Thursday, November 21, 2019

Social and Community Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words

Social and Community Entrepreneurship - Essay Example Social entrepreneurs look to market products to meet the human needs as much as possible, distinguish themselves from other social venture players by doing real things. The importance of social entrepreneurs is called by their ability to be relentlessly focused on influence and society’s changes and implementations of innovations that would help to build platforms for many people in order to enable them to think about positive impact on the global move (Osberg and Martin, 2007). The purpose of study of social entrepreneurship is to suggest factors associated with changes and how societies renew themselves. It will investigate the role of social entrepreneurs, challenges and pathway that made them move into social entrepreneurship. Since, the potential of social entrepreneurship is beyond human thought, the concrete example of such man, as the founder of Toms Company will be investigated and its nature and social impact will be studied. A concept of social entrepreneurship is already a widespread thing, according to the Global Entrepreneurship Monitor (GEM Global Report, 2014). The GEM network conducted a global survey on the adoption of social entrepreneurship among forty-nine countries. The results showed an more than one adult in forty participants were already involved into some social entrepreneurship activity (see Appendix A). In modern time, more companies become social entrepreneurs to be able to puzzle upon such social issues as increasing college enrollment rate for students with low-income and fighting with poverty by using numerous innovative nonprofits, social-purpose ventures and hybrid organizations to generate social value for the society (Noruzi, Westover and Rahimi, 2010). Wealth creation is a part of entrepreneurship, but is not the end in itself. What is more important, it is the promotion of social change that sees the opportunities to improve systems, create solutions and develop new approache s for creation of social value (see

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