Entrepreneurship may be a highly a comprehensive field that advantages from the integration of various disciplines. The field of social entrepreneurship is no exception. Regarding to Gregory Dees, “the social entrepreneurship is a new entrepreneurship that seeks to make a positive impact in society simply by integrating innovation with the business model” (Worsham 2012). It is therefore essential that universities incorporate social savoir and entrepreneurship education in order to foster the growth of social entrepreneurs and address the challenges carried by this sensation.
One of the main characteristics of this sensation is the fact that this involves an extremely strong willingness to innovate and change. This invention can be aimed at enhancing or perhaps changing an existing service or product, or it can be a totally new invention. Entrepreneurs are prepared to take hazards and can tolerate failure because they want to become successful (Worsham 2012).
In many cases, the aim of social entrepreneurship is to increase the quality of life of people in certain communities. This is certainly achieved throughout the creation of an company that gives goods and services that meet serious needs. Creating these companies contains multiple benefits: it minimizes unemployment, and it helps to develop new technology that allow for the introduction of more efficient partnership methods of production and division.
In addition , entrepreneurship allows individuals to trend a career that aligns with their values and beliefs, just like caring for the environment or helping others. It also increases work satisfaction, because entrepreneurs find work for themselves and can immediate their own success. However , it is crucial to note that type of career may be stressful as it lacks the safety net of an guaranteed wage.
