PERCEPTIONS OF SOCIAL ENTREPRENEURSHIP
A better world:
Priority of aims The formulated, overall objective is entirely social but
subordinate financial objectives can be found.
Importance of commercial exchange and profit Commercial exchange and profit are only created with
the purpose of supporting the social objectives
Business:
Priority of aims:
The overall objective is entirely financial by subordinate
social objectives can be found
Importance of commercial exchange and profit Commercial exchange and profit are created for
supporting social objectives and making the business
financially sustainable
THE PARADOX: BUSINESS OR BETTER WORLD
A better world:
Primary objective Social
Sector The voluntary sector / non profit sector
Motive To create a better world and better conditions for people
The relevance of commercial exchange Supporting the primary social objectives
The relevance of social output The deeper purpose of creating social entrepreneurship
Business:
Primary objective Financial
Sector The for profit sector
Motive To create a financially sustainable business
The relevance of commercial exchange Crucial for the success and development of the
organisation
The relevance of social output A product similar to other commercial products
VARIOUS VENTURE MISSIONS:
Economic: Traditional - Focuses on the economic mission
- No social mission
- Good and profitable business through an
exploitation of market based opportunities.
Economic and Social: Social consequences - Social outcomes but are not the reason for the
firm’s existence
- Outcome of doing business CSR
A better world:
Priority of aims The formulated, overall objective is entirely social but
subordinate financial objectives can be found.
Importance of commercial exchange and profit Commercial exchange and profit are only created with
the purpose of supporting the social objectives
Business:
Priority of aims:
The overall objective is entirely financial by subordinate
social objectives can be found
Importance of commercial exchange and profit Commercial exchange and profit are created for
supporting social objectives and making the business
financially sustainable
THE PARADOX: BUSINESS OR BETTER WORLD
A better world:
Primary objective Social
Sector The voluntary sector / non profit sector
Motive To create a better world and better conditions for people
The relevance of commercial exchange Supporting the primary social objectives
The relevance of social output The deeper purpose of creating social entrepreneurship
Business:
Primary objective Financial
Sector The for profit sector
Motive To create a financially sustainable business
The relevance of commercial exchange Crucial for the success and development of the
organisation
The relevance of social output A product similar to other commercial products
VARIOUS VENTURE MISSIONS:
Economic: Traditional - Focuses on the economic mission
- No social mission
- Good and profitable business through an
exploitation of market based opportunities.
Economic and Social: Social consequences - Social outcomes but are not the reason for the
firm’s existence
- Outcome of doing business CSR
