REC101 Lecture 11: Lecture #11 - Social Entrepreneurship Typed Filled in notes for lecture 11 - unit 2 Social Entrepreneurship - The prof gives lecture notes with blanks which needs to be filled during the lecture, I have provided a filled in lecture note, plus extra com
16 Oct 2011
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Idea developed by a local businessman and an community activist. Encourages neighbors to connect on a social level. Random draw for ,000 neighborhood improvement grant. A social entrepreneur is a person with qualities and behaviors we associate with a business entrepreneur, but who operates in the community and is more concerned about caring and helping than with making money. Clarifying a need, gap, and opportunity: engaging. Engaging the opportunity with a mind to doing something about it: enabling. Ensuring something happens by acquiring the proper resources: enacting. * championing and leading the project to a satisfactory conclusion. Nothing to prevent these roles from being split and shared ( different individuals involved in different phases ) Double bottom line -> social and economic | triple bottom line -> add environment. Three components of altruism ( exam question ) It implies either an explicit motive or an explicit intent to improve someone else"s welfare.
