Concept Of Social Entrepreneurship Research Articles

REGULATIONS ON SOCIAL ENTREPRENEURSHIP: EUROPEAN EXPERIENCE

Support of social entrepreneurship is a promising area of economic and social development of Ukraine, while the domestic regulatory framework does not define the concept of social entrepreneurship, and therefore the formation of the necessary mechanisms of public administration to support it is problematic. This study analysed the understanding of the concept of “social entrepreneurship” in regulations and official documents of the European Union and EU member states, such as Belgium, the Czech Republic, Denmark, Romania, Slovenia, Finland, and the former UK member states; the common elements of this concept are established and the author's definition of social entrepreneurship is formulated as a proposal for use in the Ukrainian system of public administration and relevant regulations; the legal basis for the regulation of social entrepreneurship in the above countries is outlined for use in further research to determine the necessary mechanisms of public administration in the field of social entrepreneurship in the reintegration of servicemen, veterans of ATO / JFO and their families.

Social Entrepreneurship: Global Emerging Trend

Social Entrepreneurship has significantly progressed and is well appreciated globally. It is the way of pursuing innovative solutions to societal problems. Social entrepreneurs act as the change agents for society like traditional entrepreneurs change the profile of the business. They tirelessly pursue opportunities to create and sustain social value to serve the community. This paper builds on the literature to study the concept of social entrepreneurship, examines the various challenges faced by social entrepreneurs, discusses the scope of social entrepreneurship and puts forward the initiatives taken by disparate social entrepreneurs.

PENGABDIAN MASYARAKAT CARA MENGEMBANGKAN POTENSI DAERAH MENJADI PARIWISATA UNGGULAN DI DESA HARIARA POHAN

Entrepreneurship is a creative and innovative ability, keen to see opportunities and always open to any positive input and changes that can bring the business to continue to grow. Businesses should have value and be useful where this can be done through the application of the concept of social entrepreneurship. Various groups have begun to discuss the concept of social entrepreneurship as an innovative solution in solving social problems. The purpose of social entrepreneurship is the realization of social change in a better or positive direction and solving social problems for the benefit of the community

Worlds Apart

The concepts of social enterprise and social entrepreneurship have been ever more present in public discourse during the past 20–30 years, along with radically different views of the kind and level of socioeconomic or political change that these specific economic ventures (should) aim for. Although social enterprise discourse is often dominated by neoliberal perspectives, which present market-based activity as simply an efficient means of solving all kinds of more or less local and isolated social problems, more critically minded strands of research have been questioning this approach and calling for a broader and more critical perspective. This paper aims to see how these opposing discourses are represented in the Croatian news media, as a discursive sphere which is accessible to a broad public. The analysis focuses on online media in the period 2007–2019 and is based on a comparison between three media types: the online versions of a national daily newspaper and a regional daily newspaper, as well as an online-only progressive non-profit news site. A stark contrast is apparent between mainstream commercial media and alternative non-profit media, i.e. a dominance of neoliberal “enterprise discourse” in the former and more emphasis on a broader political and economic agenda calling for more fundamental, comprehensive and long-term change in the latter.

Pengabdian Masyarakat Cara Mengembangkan Potensi Daerah Menjadi Pariwisata Unggulan Di Desa Hariara Pohan

Entrepreneurship is a creative and innovative ability, keen to see opportunities and always open to any positive input and changes that can bring the business to continue to grow. Businesses should have value and be useful where this can be done through the application of the concept of social entrepreneurship. Various groups have begun to discuss the concept of social entrepreneurship as an innovative solution in solving social problems. The purpose of social entrepreneurship is the realization of social change in a better or positive direction and solving social problems for the benefit of the community

