This website uses cookies to ensure you have the best experience. Learn more

The Emerging Field Of Social Entrepreneurship

2180 words - 9 pages

The emerging field of social entrepreneurship calls for a need for new integrated theories to contribute to the discipline and help grow the field. Social Entrepreneurship has been a topic of academic interest for the past few decades; however there has been little scholarly output in mainstream journals (Short, Moss, & Lumpkin 2009).Social entrepreneurship is commonly defined as “entrepreneurial activity with an embedded social purpose” (Austin et al. 2006). Social entrepreneurs play a role of change agents in society by adopting missions to create and sustain social value. They recognize and pursue new opportunities to serve the particular mission at hand. Social entrepreneurs engage in a process of continuous innovation, adaption and learning. With these components, social entrepreneurs are able to act without being limited by current resources. They are accountable to the constituencies served and for outcomes created as a result of their actions (Dees, 1998).
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 disadvantage segment of society are defined in the literature as positive externalities. Positive externalities are situations whenthe potential for value capture is lower than the potential for value creation because the benefits of society outweigh the benefits that could possibly be accrued by the organization or entrepreneur (Santos, 2012). Social entrepreneurs come into the equation by offering solutions to the neglected problems associated with positive externalities while simultaneously informing and educating society about the importance of the problems and the potential for value creation in the future. Consistent with strategic management literature, we explore the idea that growth is a function of the resources and organizational capabilities of the firm. When investigating the attributes of these resources we come to the resource based view of the firm theory (Wernerfelt, 1984). According to the resource based view, competitive advantage of a firm lies in the application of a bundle of valuable tangible or intangible resources at the firm's disposal (Wernerfelt, 1984). The competitive advantage derives from the valuable resources being neither perfectly imitable nor substitutable (Barney, 1991). If conditions hold, effective application of the bundled valuable resources translates competitive advantage into sustainability. Looking at social entrepreneurial organizations from a resource based view of a firm perspective; we acknowledge that resources and capabilities of social entrepreneurial organizations are critical to social innovation as well...

Find Another Essay On The Emerging Field of Social Entrepreneurship

The Importance of Entrepreneurship Essay

1379 words - 6 pages live in. Inventions provide an easier way of getting things done through better and standardized technology.” (Miller) Entrepreneurship is extremely important to the American economy. Without entrepreneurship there would not be any new business to help our economy grow and expand. Entrepreneurship allows job creation, social growth, and economic growth. According to The Small Business Administration the following are important personal

The Field of Social Work and Evidence-Based-Practice

828 words - 4 pages The writings of advocates of EBP demonstrate that a shift is taking place in the social work field towards a more integrated approach where “social work is an applied, empirically grounded social and cultural science aiming at both causal explanation and interpretive understanding” (Otto & Zeigler, 2008, p. 273). Talking about the limits of RCTs they suggest that “Typically, the experimental design is not able to control for the effects of

I Want to Enter the Field of Social Work

1926 words - 8 pages into my adulthood, the way I love on my husband and children, the dedication that I have for my community and others around me, and the need to always answer a cry for help. I want to enter into the field of social work, so I can yet continue to nourish my potentials and help others. While completing my bachelors in Psychology I was able to accomplish one of my goals and that was to understand the behavior of humans and the effects that life

The Teachability Dilemma' of Entrepreneurship

1901 words - 8 pages those who don’t have the financial resources to create or open their own business. Others believe that entrepreneurship is for those who are geniuses in the field. In other words, people are creating myths about business because they are afraid of not being successful or simply because they believe that entrepreneurs are born and not made; well that’s old school. Today anyone can become a successful entrepreneur just by simply having a clear goal

Impact of the Gap between Education and Women - Social Entrepreneurship - Research paper

3739 words - 15 pages , entrepreneurship, and employment. It is evident that higher education participation gives better opportunities to women in an economy by levitating the ultimate level of productivity and human capital. Moreover, it will help promote competitiveness and innovation in businesses hence boosting economic upsurge. Room to Read, an organization with the slogan “World change starts with educated children” is in the front line of working with local

