Entrepreneurship is actually a highly multidisciplinary field that benefits from the integration of various disciplines. The field of social entrepreneurship is no exemption. ukpip.org/partnership/ Regarding to Gregory Dees, “the social entrepreneurship is a new entrepreneurship that seeks to make a positive impact in society by simply integrating technology with the business model” (Worsham 2012). Hence, it is essential that universities incorporate social sciences and entrepreneurship education to be able to foster the growth of social entrepreneurs and address the challenges carried by this phenomenon.
One of the main qualities of this phenomenon is the fact which it involves a really strong determination to innovate and change. This creativity can be directed at enhancing or perhaps changing an existing product or service, or it’s rather a totally new technology. Entrepreneurs are able to take hazards and can put up with failure mainly because they want to become successful (Worsham 2012).
In many cases, the aim of social entrepreneurship is to increase the quality of life of people in most communities. This really is achieved throughout the creation of any company that gives goods and services that meet legitimate needs. Creating these companies includes multiple rewards: it minimizes unemployment, and it helps to develop new systems that allow for the development of more efficient methods of creation and circulation.
In addition , entrepreneurship permits individuals to manner a career that aligns with their values and beliefs, including caring for the surroundings or supporting others. It also increases work satisfaction, mainly because entrepreneurs have the opportunity to work for themselves and can direct their own fate. However , it is important to note that this form of career may be stressful since it lacks the protection net of a guaranteed pay.