Entrepreneurship may be a highly a comprehensive field that benefits from the integration of different disciplines. The field of social entrepreneurship is no different. https://ukpip.org/data-room-services-and-their-influence/ Relating to Gregory Dees, “the social entrepreneurship is a new entrepreneurship that seeks to create a positive impact in society simply by integrating technology with the business model” (Worsham 2012). It is therefore essential that universities combine social sciences and entrepreneurship education to be able to foster the expansion of societal entrepreneurs and address the challenges carried by this happening.
One of the main characteristics of this trend is the fact that it involves a very strong determination to pioneer and change. This originality can be aimed at enhancing or changing an existing services or products, or it can be a totally new technology. Entrepreneurs are willing to take risks and can endure failure mainly because they want to become successful (Worsham 2012).
In many cases, the objective of social entrepreneurship is to enhance the quality of life of men and women in most communities. This is achieved through the creation of a company providing you with goods and services that meet true needs. Creating these companies contains multiple rewards: it decreases unemployment, and it helps to build up new technology that allow for the introduction of more efficient methods of production and the distribution.
In addition , entrepreneurship permits individuals to vogue a career that aligns with their values and beliefs, such as caring for the environment or helping others. In addition, it increases job satisfaction, since entrepreneurs have the opportunity to work for themselves and can direct their own success. However , it is crucial to note until this kind of career can be stressful as it lacks the safety net of the guaranteed wage.