Social And Institutional Barriers Of Social Entrepreneurship

2039 WordsDec 3, 20169 Pages
Social entrepreneurship is the method used by startup corporations and other entrepreneurs to recognize the social problems and achieve a social change by employing entrepreneurial principles, processes and operations to create, fund and implements innovative ideas with the potential to solve social, cultural, or environmental problems. It is the process of focusing on the improvement of existing conditions. It is seeing an opportunity to remove social and institutional barriers while addressing the market failures connected to the provision of public goods and distributional equity. Ebrashi (2013) narrated that social entrepreneurship was introduced in the 1970s to address the issue of social problems. Banks (1972) first mention The term “social entrepreneur” in his seminal work named The Sociology of Social Movement. (El Ebrashi, 2013). It was used to address social problems, as well as to address business challenges. Social entrepreneurship practices emerged in the 1980s with Ashoka being the first corporation to support social entrepreneurship. Social entrepreneurship is rooted in the social sector or the citizen sector, which centers on the creation of sustainable social change (Ebrashi, 2013). Social entrepreneurs target market failures related to public goods and distributional equity. Social value in social entrepreneurship is the explicit and central driving force. Social entrepreneurship assesses and estimates in advance the social consequences that are likely to

More about Social And Institutional Barriers Of Social Entrepreneurship

Open Document