Lessons on social entrepreneurship in the health sector – the Swasth story

Theoretical basis This case uses the concept of social entrepreneurship to analyze the entrepreneurial journey of Mr Suraj Prakash and his social enterprise, the Swasth Foundation. It further deepens our understanding of strategic decision-making by exploring the successful use of pivots. Research methodology The case was primarily developed through a series of interviews with the leadership team over a year. Secondary sources included literature about Swasth Foundation available on the internet and those shared by the founder. Case overview/synopsis In 2008, Suraj Prakash left McKinsey & Company after six and half years in the health and development sector as an engagement manager. Along with his friends, Aman Paul and Ankur Sharma, he established Swasth with the goal of building an ecosystem that delivered high-quality, affordable and accountable health services to low-income communities in India. Right from its inception, Swasth went through many fundamental shifts in terms of its business model, team composition and even the nature of its existence; however, this did not deter Suraj from pursuing his goal. The case brings into focus the health-care system of India, especially in the context of the urban poor and the challenges they are facing, followed by the initiatives taken by Swasth Foundation and the impact it is trying to create. The remainder of the case delves into Suraj’s entrepreneurial journey and the three pivotal decisions that changed the course of his organization over 11 years. It will also provide a transpicuous view of the entrepreneurial decision-making process through the lens of pivoting. As Suraj and his team are trying to bring about the required changes through the third pivot, there remain some challenges that need to be addressed for a successful implementation. Complexity academic level The case is written for business management students and can be used in general management, entrepreneurship and strategy classes. The case can be used for discussions on leadership, social entrepreneurship and strategic decision-making. It is suited for both undergraduate and postgraduate levels.

Impact of Social Entrepreneurship in SMEs of India

The study sheds light on the concept of social entrepreneurship and its impact on SMEs in India. Social entrepreneurship is considered as the innovative business ideas that are not only effective to enhance the profit margin of organisations but also able to solve specific social problems. Analysing the effectiveness of social entrepreneurship approach on SMEs in India is the main purpose of this article. Different perspectives of different authors are identified from several articles and journals which are analysed. It is identified from the reviewed articles that social entrepreneurship education has become a vital part of higher education in India. Secondary quantitative design is used as a method in the study for gathering numerical data from financial reports of some selected organisations. There are a few small enterprises in India that have adopted the social entrepreneurship approach such as Shilpa Medicare, Selco, Rangasutra and others. All these organisations provide services that lead to social development. A brief description of services and products of these organisations is presented in the study for better understanding of the impacts of social entrepreneurship on SMEs. Thereafter, created graphs and ANOVA statistics from the numerical data are analysed for understanding the effectiveness of social entrepreneurship on SMEs in India. Keywords : Social entrepreneurship, SMEs, social development, profit growth, social enterprises.

Social Innovation for Sustainability and Social Inclusion

Companies are realising now that business is not only about selling products to rich consumers but also to serve the underserved bottom-of-the-pyramid (BOP) markets. Serving these customers calls for innovative methods. This had led to reinventing business models to expand the nature of their businesses from mere commercial motives to social ones as well; the understanding that businesses succeed if they go beyond their mandate of making profits. The future rests on three paradigm shifts taking place in BOP approaches: innovation, transformation of companies into social enterprises and technological advancements that bring products closer to BOP consumers. That is to say, companies today re-invent their business models and their very approach of doing business. Such companies stand a greater chance of success and long-term survival. This article describes the concepts of social business, social entrepreneurship and social innovation. We illustrate the concepts with mini case studies or examples of several companies that have achieved innovation in products, business models or processes to serve BOP markets. We describe efforts that solve problems of consumers who are disadvantaged because of distance, education or purchasing power. If this ‘social innovation’ betters the life of consumers, it could result in sustainability and inclusive development. The world is slowly realising that the existing business models that place importance on relentless pursuit of profits are causing immense damage to our society and environment. The objectives of business must change. Milton Friedman’s famous saying, ‘the sole purpose of a business is to generate profits for its shareholders’ is no longer accepted today as businesses find that they must cater to social objectives as well. This article describes that this can well be achieved, as illustrated by several companies who achieve both—financial profits and social good. Drawing from examples of successful initiatives, new business models are being created that provide affordable products and services for disadvantaged consumers. We have taken elements from the business models of these companies to figure out what the future looks like. These companies, we find, found solutions through an action-oriented mindset to solve long-standing problems. Firms that embrace experimentation and rapid prototyping stand to win huge new markets and profits. They invest in distribution and training of local resources, develop innovative products and processes, involve stakeholders and above all, build a social purpose in their objectives. Social innovation and social entrepreneurship shift the focus of governments and companies towards neglected or BOP consumers who are otherwise unapproachable. Examples of social innovation show that it touches the lives of millions of people, empowers them and leads to sustainability. Investments in social innovation that are both sustainable and socially inclusive are the need of the hour.

