DANCEST 805 Lecture Notes - Lecture 10: Social Enterprise, Social Economy, Social Entrepreneurship
Document Summary
The emergence of social entrepreneurship: notion of the entrepreneur as merely pursuing economic gain superseded by a broader notion of entrepreneurship. Injection of new life and vitality into social arena. Intangible, hard to quantify social value created: move to blended value accounting would take account the social and financial aspects of an organisation. Antecedents of social entrepreneurship: contemporary social entrepreneurship draws on a rich and storied heritage, pioneers provide early archetype for those seeking to combine dual economic and mission- based activities. Industrial revolution > worker co-operatives, charitable bodies and non-profit organisations emerged: means of tackling social squalor and poverty, current developments in social entrepreneurship remains heavily indebted to the strong. European tradition of workers" cooperatives: antecedents of social entrepreneurship can also be found in unexpected places. Intention to liberate individual entrepreneurial freedoms by establishing a pro- business institutional framework: dismantling welfare states and the social, political, economic and organisational settlements that sustained them.
