Social Entrepreneurship Flashcards
(31 cards)
effects of capitalism
Large businesses and corporations,
rapid growth of different industries
(Industrial revolution)
Competition, R&D, technological
advancement; improved products,
services and alternatives
Higher quality of life
Monopolies, Oligarchies
Environmental costs and social issues
primary objective of capitalism
higher revenue and profits
Social entrepreneurship
A process of creating __ by
_______
intended primarily to explore and
exploit opportunities to ______ by __________________________
value ; combining resources in new ways ; create social value ; stimulating social change or meeting social needs.
Involves the offering of services and
products as well as creation of new
organizations
Social entrepreneurship
vital to the progress of societies as entrepreneurship is vital to the progress of economies.
social entrepreneurship
Social entrepreneurship
It is about finding ____ and ______ to
_______ and __________
new ; better ways ; create ; sustain social value.
SOCIAL ENTREPRENEURS
They apply ____, combine __________, and involve ___________ (supply
sources, distribution outlets, or methods of production) to achieve their goals.
cutting-edge research ; innovative
practices ; new technologies
May also occur in an
established organization or refer to nonprofit organizations & governments in
partnership with the private sector.
Social entrepreneurship
Sustainable Entrepreneurship
Ecopreneurship (green capitalism, environmental entrepreneurship)
Social entrepreneurship
Corporate Social Responsibility (established in large corporations)
SOCIAL ENTREPRENEURS
They are ______ — they create large-scale
change using pattern breaking ideas.
change agents
the most important criterion, not
wealth creation. Wealth is only a means to an end for social entrepreneurs
social mission
SOCIAL ENTREPRENEURS
They possess the _____ to create systemic change by introducing a new idea and persuade others to adopt it.
ambition
SOCIAL ENTREPRENEURS
They address the ______ of social problems
root causes
SOCIAL ENTREPRENEURS
They have a ________ of their social issues area.
deep knowledge
SOCIAL ENTERPRISES
An enterprise setup or driven by ___
social goals
Social entrepreneurs AKA
- Public Entrepreneurs
- Civic Entrepreneurs
- Social Innovators
TRUE OR FALSE
social goals may also exist in organizations which are not technically social enterprises.
TRUE
Social Enterprises are best identified by defining social
entrepreneurship activity in a ___________ ;
continuum
Social Enterprises are best identified by defining social entrepreneurship activity in a continuum:
- on one end are social enterprises driven exclusively by
producing social benefits - on the other are social enterprises that are motivated
by profitability with social benefits.
Ecopreneurship
Eliminate the concept of waste
Restore accountability
Make prices reflect costs
Promote diversity
Make conservation profitable
Insist on accountability of nations
Assets Facilitating SUSTAINABILITY in Social Entrepreneurship
The Internet
Social Venture
Capitalists
Social Impact
Investing
Shared Value
Companies taking the lead in bringing business
and society back together.
An approach to creating economic value that also
creates value for society by addressing its needs
and challenges.
It connects company success with social progress.
It goes beyond social responsibility or
sustainability, transforming business thinking.
Triple Bottom Line (3)
Economic Performance Measures
Environmental Performance Measures
Social Performance Measures
Related to the bottom line and
income flows
Economic Performance Measures
