Social

Entrepreneurship
Lecture 1_2: Growth_Theories_Forces
On social entrepreneurship

By:
Amrit Bista
BE, MBPM

Date: 19/11/2018
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Process steps in Social
Entrepreneurship
Opportunity Recognition: Social
entrepreneurs recognize opportunities
to create social value

Seeing opportunity where others see

only threats and tragedies
Addressing present demand

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Process steps in Social
Entrepreneurship
Concept Development: Opportunities
leads an enterprise concept
Identify new products or market
Identify and define desired social
rewards and how are to be
measurable

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 Process steps in Social
Entrepreneurship
 Resources determination and
acquisition: Resources needs are
determined and necessary resources
acquired
 Financial resources, human
resources (labour), and human capital
(expertise)

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 Process steps in Social
Entrepreneurship

Launch and grow the social venture

 Follow a strategy tied to metrics of
success

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 Process steps in Social
Entrepreneurship

 Goal attainment and beyond

 What to do after success is attained
Success in mission and shut down
Success in mission and find new
opportunity
Attain a stable service equilibrium
 Integrate with another venture

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 Growth of Social Entrepreneurship

 Significant growth of the non profit

sector
 3% annual growth in number of non
profits from 1996 to 2004
 Growth is higher in public charities
and private foundations than for non
profits in general
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 Growth of Social Entrepreneurship

 Significant growth of the non profit

sector
 3% annual growth in number of non
profits from 1996 to 2004
 Growth is higher in public charities
and private foundations than for non
profits in general
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Growth of Social Entrepreneurship

Social Ventures Growth

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The forces on social entrepreneurship

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 The forces on social entrepreneurship

External Forces
• Environmental factors
– Social climate conducive to social
entrepreneurship
– Political climate that facilitates social
innovation

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 The forces on social entrepreneurship

External Forces
• Availability of financial and nonfinancial
resources

• Perturbation of the environment

– Political change
– Cultural changes
– Economic changs

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 The forces on social entrepreneurship

Internal Forces
• Entrepreneurial personality traits
• Preparation to exploit opportunities
– Education
– Experience

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 Theories of social entrepreneurship

Dictionary Definition
• Social entrepreneurship is a process by
which citizens build or transform
institutions to advance solutions to
social problems, such as poverty, illness,
illiteracy, environmental destruction,
human rights abuses and corruption, in
order to make life better for many.

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 Theories of social entrepreneurship

• The most widely cited definition was

offered by Greg Dees, who is often referred
to as the father of social entrepreneurship
education.

• According to him, the entrepreneurs

improve the productive capacity of society
and provide the "creative destruction" that
propels economic change, creating new
combinations of people and resources that
significantly improve society's capacity to
address problems.
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