Social Entrepreneurship and Corporate Entrepreneurship
identification evaluation and exploitation of opportunities
Entrepreneurship is more thenstarting a firm
Creating opportunities
doing the unexpected
employees that think for themselves
Social entrepreneurship notaboutmoney
innovative and transformativesolutions to socialenvironmentalproblems
making a better werd
e
g usingtechnology for empower women in India
SE 2 social entrepreneurship differs from CSR Corporatesocialresponsibility
Social impactfirstpriority SE
Social impactsecondpriority s CSR
e
g of CSR s Walmart employs s 2 million people sourcinggoods
from million faunenfrom emerging markets Thefint
9
priorityis still profit
e
g of SE The Ocean Cleanup Technology te cleanup the oceen
SE can make profit but theyshould usethemoney for a social cause
profitablebecause of subsidiesby the geverment cleanenergy
Sometimes SE is
SE are driven
by ethical responsibility social problems reviewed as
opportunities
Challenges for SE Leadership getting tuurt legitimacy
SE Charity se combination
SE normal entrepreneurship
Differentforms
Traditionalentrepreneurship
Entrepreneurship Social entrepreneurship
Family entrepreneurship
Immigrantentrepreneurship
Womenentrepreneurship
Internationalentrepreneurship
Startups Existingorganisations
corporateentrepreneurship innovation creating new value
Walmart verybig 11.000locationsf s newsolutions are difficult newproducts
1
Stakeholders communicationproblems
, Stakeholders communicator p b S
and notflexible
1
Routines are made up and are difficult to changeThey are not so flexible
anymore
Corporate Entrepreneurship CE
Corporate Venturi STategie Entrepreneurship
Ë
within an organisation werenerf organisation are formed
e g disney_ disneynature
Iig
Disney
Aeguiting buying companies is not
dig
F IEI.in
Corporate ventumng
g dreumesiness
Ownidentity
1
notreally connected
te maincompany they
StrategieEntrepreneurship onlydotheinvestment and
ownithenewcompen
Strategie newal new processes
e g Jenson Johnsondoing nee marketingcampain
withoutchanging theproduct eng disney was makingfilms nowthey
are buying corporate franchises
sustained regeneration Introducing a new product
e making a newdifferentmovie like
g disneydifferent
Coco very then the othermovies
Domain regeneration new project market arena that aren'trecognized or
started E disney going to
g make avenger films
Reading:
https://www.sciencedirect.com/science/article/abs/pii/S0148296320301983?via%3Dihub
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