Entrepreneurship is mostly a highly multidisciplinary discipline that benefits from the integration of numerous disciplines. The field of social entrepreneurship is no exception. Regarding to Gregory Dees, “the social entrepreneurship is a new form of entrepreneurship that seeks to create a positive impact in society by integrating new development 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 societal entrepreneurs and address the challenges posed by this phenomenon.
One of the main characteristics of this happening is the fact which it involves a very strong determination to pioneer and change. This creativity can be aimed at enhancing or perhaps changing an existing service or product, or it’s rather a totally new advent. Entrepreneurs are able to take hazards and can tolerate failure mainly because they want to achieve success (Worsham 2012).
In many cases, the purpose of social entrepreneurship is to increase the quality of life of people ukpip.org/the-field-of-social-sciences in a few communities. This is achieved through the creation of the company that provides goods and services that meet genuine needs. Creating these companies possesses multiple rewards: it minimizes unemployment, and it helps to produce new solutions that allow for the introduction of more efficient methods of production and distribution.
In addition , entrepreneurship enables individuals to manner a career that aligns with their values and beliefs, such as caring for environmental surroundings or supporting others. It also increases task satisfaction, because entrepreneurs have the opportunity to work for themselves and can direct their own success. However , it is crucial to note until this sort of career may be stressful since it lacks the safety net of an guaranteed wage.
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