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Social Entrepreneurship Chapter 1

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Social Entrepreneurship Chapter 1 To undertake ️The work entrepreneurship comes from the french word "entreprendre", meaning: Joseph Schumpteter ️Who is the godfather of our modern understanding of entrepreneurship? Entrepreneurship ️the process of pursuing opportunities without limitat...

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  • September 25, 2024
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  • 2024/2025
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Social Entrepreneurship Chapter 1
To undertake ✔️The work entrepreneurship comes from the french word "entreprendre", meaning:



Joseph Schumpteter ✔️Who is the godfather of our modern understanding of entrepreneurship?



Entrepreneurship ✔️the process of pursuing opportunities without limitation by resources currently in
hand.



Opportunity Recognition; Concept Development; Resource Determination and acquisition; Launch and
venture growth; harvest the venture ✔️List the 5 parts of Entrepreneurship: __; __ ...



T ✔️T o F: Opportunity and a business concept are not the same things; and people thinking that they
are is one of the leading causes of product and business failure.



Fills the gaps between government and private markets ✔️Definition where social entrepreneurship
________.



"Social entrepreneurs are people who realize where there is an opportunity to satisfy some unmet need
that the welfare state will not or cannot meet."



is motivated primarily by social benefit ✔️Definition where social entrepreneurship ______.



"Social entrepreneurship is a multidimensional construct involving the expression of entrepreneurially
virtuous behavior to achieve a social mission."



generally works in conjunction with market forces ✔️Definition where social entrepreneurship _____.



"Social entrepreneurs "pay increasing attention to market signals without losing sight of their underlying
missions, to somehow balance moral imperatives and the profit motives-- and that balancing act is the
heart and soul of the movement."

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