievances
Social Engineers
Identifying problems in the system within the existing social structures and solution by revolutionary innovation
What are characteristics of a social entrepreneur? What distinuishes a social entrepreneur from “normal” entrepreneurs?
Taking responsibility for own actions
Creating a social value for society
He or she is an innovation pioneer of humanity
What are possibilities to measure social impact?
-> Possibilities of Performance Measurement
Impact Map:
Process Chain from resources used to impacts
Social Balanced Scorecard:
includes finances, internal processes, organizational capacity, stakeholders and social impact
Social Auditing:
Subjective impressions of stakeholders linked with other quantitative methods
Social Return on Investment:
Representation of a single financial figure, which monetize social and evironmental results as well
What are the different Tripple Bottom Line Dimensions?
What is meant by them?
What is the larger relationship between social entrepreneurship and sustainable entrepreneurship?
(graphic)
What ist the primary goal of Environmental Entrepreneurship?
Creating a double bottom line of environmentally responsible and profitable opportunities
What is the primary goal of Conventional Entrepreneurship?
The entrepreneur changes through creative destruction the status quo in a market and creates thereby economic growth
What is the primary goal of Social Entrepreneurship?
Creating social value which can rersult in not-for-profit, for-profit or hybrid venture forms.
The discovery, creation, evaluation, and exploitation of opportunities to create future goods and services that is consistent with sustainable development goals.
What are specific challenges for social entrepreneurs for the acquistion of funding
no specific funding of the founding of sustainability oriented new ventures
Environmentally and socially friendly innovations are often just profitable in long term
Innovations with a need in behavioral change
What are potential forms of financing for Social Entrepreneurs?
What are the different forms of Return here?
What are the different forms of fund?
Last changed2 years ago