ANT 1101 Lecture : Class 18. Patterns of Subsistence+Globalization.docx
Document Summary
Primary characteristics of social entrepreneurship: represents a variety of activities and processes, wants to create and sustain social value, encourages more entrepreneurial approaches for social use, displays degrees of innovation and change, constrained by the external environment. Definition: social entrepreneurship as a concept which represents a variety of activities and processes to create and sustain social value by using more entrepreneurial and innovative approaches and constrained by the external environment. Individual enterprise: sole proprietorship, business corporation, general partnership. Social enterprise: organizations which pursue social mission or purposes that operate to create community benefit regardless of ownership or legal structure and with varying degrees of financial self-sufficiency, innovation and social transformation. Market exchange marchand activities: the buying and selling of goods and services with prices set by the powers of supply and demand. Redistribution non marchand activities: a form of exchange in which goods flow into a central place where they sorted, counted, and reallocated.