2. Social Entrepreneurship
Social entrepreneurship is all about recognizing
the social problems and achieving a social change
by employing entrepreneurial principles, processes
and operations
It is all about making a research to completely
define a particular social problem and then
organizing, creating and managing a social
venture to attain the desired change
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3. Characteristics
Focus on social problem
Change agent
Social value
Every one can be a social entrepreneur
Charitable consciousness with business strategy
Every problem represent a resource
Satisfaction
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4. Approaches of Social
Entrepreneurship
The innovation school of thought
The social enterprise school of thought
Emergence of social enterprise in Europe (EMES)
UK approach
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5. The Innovation School of Thought
Individuals tackle social problems and meet social
needs in innovative manner
Innovation in solving social problems is the most
important factor
Other factors like revenue, replicability and
scalability are desirable ,but not mandatory
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6. The Social Enterprise School of
Thought
Non-profit venture that generates earned income
Serve social mission
Generating income streams independent from
subsidies and grants
Promotes the idea that adopting business methods
is a successful way to improve the effectiveness of
non-profit organization and make them more
entrepreneurial
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7. EMES Approach
Developed by the Emergence of Social Enterprise
in Europe Research Network
Social enterprise are launched by a group of
citizens, enjoys a high degree of autonomy,
participatory in nature and does not base decision
making power on capital ownership
Based on associations, cooperatives, mutual
organizations and foundations
Aim to benefit the community
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8. UK Approach
Developed by Social Enterprise Coalition that
creates the social enterprise unit within the
Department of Trade and Industry , UK
Business with primarily social objectives whose
surpluses are principally reinvested for that
purpose in the business or community rather than
being driven by the need to maximize profits for
shareholders or owners
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9. Sustainability of Social Enterprise
Accept the challenge
Specialization
Be futuristic
Focus on business purpose
Reinvention and updating
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12. Management
Investment
Flexibility in management
Training
Work with communities
Focus on human resources
Ethical management
Enthusiasm and support
Responsive
Networking
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