Entrepreneurship is actually a highly multidisciplinary field that advantages from the integration of numerous disciplines. The field of social entrepreneurship is no exception. Relating to Gregory Dees, “the social entrepreneurship is a new form of entrepreneurship that seeks to create a positive impact in society by simply integrating advancement with the organization model” (Worsham 2012). It is therefore essential that universities combine social savoir and entrepreneurship education to be able to foster the expansion of social entrepreneurs and address the challenges carried by this trend.
One of the main features of this sensation is the fact which it involves a very strong determination to innovate and change. This innovation can be aimed at enhancing or perhaps changing an existing products or services, or it's rather a totally new invention. Entrepreneurs are willing to take risks and can tolerate failure mainly because they want to achieve success (Worsham 2012).
In many cases, the objective of social entrepreneurship is to increase the quality of life of folks using communities. This is certainly achieved throughout the creation of a company providing you with goods and services that meet real needs. Creating these companies possesses multiple benefits: it minimizes unemployment, and it helps to develop new technology that allow for the introduction of more efficient methods of creation and division.
In addition , ukpip.org/ entrepreneurship enables individuals to trend a career that aligns with the values and beliefs, including caring for environmental surroundings or aiding others. In addition, it increases work satisfaction, because entrepreneurs have the opportunity to work for themselves and can direct their own destiny. However , it is important to note that it kind of career could be stressful as it lacks the safety net of a guaranteed pay.