2011
DOI: 10.5367/ihe.2011.0050
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Social Entrepreneurship in South Africa: Context, Relevance and Extent

Abstract: In its broadest context, ‘social entrepreneurship’ refers to individuals and organizations that engage in entrepreneurial activities with social objectives. Whereas this concept and its constituent elements are well-researched and acknowledged in industrialized countries (such as the USA and UK) (Thompson, Alvy and Lees, 2000, p 328) and to some extent in developing economies (for example, in Bangladesh and Venezuela) (Mair and Martí, 2006, p 36), its prevalence and impact in South Africa (and in Afri… Show more

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Cited by 23 publications
(13 citation statements)
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References 15 publications
(3 reference statements)
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“…As well as this, it is able to vividly reflect the perspective and voice of the narrator or characters in the story (Leavy, 2009), thus making the perspective of the individual prominent, and also at the same time bring theories to life (Phillips, 1995). Visser's (2011) work and Imas, Wilson and Weston's (2012) work both give a vivid example of narratives via stories in their research.…”
Section: Moving Forward: Methodological Implicationsmentioning
confidence: 99%
See 1 more Smart Citation
“…As well as this, it is able to vividly reflect the perspective and voice of the narrator or characters in the story (Leavy, 2009), thus making the perspective of the individual prominent, and also at the same time bring theories to life (Phillips, 1995). Visser's (2011) work and Imas, Wilson and Weston's (2012) work both give a vivid example of narratives via stories in their research.…”
Section: Moving Forward: Methodological Implicationsmentioning
confidence: 99%
“…In itself, the term is a hybrid between business principles and methods applied not for individual gain and profit, but for group or social gain and for social change (Dees, 2001;Mort and Weerawardena, 2007). In Africa, the extent of social entrepreneurship varies across states due to different degrees of success in attracting foreign aid (Visser, 2011). Thus, the concept itself has come to be associated with aid, micro-financing and non-governmental organisations (NGOs).…”
Section: Social Entrepreneurshipmentioning
confidence: 99%
“…The development support of social enterprises typically extends beyond the support of business and production acumen to also foster social value as integral to the enterprise. Overall, social entrepreneurship support engenders financial sustainability for small business through trade, but the underlying value creation is accepted as extending to employment and upliftment within the immediate community, and the delivery of services and products required by poorer consumers in marginalized communities (Visser, 2011).…”
Section: Social Entrepreneurshipmentioning
confidence: 99%
“…The intrigue in breaking down the classification the term social adapts in this setting, for it alludes to social business visionaries who produce services which are intended to fulfill fundamental needs that are not tended to by any financial or social establishment. One primary distinction that is between normal business visionaries and the societal ones is that the later ones allocates a higher importance (need) to generating SV, while economic aspect is seen as a method for accomplishing the creation of SV and a "fundamental stipulation to guarantee monetary sustainability" [4]. It is argued by [3] that "social business visionaries distinguish under-utilized assetsindividuals, configurations, apparatusand determine methods for their integration to fill the void in societal needs" whereas, [5] allude to social business as being "an imaginative procedure which happens in associations driven by social mission, planned to produce imaginative new answers for society needs that are unanswered, by utilizing a restricted assets base, which prompts social change and creates value".…”
Section: Introductionmentioning
confidence: 99%