Social Entrepreneurship 2024 Flashcards
What is social entrepreneurship?
A process through which a social entrepreneur develops a venture that act as a social enterprise, which its entrepreneurial activity has the creation of social added value as it PRIMARY goal.
what is a social enterprise?
its an organization pursuing market-oriented economic activities to serve a social goal. Which behaves as a hybrid of social and economic goals. With a participatory governance.
What are the EMES Dimensions
- Economic and entrepreneurial
- Social dimensions
- Specific governance
What does the economical dimension involves?
- Continuos activity producing goods and/or selling.
- Significant level of ECONOMIC RISK
- Resources mix: minimum amount of paid work
What does the social dimension involves?
- Explicit aim to benefit the community, not only the members
- Initiative launched by a group of citizens or civil society orgs.
-Limited profit distribution
What does the Governance dimension involves?
- High degree of autonomy
- Decision makeing power
- Participatory
- Involves various partys affected by the activity
what is social capital?
Resources embeded in networks that can be mobilized through social interactions that lead to potential benefits for both individual and collective actors.
What are the forms of social capital?
- Linking (across vertical gradients)
- Brindging (between networks)
- Bonding (within networks)
What does the linking social capital involves?
(Across vertical gradients) Connections to people or entities with power or resources, such as government representatives, non-gov. orgs. or authority figures.
What does the bridging social capital involves?
(between networks) Connections to people who are not like you in some demographic sense.
What does the bonding social capital involves?
(Within networks) Connections to people like you, such as family, relatives, kinship.
which are the social enterprise models?
- Social Cooperatives SC
- Social Business SB
- Entrepreneurial Non-profit (ENP)
- Public-sector social enterprise (PSE)
How the different social enterprise models differ?
Primarily in terms of ownership, profit distribution, funding resources, and legal structures.
Which are the similarities between the different SE models?
- Social mission focus
- Revenue generation
- Reinvestment of profits
- Innovation and entrepreneurship
- Blended value proposition
- Stakeholder engagement
- Accountability and transparency
- Sustainable long term impact
- Legal and ethical considerations
Describe a Social Cooperative SC
Combines pursuit of members’ mutual interests with advancing interests of a broader local community. Cooperative can be a legal form or a governance principal.
Give examples of a Social Cooperative SC
Citizen Cooperatives
Community Pools
Villages Shops
What are the principles of Social Cooperatives?
- Voluntary and open membership
- Democratic member control
- Member Economic Participation
- Autonomy and independence
- Education, training and info
- Cooperation among cooperatives
- Concern for community
Describe a Social Business SB
Social mission-driven FOR PROFIT business toward general interests, which can be embedded in ther nature of product, process, production or workforce. The social mission is the primary goal and the profits are only the means.
Give examples of Social Business SB
Social pharmacy, the social bank in India.
Describe a Entrepreneurial Non-Profit ENP
Selling any type of goods and operated by and within a charity, Non-profit workin integration social enterprises, non profit orgs. developing an earned-income business in support of their social mission.
Give examples of Entrepreneurial Non-profit ENP
Community housing (uk example), non profit health services, Collaborative housing providers, Volkshilfe, prociegos y sordos.
Describe a Public-Sector Enterprise PSE
National or löocal goverment seek to reduce costs of public services provision and higher efficiency, spins-offs of goverment management, transfer of public services to community governance and partnerships with non-profit orgs. RESULTS IN AUTONOMOUS ORGS.
Give examples of a Public-Sector Enterprise
El intecap.
What is social innovation?
Creating novel processes and practices that address a social problem in a better way than existing solution.
What are the 3 key dimensions of social innovations?
- Satisfaccion of human needs
- Engagement and mobilization of beneficiaries
- Reconfigurations of social relations and power structures
What is the difference between social enterprise and social innovation
Social innovation is not necessarily market-oriented, bu social entrepreneurship is. Social innovation is related to novel initiatives introduced by social eGnterprises, public sector…
What are the contributions of social enterprises to key policy objectives of the EU?
- Social cohesion enhancement (equal opportunities, access to social health, services supply)
- Employment creation
- Migrant integration
- Energy transition participation
What is the social enterprise ecosystem?
- Capacity of self-organize
- Visibility and recognition
- Resources
- Research, education and skill development
Legal forms of social enterprise
- Associations
- Non profit
- GmbH, gGmbH (limited companies)
- Cooperative
Policy making for social enterprises.
- Data gathering
- delimitation
- definition
- mapping
- Actors
- financing - Analysis and interpretation
- evaluation framework
- research, education and skills development
- understanding rationale and competitive advantages - planning and forecasting
- predicting future trends
- action plans - policy making to develop SE and it ecosystem
- increased visibility
- increased identity
- increased recognition
What’s the difference between double and triple bottom line.
Both measure the success of the SE based on performance. Double line involves financial and social impact. While triple also considers the environmental, ecological footprint.
How SEs measure their impact?
- Social Return on Investment
- Environmental impact assessment
- Transparency reports
Which are the type A and B Social Cooperatives?
Type A
-provide health, social or educational services
-members include both, services providers and beneficiaries
-focus on improving community well being
Type B
- Integrate disadvantaged individual into the labor market
- Members are permanent workers and previously unemployed people
- Target group include people with disabilities, addictions, disorders or legal problems.