Introduction
The year of 2017 is the 10th anniversary of the government support enactment for social enterprises. Since Social Enterprise Promotion Act was enacted in 2007, social enterprises in Korea have grown rapidly. The number of social enterprises certified by government has soared from 55 in 2007 to 1,506 in 2015, and the number of preliminary social enterprises preparing for government certification process has reached 1,408 in 2015. Also, the number of employees working for social enterprises increased from 2,539 in 2007 to 33,527 in 2015.
It is generally admitted that Korean government has played an essential role in this rapid growth of social enterprises. Social Enterprise Promotion Act encompasses not only the direct support policy measures such as subsidies, tax exemptions, and the preferential purchase of social enterprise product in public procurement, but also establishing comprehensive support system such as long-term fostering plan at government level, social enterprise certification to secure the quality of social enterprises, and the establishment of the Korea Social Enterprise Promotion Agency as a specialised public institution operated by government budget. Based on this Act, more than £100 million public money has spent on social enterprise support programmes in every year, and about 50% of the social enterprises total sales are spent in public markets such as public procurement.
It is one of the most remarkable social outcomes that the vulnerable
It allows for social change advocacy without the potential external consequences of "conventional activism." But increasingly, we are led to believe that ‘entrepreneurs’ and ‘social enterprises’ are the avant garde of ‘change making’. Like every concept has both pros and cons, similarly even social entrepreneurship has its own demerits. On one hand it is one major factor in bringing change while on the other end it is being overused by companies who start off with the motive of being socially responsible and use this for the advantage in future ,by diverting their focus on profits. The point is, all of a sudden, social entrepreneurship was everywhere and everyone wanted to be one. The key to sustainable capitalism is reasonable profits as opposed to maximizing profits. In the current system, a segment of society is trying to maximize profits without concern for the impact on the well being of the society as a whole, while another segment of social organizations have to deal with the fall out. The system is not working. If it does good in some areas it also does bad in others. The example of Toms one for one shoe program though does charity and is a social enterprise but at its worst, it promotes a view of the world's poor as helpless, ineffective people passively waiting for trinkets from shoe-buying Americans. While the shoes themselves probably won't lead to any kind of disaster, that worldview can lead to bad policies and real, serious harm also has a small negative impact on local markets. And so I have come to feel increasingly uncomfortable with the term “social entrepreneurship” and its main actor, the “social entrepreneur”. It creates a false separation between “this is where we make money, and this is where we do good”. And that is exactly what is wrong with capitalism today. Myths of social entrepreneurship are different from what and how it really works in the
The intervention depicted in the Pardo article was that of political activism amongst Latinas on behalf of their community. The group utilized their assets and skills to effect change within their communities and halt policies and changes that they felt would harm their communities. This intervention is aligned with Rothman’s social advocacy mode of capacity development. The Ferguson article discussed the Social Enterprise Intervention (SEI) method. This intervention is preventative intervention utilized to provide homeless youth with vocation training, small business skills, mentorship and referrals to health and mental health services; this intervention seeks to build upon the strengths of these youth. The Nembhard article focused on
Every organized company worldwide should have among its structure, one planning and coordination division in which social and business goals are integrated. Corporate social responsibility (CSR) programs are necessary for commercial business as an element of risk management and represent an outstanding mechanism for the stakeholders to identify weaknesses when their own actions or others conduct in its operating environment generate social risk. (Kytle and Ruggie 2005).
