Social Entrepreneurship Conceptual Approaches

Abstract

Social entrepreneurship defines organizations or initiatives that, by producing and/or transacting goods or services, seek new solutions to persistent social problems, thus generating high social value. In other words, that deliberately subject their economic strategy to social priorities and place the social mission at the center of their concerns. Such social priorities include poverty, unemployment, education, health, local development, or the environment. Outside this common base, the aggregation of other characteristics or delimitations has given rise to conceptual fuzziness, namely, as to the organizational forms to be adopted (restricted to non-profit organizations or open to for-profit businesses with clear social purposes) and the weight of the social dimension in SE. Another manifestation of conceptual malleability emerges from the coexistence of different schools of thought. On the opposite side, one notes the narrowing of the concept, which mainly derives from a Westernized vision and still pays little attention to the contributions from developing countries. In addition to analyzing these topics, the current entry points out some recommendations regarding the deepening of scientific research in this field.

Comparative Study of Social Entrepreneurship Management for School Sustainability

“…The importance of school management improving the welfare of teachers and employees needs to find strategies to obtain other effective and efficient sources of funds. This effort is in line with what Dankbaar said that social entrepreneurship is not only related to innovation but also related to governance, both in the process and in performance measurement, all stakeholders must play a role (Monteiro et al, 2022). The above findings are also in accordance with the theory that defines that social entrepreneurship management is the management of resources in the innovation process which is the basis of the economic efficiency of an organization (Korpysa et al, 2023)…”

What drives social entrepreneurial intentions after retirement from a full-time career? Evidence from Oman

“…The spotlight on the concept of social entrepreneurship is primarily attributed to the works of Bill Drayton in 1980s, which later drew further traction after the Nobel Peace Prize was awarded in 2006, to Muhammad Yunus and the social enterprise he founded (Grameen Bank) for the ground-breaking work in women’s empowerment and poverty alleviation through microcredit (Monteiro et al , 2022). Social entrepreneurship (SE) has been defined as a novel activity that is undertaken to create an organization that is engaged in business for achieving social goals (Mair and Marti, 2006).…”

Harmonious Social Entrepreneurship: A Business Innovation Model for Empowering Indonesian Communities Through Religious Organizations

“…Social entrepreneurship becomes harmonious when there is a shared understanding among stakeholders to work together. This naturally leads to the organization's social commitment to achieving the community's well-being (Monteiro, Sánchez-García, Hernández-Sánchez & Cardella, 2022). Therefore, the unity among stakeholders in supporting social entrepreneurship within religious organizations becomes the key or the true meaning of the harmony of social entrepreneurship (Edwige, 2021).…”