Social entrepreneurship, social innovation and business ethics

Revista de Administração de Empresas, 2015

Social Entrepreneurship and Social Business (SE/SB), inclusive business, businesses with social impact and a higher purpose are becoming increasingly important both in academia and the business world (Sassmannshausen & Volkmann, 2013). Since the influential article by Dees (1998), many different perspectives about social entrepreneurship and social business have been discussed in academia. On the management side, these types of businesses have also proliferated in the last decades. Yunus with his work leading Grameen Bank has inspired many other entrepreneurs and organizations to create a new kind of business more embedded with a social purpose.

2019

Entrepreneurship is “The system of making fee through bringing collectively a unique package deals of sources to exploit an opportunity” (Forbat, 2007). The main aim of traditional entrepreneurship is to maximize profits and shareholders wealth. How social entrepreneurship concept is applied to real world situations ranges tremendously. We believe that in this rapidly growing and changing society, people will continue to become more and more socially aware and responsible. We believe with the emergence of these new mindsets and practices, social entrepreneurs have bright futures ahead of them. Additionally, we believe that not only will this new, rapidly changing atmosphere bring success to social entrepreneurs, but also will forever change the way we do business. Through a brief historical overview and social entrepreneurship’s functions, we were able to develop our own definition of what social entrepreneurship means, in our minds. Our idealized, brief definition of social entrepr...

Business Horizons, 2008

Changes are afoot in the nonprofit sector of the economy (James, 2003). Nonprofit leaders are adopting entrepreneurial business models to sustain or expand the scope of their mission work. This change is part of a counter-hegemonic shift toward a new economic paradigm in which blended business models create both social and financial value (Sabeti, 2009; Sahakian & Dunand, 2013). The current study explored how nonprofit leaders understand the shift toward a more enterprising and entrepreneurial nonprofit sector. Qualitative methods, along with a grounded theory framework were used to elicit leaders’ perspectives on the emergence of social enterprise in nonprofits and the characteristics of successful nonprofit social enterprise. Findings include five themes of social enterprise understanding that offer structure for further research and professional discourse on the subject, including: 1) Social enterprise as a necessary and inevitable evolution of the nonprofit organization; 2) Social enterprise as a means of achieving a social mission; 3) Social enterprise as a true blending of business and social impact models; 4) Social enterprise as a business principle applied to a social mission context; and 5) Social enterprise as a market-driven approach to financial and social value creation. A secondary analysis points to the emergence of a social enterprise synergy effect in which the social and financial value generated by nonprofit social enterprises yield a third effect that is greater than the sum of the individual parts. The implications of these findings are limited to nonprofit social enterprises, but contribute to our understanding of this nascent field.

Journal of Entrepreneurship Business and Economics, 2014

Purpose-Social entrepreneurship is gaining ground rapidly as a field of research and practice and attracting increasing interest within the policy-making authorities, research on social entrepreneurship still falls far behind the practice. The different concepts used by the literature are often defined unwell and can take on a variety of meanings with little consensus so far reached among scholars. The concept of social entrepreneurship continues to convey different things to different people and there is no clear understanding and uniformity on where to locate it and on how to qualify social entrepreneurs. The paper is an attempt to clarify the boundary of Social Entrepreneurship and differentiating it from related concepts like: Corporate Entrepreneurship, sustainability and selfsufficiency, earned income strategies and social purpose businesses etc. Design/methodology/approach-To do so, secondary data had been used. The methodology involved the extensive use of Literature review in the field of Social Entrepreneurship. Findings-It can be said that definitions of social entrepreneurship and social enterprise vary to a great extent at the international level with a number of authors using the two interchangeably. The clarity has been provided in differentiating various related terms. Research Implications-There has been lot of confusions about to whom we can call social entrepreneurs and what are the differences which make social entrepreneurs apart from their related communities. More clarity on the concept will add to provide more ground for the expansion of social entrepreneurs. Originality/value-The present study is among the first study to clarify the similarities and differences in the field of Social Entrepreneurship and thus lays the foundation on which further research in the field of Social Entrepreneurship could be carried out.

Journal of Business Ethics, 2014

This editorial to the special issue addresses the often overlooked question of the ethical nature of social enterprises. The emerging social entrepreneurship literature has previously been dominated by enthusiasts who fail to critique the social enterprise, focusing instead on its distinction from economic entrepreneurship and potential in solving social problems. In this respect, we have found through the work presented herein that the relation between social entrepreneurship and ethics needs to be problematized. Further, we find that a range of conceptual lenses and methodological approaches is valuable as the social entrepreneurship field matures. Keywords Social entrepreneurship Á Ethics Á Social innovation Á Scaling On Conceptual Clarity Kickul et al. (2013) note that Social Entrepreneurship (SE), like its parent Entrepreneurship, has suffered the imponderable

2018