What is role of entrepreneurship in economic development?
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⬛⬛⛤Equity Promotion
Social entrepreneurship fosters a more equitable society by addressing social issues and trying to achieve ongoing sustainable impact through their social mission rather than purely profit-maximization.
⬛⬛⛤Social Capital
Next to economic capital one of the most important values created by social entrepreneurship is social capital (usually understood as “the resources which are linked to possession of a durable network of ... relationships of mutual acquaintance and recognition").
⬛⬛⛤⛤New Goods and Services
Social enterprises develop and apply innovation important to social and economic development and develop new goods and services. Issues addressed include some of the biggest societal problems such as HIV, mental ill-health, illiteracy☺☺☺☺☺✅✔✔✔✔✔✔✔✔✔✔⛤⛤⛤⛤⬛⬛⬛⬛⬛⬛⬛⬛
Social entrepreneurship fosters a more equitable society by addressing social issues and trying to achieve ongoing sustainable impact through their social mission rather than purely profit-maximization.
⬛⬛⛤Social Capital
Next to economic capital one of the most important values created by social entrepreneurship is social capital (usually understood as “the resources which are linked to possession of a durable network of ... relationships of mutual acquaintance and recognition").
⬛⬛⛤⛤New Goods and Services
Social enterprises develop and apply innovation important to social and economic development and develop new goods and services. Issues addressed include some of the biggest societal problems such as HIV, mental ill-health, illiteracy☺☺☺☺☺✅✔✔✔✔✔✔✔✔✔✔⛤⛤⛤⛤⬛⬛⬛⬛⬛⬛⬛⬛
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