Example Of Entrepreneurship

A) A real entrepreneur can take an idea and that can be change in to a service or product according to the needs of certain population. Because of this characteristic economists said that “entrepreneurship is becoming an important agent in the growth and wellbeing of the society”.an entrepreneur is motivated by family or society. They offer new completion and also promotes improved productivity. They can recognize and resolves social problems on a large scale. To create social value entrepreneurs act as a change agent for the society like designing and distributing new approaches. Entrepreneur react very quickly and effectively to the change so that they can take the advantage of opportunities. If they can’t capable of quick action it will be result on their process and success. Social entrepreneurs are stepping to solve the problems.

Everyone describes social entrepreneurship differently. While many have been able to describe the traits and features of a social entrepreneur there doesn’t seem at all to be a consensus about the definition of what constitutes the field of social entrepreneurship. Susan Davis and David Bornstein in their book, Social Entrepreneurship: What Everyone Needs to Know define social entrepreneurship as “a process by which citizens build or transform institutions to advance solutions to social problems such as poverty, illness, illiteracy, environmental destruction, human rights abuses and corruption (1). The NYU Reynolds Program defines it differently saying “Social entrepreneurship is a form of leadership that

Although social entrepreneurs usually start rather small their initiatives often have global relevance, issues such as unemployment, incarceration, disease, small business creation, access to clean water, renewable energy, waste management, etc. These issues and needs usually arise within a disenfranchised sector of society, and they are the drivers of social entrepreneurship. The desires or needs of the disadvantaged

Entrepreneurship is an important element for economic development and it affects all organizations regardless of its size, capacity even though they are considered private or public sector and its objectives. Entrepreneurship is a process by which individuals-either on their own or with in organizations-pursue opportunities(Stevenson and jarillo,1990).In case of entrepreneurship we have only limited knowledge of the information of entrepreneurs, business opportunities and the skills and knowledge that people used for organizing and make use of a resources opportunities and suitable environmental conditions for these activities. Changes are one of the important factors in a health care sector. Moreover, social entrepreneurs, use their innovative ideas to solve society’s most pressing social problems and issues and suggest new ideas and interventions for a change that leads to success. Apart from these changes also brings new opportunities and provide most suitable risk management strategies to create a better and

Alka Srivastva studied the potential behind noble intentions and actionable social purpose. The reciprocal relationship between ethical behavior and value based activities depends heavily on the entrepreneurship mindset, personality, and economic values. Meaning entrepreneurship, when broken down, is about the person, act, and business entity. Alka Srivastva discovered 6 traits that he deemed universal of those traits the most impactful appeared to be reinvention, reverberation, and value lead direction. It is important for the organization to have high moral quality, in other words the word noble is used as a qualifier and a verb to the governing influence philosophy. Noble goes beyond the simple statement to action. (Srivastva, 2004)

Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change.

Answer 1: Social entrepreneurs are individuals who focus on transforming existing system and practices. These people come up with innovative solutions to tackle major social issues. Social entrepreneurs are visionaries who sometimes commit there life working for society. Rather than leaving social need to government and business sectors, they try to figure out what is not working, what are the necessary steps that should be taken to solve problem and then spreading out the solution.

A social entrepreneur identifies and solves social problems on a large scale. Just as business entrepreneurs create and transform whole industries, social entrepreneurs act as the change agents for society, seizing opportunities others miss in order to improve systems, invent and disseminate new approaches and advance sustainable solutions that create social value.

The last objective of your program is to enhance the lives of your objective populace through new or esteem included financial open doors. Then again, you are entrusted with making your social venture absolutely or to some degree monetarily suitable. In the private area the primary concern is clear: to build the organization’s esteem for its shareholders, as it were, to profit. Social enterprises have two primary concerns money related and a social one and the way of life of one is altogether different from the other.

Many case studies state, as most investors prefer established and commercially viable enterprises more than start-ups and smaller enterprises, it is difficult to access capital (Smith, at el., 2014). Moreover, many social enterprises cannot fund themselves entirely through sales or investment to get a share in traditional financial markets, which resulting in a financial-social return gap (Bugg-Levine, at el., 2012).

Based on the different types of entrepreneurs, I will want to be a social entrepreneur because I have the desire to enhance economic, social, health and educational innovations and transformations for the benefit of society. I am not entirely profit driven. Rather, I am motivated by the desire to give back to society by way of innovating, funding and implementing efficient solutions to tackle environmental or societal problems.

Submission: To the box of Case Study in the class room. Type and print on A-4 size paper (in case of two pages, staple them).

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Collecting data on social entrepreneurs is problematic for a number of reasons.  For instance, the nascency of the field means that there are relatively few (as compared with fields like commercial entrepreneurship or family firms) potential subjects for those wanting to study founders of social ventures.  Moreover, due to the global nature of the field, social entrepreneurs tend to be a disbursed group.  Add to this the fact that there is little government-mandated public information on most social enterprises (as is the case with publically-traded firms, for example), and one can understand why few empirical studies on social entrepreneurship have gone beyond case studies.  This is

Social entrepreneurship is about applying practical, innovative and sustainable approaches to benefit society in general, with an emphasis on those who are marginalized and poor. It is a term that captures a unique approach to economic and social