Entrepreneurship is actually a highly a comprehensive field that advantages from the integration of various disciplines. The field of social entrepreneurship is no different. With respect to Gregory Dees, “the social entrepreneurship is a new form of entrepreneurship that seeks to create a positive impact in society simply by integrating creativity with the business model” (Worsham 2012). Hence, it is essential that universities combine social savoir and entrepreneurship education in order to foster the expansion of social entrepreneurs and address the challenges posed by this trend.
One of the main features of this happening is the fact so it involves a very strong readiness to innovate and change. This originality can be geared towards enhancing or changing an existing product or service, or it’s really a totally new advent. Entrepreneurs are prepared to take risks and can tolerate failure since 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. That is achieved through the creation of an company that gives goods and services that meet actual needs. Creating these companies provides multiple benefits: it reduces unemployment, and it helps to develop new technology that allow for the introduction of more efficient ukpip.org/generated-post/ methods of development and division.
In addition , entrepreneurship permits individuals to vogue a career that aligns with the values and beliefs, including caring for environmental surroundings or aiding others. In addition, it increases work satisfaction, since entrepreneurs have the opportunity to work for themselves and can direct their own fate. However , it is vital to note that sort of career may be stressful since it lacks the safety net of a guaranteed wage.