Nowadays, many international companies take sustainable development seriously. They understand that sustainable development can enhance their quality of life and their reputation in public. Sustainable development is "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (Brundtland, 1987) Sustainability requires monitoring and managing all the person to ensure that our economy and society can continue to exist without destroying the social and natural environment during development. The sustainability includes three pillars, which are economic, social and environment, forming a triple bottom line. The triple bottom line demands that a company 's responsibility lies
Economy: boost the social enterprise industry by being a role model business that successfully generates profits and at the same time tackles a social
One of the most common challenges that my department faces within in the organization is the understating of what a social enterprise is. It is important to familiarize our employees on how a social enterprise supports Benevilla mission of cultivating caring communities. Benevilla is a human service organization that provides assistance to people in the community. Birt’s Bistro is defined as a social enterprise because it provides a gathering place for people in the community and creates revenue that in return goes back into the organization. There are many components that have contributed to our social impact for example our entertainment nights; community club lunch gatherings and meeting space for local businesses and charter schools directors.
Social control is a very interesting theory. This theory can cause people to think it don't make sense. The theory have known by people to have a problem to force some to assume that all public policy makers are evil. Theory can have social construction According to (Segal ,2016) people create a shared reality. We attribute various characteristic to groups. For example, we may believe stereotypes that "all men are strong" or " all women are nurturers." These views are reinforced through values and beliefs, and then passed on to others through stories, language, and interpretations. What do you think?
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.
In America like many other countries there are social programs, these programs were designed to aid the needs of the US population. Social programs include social security, general welfare, healthcare, education, food assistance, and public housing. The Social Security Act of 1935, “This Act provided for unemployment insurance, old-age insurance, and means-tested welfare programs” (www.ssa.gov). This is beneficial for the population that is disabled, and unable to work. Like social security, many of the other programs are aimed towards low income families that need assistants with buying food and housing. The class of immigrants that we need to welcome into the country need to be educated; able bodied people, willing to do the needed jobs and
Private problems become public issues when an individual’s problem/problems spill out into the community for example youth homelessness. Youth homelessness is greater than you might think in May 2008 it was thought that there were over 75000 youths at risk of becoming homeless, mostly due to the breakdown of the family or the introduction of a step family, 65% of these young people experienced violence as their family broke down and 20% experienced sexual abuse. The really sad thing about the number of youths at risk of homelessness is, in order to be detected as at risk something extreme has to happen e.g. the young homeless person was arrested for causing a disturbance or ends up in hospital after a violent incident. Mostly when families
The one of the first questions in the survey tested the knowledge of participants about social enterprise. About 59% of the 217 respondents said that they did not know what a social enterprise was. This question provides one of the reasons for why students do not go to work or volunteer for social enterprises. Although a majority of respondents claimed
Currently, there is a wide divide in the landscape of social enterprise finance. On one side, much of the available supply of impact investment capital is seeking a “sweet spot” where attractive financial returns combine with positive social, economic or environmental impact. Meanwhile, there is an unmet demand from social enterprises that are operationally and structurally ready to absorb financial support (Stanford Social Innovation Review, Spring 2014).
I have always admired to be a businessperson from my childhood. I used to tell people that I would become a business tycoon when I grow up. I lived with that dream and still trying my level best to get close to that desire. However, the type of businessperson I wanted to be, shaped into a social entrepreneur throughout these days. I am a very inquisitive and adventurous person who loves to enjoy travelling and exploring new things. This enthusiasm for freedom and independence motivates me to set up a venture of my own. The social entrepreneurship is the perfect fit that matches my interests and goals. The social entrepreneurship has a huge impact on the social, environmental and economical circumstances of any country.
Through this book, Yunus shows how social business is applied in the current business setting. Yunus also explains how the social business model could redeem the failed promise of the free enterprise model.
In many countries the social enterprises are working closely together with the governmental organizations, both at national and local level. Today, entrepreneurs and enterprises with social responsibility around the world receive support from the non-profit organizations, foundations, governments, and individuals. However, despite the fact that the benefits of social entrepreneurship are clear to many, there are many difficulties with its development. There is still not reached a consensus on what “social enterprise” is and who can be called a social entrepreneur. Some believe that the term “social entrepreneur” must refer only to the founding organizations, the main source of income of which is the payment of their clients. Others believe that the social entrepreneur is one who performs work on the government contracts, and still others believe the social