Entrepreneurship is known as a highly a comprehensive discipline that advantages from the integration of various disciplines. The field of social entrepreneurship is no exemption. With respect to Gregory Dees, “the social entrepreneurship is a new form of entrepreneurship that seeks to create a positive impact in society by integrating new development with the organization model” (Worsham 2012). Hence, it is essential that universities incorporate social savoir and entrepreneurship education in order to foster the expansion of societal entrepreneurs and address the challenges posed by this trend.
One of the main features of this trend is the fact which it involves an extremely strong willingness to innovate and change. This development can be geared towards enhancing or changing an existing goods and services, or it’s rather a totally new technology. Entrepreneurs would like to take risks and can put up with failure because they want to achieve success (Worsham 2012).
In many cases, the aim of social entrepreneurship is to increase the quality of life of folks check in many communities. This is certainly achieved throughout the creation of the company providing you with goods and services that meet true needs. Creating these companies contains multiple rewards: it reduces unemployment, and it helps to formulate new technologies that allow for the introduction of more efficient methods of creation and distribution.
In addition , entrepreneurship permits individuals to manner a career that aligns using their values and beliefs, such as caring for the planet or aiding others. Additionally, it increases job satisfaction, because entrepreneurs find work for themselves and can immediate their own future. However , it is vital to note until this type of career can be stressful since it lacks the protection net of an guaranteed earnings.