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REC 101 (45)
Lecture 12

Lecture 12 - Social Entrepreneurship & Enterprise.docx

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Department
Recreation and Leisure Studies
Course
REC 101
Professor
Katie Misner
Semester
Fall

Description
Lecture 12 – Social Entrepreneurship & Enterprise Social entrepreneur A person with qualities and behaviours we associate with a business entrepreneur but who operates in the community and is more concerned about caring and helping than with making money. Four Stage Process 1. Envisioning – Clarifying a need, gap, and opportunity 2. Engaging – Engaging the opportunity with a mind to doing something about it. 3. Enabling – Ensuring something happens by acquiring the proper resources 4. Enacting – Championing and leading the project to a satisfactory conclusion This growth is fostered by several trends:  Frustration and disillusionment with the politcial system’s ability to change things  Rise of the well-being agenda: more people seeking meaning in their work lives; and increasing self-employment  Charities becoming more business-like and the growth of corporate social responsibility in business, bringing the worlds closer together  Hugely networked and mobile society, on and off line  Wide range of options (organization, governance, income, support) to choose from to help turn ideas into reality Three Components of Altruism 1. It implies either an explicit motive or an explicit intent to improve someone else’s welfare 2. It implies action 3. Altruistic behaviour can possibly diminish an individual’s own well-being while simultaneously enhancing someone else’s Selective Incentives Side payments made to those who participate in the action.  Material incentives – Tangible rewards for volunteer efforts and listing volunteer experiences as job experience  Solidary incentives – Pleasure of socializing  Purposive incentives – Intrinsic rewards by fulfilling their own normative or ethical standards of behaviour Exchange Theory Individuals will not volunteer unless they themselves can profit from the exchange  Individuals weigh costs and benefits when considering volunteer work – AIDS agencies struggled to recruit volunteers because of the stigma attached to the cause  Volunteers often have a stake in their own volunteer work – Parents more likely to volunteer as coached after their children enrol in a league.  People volunteer because they anticipate a future need for assistance themselves or have already received assistance and wish to give something back  Volunteers acknowledge the benefits they receive from their work – Some women deal with their own fears and apprehensions by volunteering to help victims of domestic abuse  Many volunteers long for recognition for their efforts On the other hand  Volunteering makes volunteers feel good because they think they ought to have done it  Exchange theory assumes people place their own interests before those of other, but studies
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