scholarly journals Construction of Social Value in Entrepreneurship: Social Entrepreneurship

Author(s):  
Sabahat Bayrak Kök ◽  
Esvet Mert

We believe that income divide among countries due to globalization, growing poorness and increasing unemployment aroused a necessity for social values to create on economical base. In this context arising economical and social issues bring some new responsibilities upon international institutions, governments, NGO’s, and firms. Social entrepreneurship concept is among these responsibilities. This concept is particularly important for firms that are placed in intersection of private and third sector and other institutions adopting market-based methods. Social entrepreneurism that focusing on social missions affect all the decisions how to capture and evaluate opportunities in all the dimensions of life. Social entrepreneurs who are motivated by social bearings rather than solely making profits are present in social and cultural aspects of life in addition to presence in the market. In this study social entrepreneurism producing more economic and social value than its traditional counterpart is about to be examined in Turkish context with two awarded cases. First is SineMASAL (Cine-Tale) social entrepreneurship that aims to embrace all the rural kids with artistic fields including the cinema. This entrepreneurship particularly aims to provide country kids who have limited access to social and economical life with some opportunities that would help them to have a better future, at least to support them having a positive attitude towards potentialities. Another one is the e-Hastam (My e-Patient) entrepreneurship that matches physicians and patients on virtual platform where everybody could benefit from actual health information and activities.

Author(s):  
Cristina López-Cózar-Navarro ◽  
Tiziana Priede-Bergamini

In the past few decades, a new way of responding to social and environmental problems has emerge: the social entrepreneurship. It is presented as a special type of venture, in which the creation of social value prevails over the maximization of profits. Thus, the main objective of these types of ventures is to serve the community and to search for a positive social change. In this chapter, in addition to presenting the concept of social entrepreneurship and its various approaches within the so-called third sector and the emergent fourth sector, the main sources of funding that can be used by social entrepreneurs are also presented, especially business angels and crowdfunding, are detailed. New paradigms such as the collaborative economy and the circular economy are also addressed within social economy, highlighting the relationship with social entrepreneurship and the path of opportunity to foster new ventures in these fields.


2019 ◽  
pp. 218-238
Author(s):  
Cristina López-Cózar-Navarro ◽  
Tiziana Priede-Bergamini

In the past few decades a new way of responding to social and environmental problems has emerge: the social entrepreneurship. It is presented as a special type of venture, in which the creation of social value prevails over the maximization of profits. Thus, the main objective of these type of venture is to serve the community and to search for a positive social change. In this chapter, in addition to presenting the concept of social entrepreneurship within the so-called third sector and its various approaches, the main legal forms are also presented, from the cooperatives to the newest initiatives carried out in different countries. Likewise, the different sources of funding that can used by social entrepreneurs, especially business angels and crowdfunding, are detailed. Finally, new trends such as the bottom of the pyramid and the positive social change are addressed within social entrepreneurship.


Author(s):  
Cristina López-Cózar-Navarro ◽  
Tiziana Priede-Bergamini

In the past few decades a new way of responding to social and environmental problems has emerge: the social entrepreneurship. It is presented as a special type of venture, in which the creation of social value prevails over the maximization of profits. Thus, the main objective of these type of venture is to serve the community and to search for a positive social change. In this chapter, in addition to presenting the concept of social entrepreneurship within the so-called third sector and its various approaches, the main legal forms are also presented, from the cooperatives to the newest initiatives carried out in different countries. Likewise, the different sources of funding that can used by social entrepreneurs, especially business angels and crowdfunding, are detailed. Finally, new trends such as the bottom of the pyramid and the positive social change are addressed within social entrepreneurship.


2017 ◽  
Vol 26 (2) ◽  
pp. 137-162 ◽  
Author(s):  
Philip T. Roundy ◽  
Michaël Bonnal

Social entrepreneurship is an activity that is receiving intense scrutiny from scholars, practitioners and policymakers. However, research is only beginning to explore the unique function social entrepreneurs fill in the marketplace. This conceptual article examines if social entrepreneurs indeed represent a novel category of market actor. Building on prior work claiming that the unique function of social entrepreneurs is the creation of positive externalities and generation of spillover benefits for society, we compare social entrepreneurs with conventional entrepreneurs and other entities that seek to increase social welfare, including governments and traditional nonprofit organisations. Specifically, we contend that the strengths of social entrepreneurship are its reliance on voluntary exchange, promotion of dignity and self-sufficiency in beneficiaries, attunement to the signals of the marketplace and ability to tap into consumer spending. We also uncover the limitations of social entrepreneurship, which include the challenge of combining multiple institutional logics, the existence of social issues around which viable businesses cannot be built, dependence on consumer demand and competitive disadvantages relative to conventional businesses. We discuss the implications of our conceptualisation of social entrepreneurship for practitioners, policymakers and future research.