Student and faculty perceptions on an entrepreneurship course: an exploratory study from Oman

PurposeEntrepreneurship-oriented courses are increasingly being offered in higher education institutions (HEIs) around the world. However, in the case of Oman, where this study was conducted, little or no research has been conducted, to date, to explore the perceptions of students and faculty members regarding the entrepreneurship-oriented courses they participate in, which is a serious gap in the literature. This study aims to fill this gap by examining the beliefs and conceptions that learners and faculty at a private HEI in Muscat, Oman, had about the course entitled Entrepreneurship and New Venture Creation (ENVC).Design/methodology/approachThe primary and secondary research questions are addressed using a mixed-methods approach that includes an online student questionnaire answered by 110 students who had studied the ENVC course, a focus group discussion with eight students facilitated by MS Teams and semi-structured interviews with two faculty members.FindingsThe findings revealed that the study participants had a very positive view of the ENVC course discussed here as they pointed to several benefits, including improved knowledge of business and entrepreneurship concepts, increased familiarity with the local business environment, development of entrepreneurial intention and improvement of their critical thinking, creativity and innovation skills. In addition, the results revealed some concerns among the participating students, particularly regarding the lack of adequate training sessions on risk management and financial planning. The participants also requested hands-on experience through industrial entrepreneurship training and in-residence-entrepreneurship programs.Research limitations/implicationsThis study raises a number of possibilities for further research on this type of course in terms of students’ employability skills, know-how and agency when the time comes for them to enter the real world of business and employment. Future work would benefit from using a longitudinal survey on a group of alumni to triangulate and compare the various findings that were reached here. It would certainly be even more fruitful if conducted at two or more HEIs and with larger population samples to ensure broad coverage, representation and generalization. Work along these lines would certainly refine and extend our findings.Practical implicationsThis study has significant pedagogical implications for future graduate students seeking employment, entrepreneurship course developers and faculty. Relatively, the educational outcomes of entrepreneurship education will also rely on the way entrepreneurship is being taught to students. It is recommended that entrepreneurship teaching should focus on cognitive development and active implementation of in-house incubation for well-planned innovative business ideas. This will provide opportunities for students to gain real-life experiences and identify their strengths and weaknesses, as well as the areas and skills that need to be maintained; hence, further research on the effectiveness of in-house incubation could best be considered for the next study. Another concern raised in this study is the lack of training in financial planning. Hence, further research can be considered on how to improve the financial planning skills of students for a start-up journey.Social implicationsThis course is designed in alignment with Oman Vision 2040, which places great emphasis on entrepreneurship as it plays an important role in the planned economic diversification and sustainability, in which innovation derived from entrepreneurship development will be used as the main driver for the development of infrastructure and educational systems that encourage entrepreneurship. Moreover, the ENVC course focuses on the concept of social entrepreneurship. It inculcates a sense of responsibility for supporting the immediate society among students. Learning the perceptions of students and teachers will provide opportunities to achieve their academic goals, which will reap economic and financial returns in the long run. The development of entrepreneurial skills and intentions of students will eventually help in boosting the country’s economy and its social fabric, thus improving the overall quality of life of Omani society.Originality/valueEven though this study is an exploratory investigation, the framework sets out clear empirical insights into the entrepreneurship course development, its main contents, assessments and learners’ and faculty members’ perceptions of the design, intent, content and delivery of the ENVC course and has crucial implications for all the stakeholders. The originality of this case study lies in the fact that it is the first of its kind in the body of research as it links theory to practice and will be a useful reference for entrepreneurship course developers, higher education faculty and students.

