Chapter 15 SociaL entrepreneurship. The topics discussed in this chapter are: explain the professional venture investing cycle and its relevance to entrepreneurs seeking professional venture capital, describe the venture capital screening process & list characteristics central to determining a venture capitalist’s willingness to invest,. | Entrepreneurship Canadian Edition William D. Bygrave, Andrew Zacharakis, Sean Wise 1 SOCIAL ENTREPRENEURSHIP Chapter 15 2 3 Learning Objectives The Rise in Social Entrepreneurship Learning Objective Explain the rise in social entrepreneurship. Social Entrepreneurship Defined Learning Objective Discuss the different definitions of social entrepreneurship. A Social Entrepreneurship Typology Learning Objective Differentiate among the various social entrepreneurial ventures. Measuring Impact Learning Objective Explain how social entrepreneurs measure their impact or outcomes. 3 Key Concepts Social entrepreneurship Social entrepreneurship vs entrepreneurship Social entrepreneurship vs CSR Social entrepreneurship vs charity Dees’ Defining Actions 4 What Is Social Entrepreneurship? Classical entrepreneurs seek financial gain Social entrepreneurs start with a social mission All Social Entrepreneurs are Entrepreneurs 5 Why Mission Matters 6 Non-Profit vs. For-Profit 7 Definition of Social Entrepreneurship To create or apply economically viable models to achieve social or environmental value or change Dees: “Social entrepreneurs play the role of change agents in the social sector” by engaging in certain actions: Social Entrepreneurship vs Corporate Social Responsibility (CSR)? Social Entrepreneurship vs Charities? 8 Gregory Dees’ Actions that Define Social Entrepreneurship Creating and sustaining social value Relentlessly pursuing new opportunities Acting without being limited by resources Exhibiting accountability 9 Taxonomy of Categories Imitative nonprofit organizations Innovative nonprofit organizations Hybrid nonprofit organizations For-profit organizations (Corporate social responsibility does not count) 10 Nonprofit Organizations Designated by Canada Revenue Agency Serve the social interest Examples: charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports, preventing animal cruelty 11 . | Entrepreneurship Canadian Edition William D. Bygrave, Andrew Zacharakis, Sean Wise 1 SOCIAL ENTREPRENEURSHIP Chapter 15 2 3 Learning Objectives The Rise in Social Entrepreneurship Learning Objective Explain the rise in social entrepreneurship. Social Entrepreneurship Defined Learning Objective Discuss the different definitions of social entrepreneurship. A Social Entrepreneurship Typology Learning Objective Differentiate among the various social entrepreneurial ventures. Measuring Impact Learning Objective Explain how social entrepreneurs measure their impact or outcomes. 3 Key Concepts Social entrepreneurship Social entrepreneurship vs entrepreneurship Social entrepreneurship vs CSR Social entrepreneurship vs charity Dees’ Defining Actions 4 What Is Social Entrepreneurship? Classical entrepreneurs seek financial gain Social entrepreneurs start with a social mission All Social Entrepreneurs are Entrepreneurs 5 Why Mission Matters 6 Non-Profit vs. For-Profit 7 .
