Definition social entrepreneurship


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definition of social entrepreneurship and traditional entrepreneurship

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Definition social entrepreneurship

  1. 1. 402.472 SOCIAL ENTREPRENEURSHIP IN URBAN & REGIONAL CONTEXT Social Entrepreneurship - Definitions & Concepts27/03/2012 Sophie Golinski & Malena Rottwinkel
  2. 2. CONTENT1. Definition Entrepreneurship2. Entrepreneurship and Social Entrepreneurship (SE)3. Origin and History of SE4. Definition Social Entrepreneurship5. Concept of SE6. References
  3. 3. 1. Definition Entrepreneurship• French economist Jean Baptiste Says (1767- 1832): “The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.”• Austrian economist Joseph Schumpeter (1883- 1950): entrepreneurs as innovators who drive the ‘creative-destructive’ process of capitalism• American economist Peter Drucker (1909-2005): “The entrepreneur always searches for change, responds to it and it exploits it as an opportunity.”
  4. 4. 1. Definition Entrepreneurship“Entrepreneurship is the action of mobilizing resources to launchprojects and create firms whose products and services meet the needsof society.” (Gasse, 2007 in WÜSTENHAGEN)4 Paradigms in Entrepreneurship theory (Verstraete & Fayolle, 2005 inWÜSTENHAGEN):• opportunity recognition• business creation• value creation• innovation
  5. 5. 2. Entrepreneurship & Social Entrepreneurship (SE) Entrepreneurship Social EntrepreneurshipFinancial profits Financial profits NOT essentialForces of demand and supply Not always clear defined products & prices Difficult to measure additional social value Social mission Often in form of start-up companies or SMEs Innovation Personal commitment Visions
  6. 6. 3. Origin and History of SE• SE is NOT a new phenomena• There have always been dedicated entrepreneurs: Friedrich von Bodelschwingh Henry Dunant• Newer initiatives address challenges within society thatcannot be solved by governments, administration or NGOs• Now: SE as a buzzword for change, sustainabledevelopment & social corporate responsibility
  7. 7. 4. Definition Social Entrepreneurship Social commitmentSocial Activist Social Entrepreneurship Social Service social entrepreneurship = Gesellschaftliches Unternehmertum social business = Sozialunternehmen
  8. 8. 4. Definition Social Entrepreneurship• lack of clear-cut definition“deals with a start-up of a very innovative company supplyingenvironmentally or socially beneficial products and services”Schaltegger & Wagner (2008), p. 31Characteristics:• mission to create and sustain social value• wealth creation is not at the core• agents of change: reformers and not “best practice”• continuous adaptation, learning and innovation• often act locally but potential for global change
  9. 9. 5. Concept of SE• importance of SE for changing society and for achieving social and environmental goals within market framework• different concepts: sustainable entrepreneurship, social corporate responsibility, corporate environmental responsibilityConcept of A. Nicholis & A.H. Cho: Sociality Market Orientation Innovation
  10. 10. 6. ReferencesDEES, J.G. (2011): The Meaning of Social Entrepreneurship. In: Ed. HAMSCHMIDT, J. & PIRSON,M. (2011): Case Studies in Social Entrepreneurship and Sustainability. Sheffield. p. 22-30.FALTIN, G. (2011): Social Entrepreneurship – Zwischen Entrepreneurship und Ethik. In Ed.JÄHNKE, P.; CHRISTMAN, G.B. & BALGAR, K. (2011): Social Entrepreneurship. Perspektiven fürdie Raumentwicklung. Wiesbaden. p. 75-85.HACKENBERG, H. & EMPTER, S. (2011): Social Entrepreneurship und Social Business:Phänomen, Potenziale, Prototypen – Ein Überblick. In: Ed. HACKENBERG, H. & EMPTER, S.(2011): Social Entrepreneurship Social Business: Für die Gesellschaft unternehmen. Wiesbaden. p.11-26.NICHOLIS, A. & CHO, A.H. (2006): Social Entrepreneurship: The Structuration of a field. In: Ed.NICHOLIS, A. (2006): Social Entrepreneurship: New Models of Sustainable Social Change. Oxford.p. 99-118.SCHALTEGGER, S. & WAGNER, M. (2008): Types of sustainable entrepreneurship and conditionsfor sustainability innovation: from the administration of a technical challenge to the management ofan entrepreneurial opportunity. In Ed. WÜSTENHAGEN, R. (2008): Sustainable Innovationand Entrepreneurship. Cheltenham. p. 27-48.SPENCE, M.; GHERIB, J.B.B.; BIWOLE, V.O. (2008): A framework of SMEs`strategic involementand sustainable devolopment. In Ed. WÜSTENHAGEN, R. (2008): Sustainable Innovationand Entrepreneurship. Cheltenham. p. 49-66.