ENT 526 Chapter Notes - Chapter 15: Social Entrepreneurship, Corporate Social Responsibility, Achievement Orientation
29 Nov 2014
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Document Summary
Social entrepreneurs will be essential to creating this future by solving complex problems, both social problems that have economic consequences and economic problems that have a social impact: people with social and economic goals. With the increasing importance and emphasis on social entrepreneurship, it is important for any aspiring entrepreneur to have a basic understanding of some of the key elements involved. Social entrepreneurship can be: process based: focus on actions such as value creation, opportunity, recognition, opportunity exploitation and resource mobilization, entrepreneur-centric: focus on describing those that engage in social entrepreneurship. It is an individual with innovative solutions to society most pressing social problems. Corporate social responsibility: reactive process: reacts to the effects of the irganization and business on the surrounding environment (amount of pollution produced, using energy-saving products, purchasing fair-trade products. Example: tim hortons provides farmers education in coffee farming.
