Abstract

This article presents a causative approach to the field of connection between social entrepreneurship and democracy. The background of social entrepreneurship appearance and improving of democratic norms in the developed countries are shown. The impact of democracy on social entrepreneurship is described by paying attention on the following issues: (1) Analyzes of different scientists views on the essence of entrepreneurship and entrepreneur. (2) The role of democracy development for forming creative society with free people and freethinking. (3) Situation in the Ukrainian society in the sphere of social entrepreneurship promoting and further strengthen of democratic norms. Introduction of the paper briefly displays the importance of social entrepreneurship increase for society enhancements and growing democratic initiatives. Part I discusses the democratic development and social entrepreneurs activities as main factors for future prosperity of the country. In Part II, the attention is concentrated on social entrepreneurship promoting in Ukraine and its impact for further society development as real example with its peculiarities due to the political and economic situation in the state.

Highlights

  • The idea of “social entrepreneurship” has struck a responsive chord

  • It is a phrase well suited to our times. It combines the passion of a social mission with an image of business-like discipline, innovation, and determination commonly associated with, for instance, the high-tech pioneers of Silicon Valley

  • The time is certainly ripe for entrepreneurial approaches to social problems

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Summary

Current Theories of Entrepreneurship

Contemporary writers in management and business have presented a wide range of theories of entrepreneurship. Many of the leading thinkers remain true to the Say-Schumpeter tradition while offering variations on the theme In his attempt to get at what is special about entrepreneurs, Peter Drucker starts with Say’s definition, but amplifies it to focus on opportunity. After identifying several dimensions of difference, he suggests defining the heart of entrepreneurial management as “the pursuit of opportunity without regard to resources currently controlled.”. He found that entrepreneurs see and pursue opportunities that elude administrative managers; entrepreneurs do not allow their own initial resource endowments to limit their options. We have a definition of entrepreneurship that is not limited to business start-ups

Differences be tween Business and Social Entrepreneurs
Defining Social Entrepreneurship
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