Entrepreneurship is a highly a comprehensive field that advantages from the integration of numerous disciplines. The field of social entrepreneurship is no different. ukpip.org/generated-post-2 Matching to Gregory Dees, “the social entrepreneurship is a new entrepreneurship that seeks to make a positive impact in society by simply integrating technology with the organization model” (Worsham 2012). Hence, it is essential that universities combine social savoir and entrepreneurship education to be able to foster the growth of social entrepreneurs and address the challenges carried by this trend.
One of the main characteristics of this phenomenon is the fact so it involves a very strong determination to improve and change. This new development can be aimed towards enhancing or perhaps changing an existing service or product, or it’s rather a totally new invention. Entrepreneurs are likely to take risks and can put up with failure mainly because they want to achieve success (Worsham 2012).
In many cases, the objective of social entrepreneurship is to enhance the quality of life of men and women using communities. This is achieved through the creation of the company that provides goods and services that meet true needs. Creating these companies has multiple rewards: it reduces unemployment, and it helps to formulate new solutions that allow for the development of more efficient methods of development and distribution.
In addition , entrepreneurship enables individuals to fashion a career that aligns with their values and beliefs, such as caring for the planet or assisting others. In addition, it increases task satisfaction, since entrepreneurs have the opportunity to work for themselves and can direct their own lives. However , it is crucial to note that the kind of career may be stressful since it lacks the protection net of a guaranteed earnings.