Social Impact of Social Enterprises: A Systematic Review

Social impact is a highly valued concept of social entrepreneurship. However, there is a continuous scholarly debate on what social impact is and how it should be measured. Through a systematic review, we assess the construct clarity of social impact, examining its definitions, scope conditions, semantic relationship to constructs, and coherence. Our findings suggest that social impact lacks construct clarity. Building upon Gallie’s theory of essentially contested concepts, we show that social impact can be regarded as an essentially contested concept and suggest a conceptualization of social impact as a cluster concept. Turning to Mandelbrot’s theory of fractals and the property of multi-similarity, we conjecture that essentially contested concepts further consist of essentially contested sub-components in the field of social entrepreneurship. Drawing on several disciplines, this review resolves existing tensions on the concept of social impact and facilitates future research on assessing social impact

Improving The Welfare of Street Children with The Concept of Social Entrepreneurship in Majalaya District

This article discusses solutions to social problems in Majalaya District, namely street children. Street children should be protected and their rights guaranteed as children in general, in order to become useful human beings and have a bright future. Currently, the handling of street children has begun to be activated properly. It can be seen from the number of shelter houses, orphanages, and studios that facilitate street children in developing themselves with education and soft skills. By being oriented to a social mission, or in this case to help provide the welfare of street children, the concept of social entrepreneurship can be used. Through the use of the embedded social enterprise model and the franchise model, where social enterprises are designed to achieve the goal of creating social and economic value, it will be suitable to be applied in a container to accommodate street children.

Social Entrepreneurship as a Panacea to Mitigate Nigerian Youth Unemployment

This paper is anchored on social entrepreneurship as a panacea for mitigating unemployment among the Nigerian youth. Without overemphasizing the condition of unemployment in Nigeria, an avalanche of studies have substantiated this assertion by reporting that the rate of youth unemployment is on the increase in Nigeria, causing frustration, dependency and dejection. With the increasing turnout of graduates yearly from tertiary institutions, many gradates still remain unemployed for a long time after graduation. The major objectives of the paper are; to examine the concept and meaning of social entrepreneurship, identify the role and importance of social entrepreneurship in mitigating youth unemployment in Nigeria, and to know the challenges of social entrepreneurship in Nigeria. However, this paper is mainly qualitative, hence relied on secondary sources of data. The methodological approach in this paper, therefore, is based on content analysis while social network theory remains the theoretical thrust.

Social Entrepreneurship: a poorly recognised element of Entrepreneurship Education at HE institutions

Entrepreneurship has become a critical competency in the 21st century. Higher education (HE) institutions, aware of the need to answer market needs, have started several initiatives to develop entrepreneurial education. However, the concept of social entrepreneurship does not seem to be widely known among graduates. The aim of the article is an attempt to assess entrepreneurial competencies and knowledge in the field of social entrepreneurship. The authors have focused on the teaching of social entrepreneurship, an undervalued element of entrepreneurial education in HE institutions. For that purpose, a case study of a course introduced at the academic level was used, which allowed answering the following questions: Is social entrepreneurship known among students as a possibility for entrepreneurial development? How do they assess a course in social entrepreneurship regarding its usefulness and ability to develop competencies? The study shows that social entrepreneurship seems to be a form that is not well recognised, which means that students do not even have the chance to know the whole entrepreneurship picture. Researwch has shown students’ positive approach to a course devoted to social entrepreneurship and its potential to develop the knowledge and skills to run one’s venture in the future. The results are a part of a broader trend related to the need for social entrepreneurship in HE institutions.

Social Entrepreneurial Activities for Rural Livelihood Improvement and Poverty Reduction

Many countries have begun to pay more attention to the concept of social entrepreneurship simply because it is considered as an efficient method for the sustainable development of underserved areas as well as for the acceleration of government initiatives and private investment. The activities of social entrepreneurship have emerged as an efficient method for the creation of solutions for social issues including accessibility to education, healthcare, water, food, and electricity supply. A researcher collected the data in the field and analyzed it using a qualitative case study methodology. This study was conducted at CHEMA (Community Habitat Environmental Management), a non-governmental organization in a rural area located in Karagwe, Tanzania. The research sample yielded a total of 16 important informants, including 10 employees and 6 peasants who participated in focus groups. The research findings indicated that social entrepreneurship projects relieve poverty and improve rural livelihoods in Tanzania by increasing and strengthening agricultural production, increasing people's ability to deal with hunger, preserving the environment, maximizing household income, and enhancing the effectiveness of agricultural activities. Even though social entrepreneurship has helped rural communities improve their lives and reduce poverty through its activities, the projects have not made a big difference because of problems like donor dropout, lack of knowledge, and poor infrastructure in rural areas. Despite all the advantages of social entrepreneurship projects, the social entrepreneurship concept is still in its infancy stage in Tanzania, which brings a lot of questions to society. It is advised that more research on impacts of social entrepreneurship projects should be done by scholars to gain more attention to contribute more awareness for both government and private organizations.

