This document discusses social entrepreneurship, including its definition, characteristics of social entrepreneurs, why social entrepreneurship is important, and where it occurs. Social entrepreneurship combines business methods with a social mission to address unmet social needs. It occurs at the intersection of business and nonprofit sectors. Examples provided illustrate how social entrepreneurs develop innovative organizational models to serve vulnerable populations in a sustainable way and bring about social change.

1. • What is Entrepreneurship?
• The OREO model of Entrepreneurship
• 4 Major Characteristics of Successful Entrepreneurs
• What is “Social” Entrepreneurship?
• Who are the Social Entrepreneurs?
• Why Social Entrepreneurship?
• Where does social entrepreneurship occur?

2. 4 pillars of entrepreneurship- OREO
Model
Opportunity
Entrepreneur
Organization
Successful
Ventures
Resources

3. ENTREPRENEURSHIP
The process of perceiving opportunities for and the creation
of a new venture, by mobilizing a wide variety of resources.
*Pursue opportunities without regard to the resources
currently controlled.
*Requires creativity, drive, and a willingness to take risks.
Entrepreneurs are those who do start and grow ventures

4. Who Is an Entrepreneur?
• Employees—earn their livings working for
someone else’s business.
BUT
• Entrepreneurs—earn their livings starting,
owning, and working for their own
businesses.
• Entrepreneurs add value to scarce
resources by shifting them from areas of
lower to higher productivity.

5. Who is an Entrepreneur then?
One who builds a new business
organization in the face of risk and
uncertainty for the purpose of achieving
profit and growth by identifying
opportunities and assembling the
necessary resources to capitalize on them.

6. Characteristics of Successful Entrepreneurs
Four Primary Characteristics

7. What is Social Entrepreneurship (SE)?
creation of new organizational models
Aims at fulfilling a social mission
Creating business models to serve the poor
Traditional E with a mission to change society
to bring about more equity in a society
Jobs opportunities such that they eventually
become self-sufficient

8. What Is Social Entrepreneurship?
• The phenomenon of social entrepreneurship
is not new
• Scholars lack consensus on the definition of
social entrepreneurship
• The broad and narrow definitions
– The “social enterprise” school of thought
– The “social innovation” school of thought

9. What Is Social Entrepreneurship-SE?
• Guo and Bielefeld’s definition:
• “Social entrepreneurship refers to the pursuit of
social objectives with innovative methods, through
the creation of products, organizations, and
practices that yield and sustain social benefits.“
• What do you think of this definition?
– Strengths
– Weaknesses

10. What Is Social Entrepreneurship-SE?
• The differences between social
entrepreneurship and commercial
entrepreneurship
– Market failure
– Mission
– Resource mobilization
– Performance measurement

11. What Is Social Entrepreneurship-SE?
The PCDO model
– People (P)
– Context (C)
– Deal (D)
– Opportunity (O)
• Managerial implications

12. Who Are the Social Entrepreneurs-SE?
• Social entrepreneurs share many of the same
qualities that regular entrepreneurs share:
– Innovative
– Risk taking
– Resourceful
• What sets social entrepreneurs apart from
regular entrepreneurs?
– The drive for social change

13. Who Are the Social Entrepreneurs-SE?
• Some common behavior categories found in
existing definitions of social entrepreneurship:
– Balanced judgment
– Opportunistic
– Virtuous
– Risk endurance

14. Who Are the Social Entrepreneurs-SE?
• Dennis Young identifies seven types of social
entrepreneurs
– Independent entrepreneurs
– Searchers
– Power seekers
– Conservers
– Professionals
– Artists
– Income seekers

15. Who Are the Social Entrepreneurs-SE?
• Mair and Noboa summarize the unique
characteristics of social entrepreneurs in
terms of:
– Traits and skills
– Behavioral attributes
– Context and background
• What is the problem of the trait approach to
social entrepreneurship?

16. Why Social Entrepreneurship-SE?

17. Why Social Entrepreneurship-SE?
• Unmet demand of social needs
– Government failure
– Contract failure
– Social theory
• Need for earned income
– Recent budget cuts
– Recent economic crisis

18. Why Social Entrepreneurship-SE?
• Opportunities from the external environment
– Demographic
– Technological
– Global
• Impact on social value creation
– Offer support during the economic downturn
– Employment development
– Innovation / New goods and services
– Equity promotion

19. Where Does Social Entrepreneurship Occur?
• Social entrepreneurship occurs in all three
sectors
– Public sector examples
– Nonprofit sector examples
– Business sector examples
• Social entrepreneurship occurs at the
interface between public and private/nonprofit
sectors
– Examples of social entrepreneurship in network
settings

20. Social entrepreneurship describes individuals who
combine the pragmatic and results-oriented methods of
a business entrepreneur with the goals of a social
reformer.
Power of a simple idea to effect vast social change.
Set a new standard in development work
SE models build bridges-- private sector and the world’s
poor
SE is after all entrepreneurship with multiple
bottomlines that includes a social mission

21. National Foundation for Teaching Entrepreneurship
(NFTE)
Entrepreneurship Education for At-Risk Youth.
NFTE Launched in New York in 1987 by Steve Mariotti
Teach Entrepreneurship to Low-Income Young People
Economically productive members of society
19-year track record as a proven SE Model
NFTE has reached 22,000 young people trained
teachers and youth workers in 44 states and 16
countries

22. We define Developmental SE as a process that discovers a
workable organizational model to enables the design,
planning, production and delivery of products and services
that cater directly to fulfilling certain social needs of
“marginalized” population within accepted sustainable
development guidelines (Ram Kesavan, 2006).
Non-developmental SE deals with solving mainstream
social issues that directly concern the entire humanity--
Issues such as infectious diseases (covid-19), crime,
ecology, sustainability or climate change

23. High Misery Index and Poverty Levels
Supply of Food in Quantity/ Quality.
Access to Health Care Kind and Quality.
Affordability of Dental and Vision care.
Meaningful Educational Experiences.
Shelter from Bad Weather

24. •
Increasing Job growth among Poor
Capital Access among Impoverished Segments
Clear Water, Closed Sewers, Clean Air
Human Dignity: Prevent Child Labor
Homelessness/Neglect of Elderly
Protection from Criminal Elements