Social Entrepreneurship

Everyone seems to be "social entrepreneurs to talk about" (including myself, now). The word has existed for years, but it is still new enough that we feel the need to explain what this means. Different from the majority of people responsible for governing the community's social entrepreneurship, although the two are closely related. The following is from a recent article published by the Aspen Institute, Mali Zhan Ventila excerpt:

Social Impact Management [socially responsible management], on the one hand, the traditional business activities take into account the impact on its wide range of social background, to make visible a wide range of participants is set for a long time business practices are often invisible, not counts or to report the consequences of time to review than usual. It focuses on business costs and imposed internal and external companies, such as the creation and distribution of wealth, skills and technology transfer, impact on the environment, human rights, quality of life benefits, working conditions.

Social Enterprise [social entrepreneurship] initiative on the other hand, consider a more effective response to the current through the adoption of the traditional means of operation or through a partnership between non-profit organizations, social needs in any way the private and social sectors, without having to to consider the existing business practices is being promoted first to these requirements.

University has started to pay social entrepreneurship. For example, the Stanford University School of Business has formed a Center for Social Innovation, Harvard Business School has a program on social enterprise, Columbia University Business School has a social enterprise projects, as well as the Fuqua School of Business (Duke), there is a center of entrepreneurship and social progress . I believe that many people, but what you think. There are also some more soon. Here in Wisconsin, there are several people in the development course of the proceedings, stay tuned to do so.

Maybe I was too cynical (research and legal practice in order to attract cynicism), but I can not imagine that the world would be a study in social entrepreneurship significantly different place. Sponsor about "regardless of the enterprise and social organization of the line" social entrepreneurs conversation. Fuca center of this example shows that fuzzy (etc.): "Homeless shelters entrepreneurship training and employment of their residents." It will be interesting, if not very sad. At least one quarter of all homeless severely mentally ill. There are many people have been abused, or addiction. They do not need job training. They need treatment!

With any attempt to integrate with social entrepreneurs from business entrepreneurs to learn the fundamental problem is that the objective is fundamentally different. Business entrepreneurs measure their degree of market acceptance and the creation of wealth, success. Measure of its social entrepreneurs to complete a mission's success. As by Greg Dees in his now classic description of the social entrepreneurship:

The market does not work as well as social entrepreneurs. In particular, the market is not doing so great importance to improving social services, public goods and good occupational hazards and benefits of people who could not afford it. These factors are often essential to social entrepreneurs. This makes it social entrepreneurship. Therefore, it is much more difficult to determine whether it is a social value of social entrepreneurs, to create enough value to justify the creation of the resources used. Survival or growth of social enterprise is not proof of its efficiency or effectiveness in improving social conditions. This is only a weak indicator, at best.

Can you say "fatal flaw"?