Social Entrepreneurship - Essay Example

The author analyzes a situation which relates to how to introduce elements of for-profit business in a business which is typically Social Entrepreneurship.... The business model of Kiva is based on the notion of Social Entrepreneurship as it offers loans to entrepreneurs in poor countries....

This of course happened amid various risks and uncertainties thereby boosting the confidence of such Social Entrepreneurship Undoubtedly, entrepreneurship has swept across many regions with small businesspersons embracing the concept even when facing unpredictable challenges.... However, Social Entrepreneurship has taken the center stage in the recent past with most entrepreneurs, both small scale and large scale, have suddenly taken the industry by a storm (Bornstein & Davis, 2010)....

This influenced my vision of developing an academic base that can establish my economic and Social Entrepreneurship for reaching out and helping the needy population segment to find safe alternatives to solving their problems.... The academic pursuit for the professional establishment and economic stability was my identified initial goal towards my long-term objective of economic and Social Entrepreneurship for the empowerment of disadvantaged population segments and is my motivation into the application....

Due to the global expansion of information, technology and organizing capability, there emerged a growing attention to Social Entrepreneurship explained by such factors as economic, social and political changes (Hoogendoorn, Pennings & Thurik, 2010).... With such huge alteration,… That is why public and private initiatives should increasingly recognize Social Entrepreneurship to address a wide range of these social needs (Bornstein & Social entrepreneurs look to market products to meet the human needs as much as possible, distinguish themselves from other social venture players by doing real things....

These individuals are the social entrepreneurs and these are their businesses, which have already created a phenomenon of Social Entrepreneurship in practice.... Due to many researches that were studied, there are several definitions of Social Entrepreneurship.... Despite the possible consideration that entrepreneurship is simple earning money through selling things, Kuratko (2009) states that entrepreneurs are the “heroes of today's marketplace”....

The following paper under the title 'Social Entrepreneurs and the Actual Context' gives detailed information about Social Entrepreneurship which has attracted more research within the field of entrepreneurship and in the nonprofit marketing literature.... This paper addresses these issues and solidifies the theory that through Social Entrepreneurship even a small organization can transform into a global organization.... In the past few years, there has been a growing interest in Social Entrepreneurship with the increasing competition in non-profit organizations....

The first part of this paper shall focus on giving a brief background of a leader that is suited for Social Entrepreneurship.... hellip; Given the challenges posted to businesses today on being socially responsible, Social Entrepreneurship is regarded as a viable solution toward attaining sustainable business operations.... Indeed, the recognition of values that are geared toward creating positive impacts to culture and society make Social Entrepreneurship conceptually attractive....

Moreover, these organisations are maintaining the accuracy and transparency of the system and illustrating the different attributes of operations that has many a times led to the synonymity of the terms, 'Social Entrepreneurship' and Corporate Social Responsibility (CSR) (Leadbeater, 1997).... It is even noted that Social Entrepreneurship is likely to find a place within all modes of business operation and develop the social system along with profit maximisation (Leadbeater, 1997)....