Social function of the state and social entrepreneurship: aspects of correlation

The aim of the study is to analyze the correlation between the social function of the state and social entrepreneurship, as well as to identify the problems of implementing the concept of social entrepreneurship in Ukraine, resulting from the shortcomings of the implementation of the social function of the state. The research focuses on the fact that only the effective implementation of the state’s social function leads to the formation of this state as a social one. At the same time, the institute of social entrepreneurship is considered as one of the most effective tools for implementing the social function of the state. Attention is focused on the fact that the implementation of the concept of social entrepreneurship is carried out within the social function of the state and solves a set of problems of a private and public nature, in particular, access to financial resources of persons who have a corresponding idea aimed at solving the social needs of society, but do not have sufficient resources for its implementation. It is concluded that social entrepreneurship also correlates with the functions of law, primarily the economic function and the function of public consent. The distinction between charity and social entrepreneurship in the aspect of the functions of the state and law is made. Common features are that both institutions are aimed at solving the problems of society and individuals, reducing social tension, and therefore are implemented within the social function of the state and the function of public consent of law. But the institution of social entrepreneurship is also implemented within the framework of the economic function of the state and law, therefore, it is aimed, in addition to social goals, at the development of the economic system of society. The study identifies a number of problems that hinder the development of social entrepreneurship in Ukraine, including problems of access to sources of additional financing, their non-transparent distribution, abuse of business entities themselves, insufficient state support, and so on. As can be seen, such problems stem not only from the point flaws of the economic system of society, but from the distorted implementation of the social function of the state as a whole. In the future, this affects the effectiveness of the functions of law, which are directly related to the social function of the state.

Toward Economic Growth and Value Creation Through Social Entrepreneurship: Modelling the Mediating Role of Innovation.

The concept of social entrepreneurship emerged as a significant factor that contributes toward public welfare and prosperity. Recent studies showed that social entrepreneurship influences the economic growth and sustainability of the state. Therefore, the underlying aim of this study was to investigate the impact of social entrepreneurship on sustainable economic growth and value creation. This study also undertook to observe the mediating role of innovation in the relationship between social entrepreneurship and sustainable economic growth and between social entrepreneurship and value creation. A questionnaire technique was adopted to obtain data from 343 tour operators in China. The Smart-PLS software was used to analyze the data through the aid of a structural equation modelling (SEM) technique. The results revealed that social entrepreneurship has an effect on sustainable economic growth and value creation. The results also demonstrated that innovation has an effect on sustainable economic growth and value creation. Moreover, it was also observed that innovation mediated the relationship between social entrepreneurship and sustainable economic growth and between social entrepreneurship and value creation. Theoretically, this study made a valuable contribution by examining the impact of social entrepreneurship on sustainable economic growth and value creation and innovation as a mediator. In terms of practical implications, this study would certainly aid the policymakers to devise policies and strategies aim to encourage and promote social entrepreneurship. Moreover, future studies can introduce other mediating and moderating variables in order to gain a deeper insight into the phenomenon.

Towards the transformative social economy: Proposal of a system of indicators for cooperative social entrepreneurship

This paper presents the process of elaboration of a system of indicators designed for and by the social entrepreneurs of the Koopfabrika program in the territory of Gipuzkoa (Basque Country) and the results obtained. This tool, developed through Participatory Action Research methodologies, aims to facilitate the establishment of objectives, criteria and measurement indicators so as to enable new social enterpreneurs in the territory to move towards more transformative forms of social economy. The theoretical approach of this study is mainly framed within the field of Social and Solidarity Economy, more specifically within the Behavioral Theories developed by Dennis Young which gave rise to the concept of social entrepreneurship. The paper aims to provide new knowledge and new perspectives on the motivational logics of social entrepreneurs.