The Awesome World of Entrepreneurship

1567 words - 7 pages The history of entrepreneurship has been existing in the United States for decades. During the 1607 during the 19th century, the first Virginia Company sent three ships across the Atlantic and unloaded 109 passengers in Jamestown, Virginia (Gordon 1). They were embarked on a new business enterprise that they hoped would be profitable (Gordon 1). Their business was known as a joint-stock company that allowed people to invest in enterprises

The Emerging of Google Glass

1593 words - 7 pages Emerging of Google Glass When I first heard about google glass the first thing that came to mind is “I guess they are making a new type of smart phone.” Then when I finally decided to do some research I found out that Google was creating a type of glasses with extremely sophisticated software that you could wear. These were released in 2012 but only for one day with a price of $1,500. As I began to dig a little deeper I came across some of the

Friendster, a new social networking entrepreneurship. Define the market sytstem, and creative destruction. Will this entrepreneurship become a victim of creative destruction

709 words - 3 pages A new social network startup,, is one of the most promising new Internet companies, founded by Jonathan Abrams. Social networking has shown a lot of promise, with other startups, such as LinkedIn, Spoke and Tribe Network, being backed by large venture capitalist firms pouring out a lot of money, almost $ 40 million.Almost five million Internet users have accessed Friendster, but surprising enough, Friendster hasn't made a cent in

The Emerging Field of Adolescent Romantic Relationships

672 words - 3 pages The beginning paragraph of this essay gives a broad sense of what the rest of the essay will entail. The main focus is how romantic experiences change over adolescence. The first stage of the experience is when boys and girls begin to interact with each other. The next stage is group dating and then it moves onto having a romantic relationship. Most romantic expectations and experiences in adolescents come from their peers and their parents

Definition of the Field

962 words - 4 pages of valuable materials, and costs of ownership and maintenance (Reiser & Dempsey, 2012). An important component to the instructional design movement was the merger of three organizations, in 1932, that formed the Department of Visual Instruction (DVI), which would eventually evolve into the Association of Educational Communications and Technology (AECT), a respected organization in IDT field today (Saettler, 1990). The role of using audio

Lilies Of The Field

1034 words - 5 pages Lilies of the FieldIntroductionA novel named "Lilies of the Field" was written by an American author William Edmund Barrett, in the year of 1962. With the assistance of the idea from Barrett's novel Ralph Nelson made a tremendous movie in 1963.DiscussionA small but excellent novel "Lilies of the Field" made into an excellent and educational movie, the main subject of the novel and movie is bless the children and creatures even Charles, it is a

Similar Essays

Emerging Trends In The Field Of Psychology

749 words - 3 pages meaning and conceptualization, trends in the field of psychology; pure and applied, have been continuously changing and developing to meet the needs of the society. Apart from the professional trends such as vocation, school, genetics counseling, forensic, engineering, and clinical, sports, industrial and special education (Cherry, 2001). Some of the emerging trends in the field of psychology are environmental psychology a consciousness trend

Emerging Field Of Green Supply Chain Management

707 words - 3 pages direct relation to the environment. This is interesting because, in history, these two paradigms were once in head-on collision with each other. (Srivastava, 2007)Green supply chain management (GrSCM) is an emerging field that strands out of the traditional supply chain perspective. The “quality revolution in the late 1980’s and the supply chain revolution in the early 1990’s” have sparked businesses to become environmentally conscious. GrSCM

Understanding The Scientific Field Of Social Psychology

1497 words - 6 pages Social psychology is a study which seeks to study and understand social behavior. It tells us more about the group behavior, how we interact and how it impacts our decision. According to scientist Gordon Alliport, Social psychology is a discipline that uses scientific method to understand and explain how the thought, feeling and behavior of individuals are influenced by the actual, implied or imagined presence of other human beings. Social

The Social Service Field Essay

1375 words - 6 pages Our social problems are far too intricate and expansive, and our public and private nonprofit system of services, including the current system of services offered by religious congregations, are too structured and tradition-based to expect a major redesign which would make the religious community the main providers of our country's social services. The nation's 300,000 churches, synagogues, and mosques would each have to put up $225,000 to make