2020 ◽  
pp. 193-198
Author(s):  
A. N. Timokhovich ◽  
O. I. Nikuradze

The problems of measuring the efficiency of social entrepreneurship have been affected. The aim of the study is to identify the most relevant methods for measuring social value and evaluating the effects that arise as a result of the activities of social organizations. Various interpretations of the definition of the term “social entrepreneurship” have been given in the article. The main elements of the process of social entrepreneurship, features of the goal setting and risks of activities in the study area have been emphasized. The stages of planning activities in the field of social entrepreneurship have been described. The most common problems of measurements and evaluation of social effects that social entrepreneurs have to deal with in the process of carrying out activities related to the implementation of social projects: difficulty in achieving a quantitative evaluation, difficulty in predicting the long-term effect of activities, limitations on costs, time resources, indicators of accuracy and interpretation of results have been revealed. Problems in forecasting the effectiveness of social projects have been identified. The main methods that can be used by social entrepreneurs and organizations for measuring the social value and assessing impact of ongoing activities (method of cost-benefit analysis, method of social accounting, method of social return on investment, method of analysis of the main resources of efficiency) have been analysed. Recommendations for social entrepreneurs have been formulated.


Author(s):  
Jorge Colvin Díez ◽  
José Manuel Saiz-Alvarez

The social entrepreneur has been analyzed from many perspectives, either from its social impact, its proposed social value, or its direct or indirect action. This chapter attempts to analyze the entrepreneur from a new approach: the perspective of the leader. Therefore, the question arises: is leadership in social entrepreneurs an evolutionary process or not? Is it a natural ability or a learned technique? Is the social entrepreneur a leader born or made? To answer this, [1] we will analyze the main contemporary theories of leadership from two different paradigms (Colvin, 2013), [2] we will define new concepts in the world of social entrepreneurship, [3] we will establish a life cycle of strategic leadership promoted by the social entrepreneur focused on his or her organization in order to serve as a seed for the intended social impact.


Author(s):  
Hale Cide Demir

The intense competition and change by globalization and digitalization in the 21st century have made organizations and people face opportunities, threats, and uncertainty. Digitalization allows new and original business models and thus, presenting changes as a service or benefit to the consumer has become more important. A network is the most powerful instrument of social entrepreneurs or other employees to adapt to the new order. A very important tool of the new order is the blockchain technology which allows more secure, efficient, and trustworthy social enterprises. Social entrepreneurship is the process of establishing social enterprises to create social benefits and the relevant social value is general non-financial effects of programs, organizations, and interferences that include the wellbeing of people and communities, social capital, and the environment. This study tries to define and theorize that the results of digitalization can be managed by increasing social entrepreneurship and the resulting social impact and networking have an easing effect on this method.


2017 ◽  
pp. 414-428 ◽  
Author(s):  
Neeta Baporikar

Societies world over are urgently seeking innovative approaches to address persistent social problems of health care, poverty, child labour, literacy etc. These problems not only persist but also have increased in intensity and complexity. Thus, there is furor for innovative entrepreneurial approaches that can create more social value with limited resources. These approaches need to leverage better on resources to enhance effectiveness through creative partnerships by raised expectations, performance and accountability so as to achieve more sustainable social impact. What business entrepreneurs are to the economy, social entrepreneurs are to society? They may, like business entrepreneurs, be interested in profit, but their emphasis is on social change. While the challenges in the social sector are many, the potential and opportunity for social entrepreneurship to be a powerful force for social value creation has never been greater. Through grounded research and in depth contextual analysis, this chapter focuses on India's genesis and development of social entrepreneurship.


Author(s):  
Gözde Morgül ◽  
Mine Afacan Fındıklı

This chapter examines the role of social enterprises/entrepreneurs from the perspective of the COVID-19 outbreak and discussed the importance of social entrepreneurship. In this context, answers to the following questions are sought: Did social enterprises/entrepreneurs stand out during the COVID-19 era, particularly the social value they created? Do social enterprises/entrepreneurs perform studies especially for groups experiencing social exclusion during the COVID-19 era? The study based on qualitative research reveals that by producing innovative, fast, and effective solutions social initiatives have won the approval of society. The headlines of leading media outlets published between December 2019 and June 2020 and discourses from social actors confirm the rising critical value of social entrepreneurs.


Author(s):  
Susana de los Ríos-Sastre ◽  
Víctor M. González-Sánchez

There is no doubt about the relevant role of social entrepreneurs as social transformers and there seems to be broad consensus on the factors that characterize it, such as: a sustainable social orientation, the intensive use of innovation, and the aim of creating social value. This chapter offers an updated vision of social entrepreneurship around the world, showing the main advances made in recent years and analyzing the main challenges and opportunities for the near future. It includes a reflection on the concept of social entrepreneurship, since today there's not a single definition of that term, and a review of the evidence on good practices in this field, which could serve as a model for future initiatives.


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