The Implementation of Social Entrepreneurship Concept at the Al-muhajirin Islamic Boarding School

This research is motivated by the results of previous studies which formulated that Islamic Boarding School (Pesantren) that adopt the concept of social entrepreneurship will be able to survive in the future because they have a clear core business platform. They are not only playing a role in education, but are also able to contribute in the community economic empowerment. This research will be focused on a case study in Al-Muhajirin Islamic Boarding School in Purwakarta, West Java, Indonesia through using a descriptive-analytical method and qualitative approach. The sources of the data are obtained from various relevant literatures, observations, and interviews with the informants related to the implementation of the concept of social entrepreneurship empowerment based on Islamic values in Islamic Boarding School. The data collection techniques are obtained from book review, documentation, interview, and they are analyzed deductively and inductively. The result of this study indicates that the Al-Muhajirin Islamic Boarding School has succeeded in implementing the concept of social entrepreneurship in its management and governance, able to produce independent graduates, and also has contributed positively in improving the economic welfare of the surrounding community.

Financial support of development and tools of financial support of social entrepreneurship

The purpose of scientific research is to analyze the process of financial support and to outline the tools of financial support for its development in modern conditions. The article considers the concept of social entrepreneurship as a phenomenon of the modern economic system of Ukraine. The point is that social entrepreneurship aims to ensure social, economic and environmental impact in communities. Social entrepreneurship must also solve social problems through a certain mechanism of economic activity, which is determined by innovation and systematic work. The methodological basis of the study is the theoretical justification of financial support for the development of social entrepreneurship in Ukraine and analysis of the tools of its financial support. The scientific novelty of the obtained results lies in the substantiation of the necessary measures of financial support in the activities and development of social entrepreneurship with outlining the effect of the use of financial resources at the regional level. Conclusions. The study found that in the context of permanent crises that occur in the country, it is necessary to take care of diversification of sources of financial support for the development of activities and the choice of effective tools for raising and regulating funds in social entrepreneurship. Successful financing of social enterprises in the state should result in employment (especially vulnerable categories of citizens) and ensuring quality social benefits in communitiesThe authors point out that the low level of protection of citizens in the social sense and regional unemployment are for the constant search for alternative sources of financing for social enterprises and the search for the latest tools for managing funds. The issue of financing social entrepreneurship by governmental and non-governmental organizations has been studied of Ukraine. The factor of influence of organizational and legal form of conducting economic activity on the process of financing and mechanisms of its realization is analyzed. Problems that slow down the development of social entrepreneurship in the country and prevent the effective use of available funds and alternative search for new ones are presented. Possible ways to finance social entrepreneurship are provided, shown by the example of crowdfunding crowdfunding is a non-refundable investment in the activities of social entrepreneurs. The effect of financing social entrepreneurship on filling the budgets of different levels is outlined. The optimal OPF of management and methods of financial development in the pre-crisis and post-crisis period are offered. Key words: social entrepreneurship, traditional business, financial provision, financial instruments, state support.

SOCIAL ENTREPRENEURSHIP: A CONCEPTUAL TAXONOMY

Social entrepreneurship is a pivotal theme that generates debates both in academia and industry. Even though the concept of social entrepreneurship has gained traction and become influential in a wide spectrum of areas, such as sociology, social work, the economy, and politics, an ambiguity persists with regard to its models and meanings. In this context, the paper aims to clarify the definition of social entrepreneurship by considering how the concept has informed a variety of theoretical approaches used to explore socioeconomic reality. This paper distinguishes between three perspectives: social entrepreneurship as a cultural orientation, social entrepreneurship as a management strategy, and social entrepreneurship as a political philosophy. Such a clarification could help entrepreneurial studies reach a new level of understanding by providing an analytical framework to navigate the intricate landscape of what constitutes the double and triple bottom lines.