DANCEST 805 Lecture Notes - Lecture 16: Double Bottom, Profit Motive, Market Failure
Document Summary
What is social & environmental entrepreneurship? by jarrod ormiston (2017, hand-out) Social entrepreneurs are one species in the genus entrepreneur. They are entrepreneurs with a social mission: source: dees (2001, p. 2) Social entrepreneurship as innovative, social value creating activity that can occur within or across the non-profit, business, or government sectors: source: austin, et al. (2006, p. 2) [a]ny innovative initiative to help people may be described as social entrepreneurship. The initiative may be economic or non-economic, for-profit or not-for-profit: source: yunus (2008) Social purpose business ventures are hybrid enterprises straddling the boundary between the for-profit business world and social mission-drive public and non-profit organizations. Thus, they do not fit completely in either sphere: source: hockerts (2006, p. 145) Social entrepreneurs are individuals with innovative solutions to society"s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change: source: https://www. ashoka. org/social_entrepreneur)
