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Social Entrepreneurship PDF

This document defines social entrepreneurship and discusses its importance. It provides definitions of social entrepreneurship from experts that emphasize caring for people and resources over profits. Social enterprises are cause-driven businesses that improve socio-economic objectives and public welfare. Social entrepreneurs pursue novel solutions to community problems and create positive social change through their initiatives. The document differentiates entrepreneurs from social entrepreneurs based on their goals, objectives, profit motives, risks taken, and links to social problems. It also outlines the core elements of social enterprises and the qualities needed to succeed in a social entrepreneurial environment, such as adaptability, positivity, and being a team player.
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0% found this document useful (0 votes)
115 views4 pages

Social Entrepreneurship PDF

This document defines social entrepreneurship and discusses its importance. It provides definitions of social entrepreneurship from experts that emphasize caring for people and resources over profits. Social enterprises are cause-driven businesses that improve socio-economic objectives and public welfare. Social entrepreneurs pursue novel solutions to community problems and create positive social change through their initiatives. The document differentiates entrepreneurs from social entrepreneurs based on their goals, objectives, profit motives, risks taken, and links to social problems. It also outlines the core elements of social enterprises and the qualities needed to succeed in a social entrepreneurial environment, such as adaptability, positivity, and being a team player.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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NSTP-CWTS 2

MODULE 7- SOCIAL ENTREPRENEURSHIP

Study: Guide 1 The following are the definition of social


entrepreneurship from some educators, experts,
and authorities:

Social Entrepreneurship: the definition of social


entrepreneurship up to the present day has no
OVERVIEW clear agreement yet and with much debate but
according to some authors and noted business
This module is consisting of (3) three study guides
advocates it may be defined simply as way of
that would help learners boost their social
creating business that emphasizes a greater care
awareness and participation on becoming Social
for the people and natural resources employed.
Entrepreneurs in their respective Local Government
(Nichols and Thompson 2008)
Units. It would also enrich their knowledge and skills
in helping their respective community thrive, in view
Social Enterprise: is a cause-driven business whose
with our Governments goals in uplifting poverty and primary reason is to improve socio-economic
strengthening our economy focusing on Gross objectives in the promotion of public welfare. (Seth
Domestic Products and local Enterprises. Godin, What is a social enterprise)

LEARNING Social Entrepreneur: is a person who pursues novel


applications that have the potential to solve
OBJECTIVES community-based problems. These individuals are
willing to take on the risk and effort to create
After studying this module, you as a learner should positive changes in society through their initiatives.
be able to: Social entrepreneurs may believe that this practice
1. Understand the concept of Social is a way to connect you to your life's purpose, help
others find theirs, and make a difference in the world
entrepreneurship and its importance to the (all while eking out a living). (Adam Hayes)
socio-economic scene as viewed in local
setting.
2. Differentiate the difference of LEGAL BASIS: MAGNA CARTA
entrepreneurs from social entrepreneurs
FOR SOCIAL ENTERPRISES
3. Participate in social venture to their
respective barangays, municipalities (House Bill 6085)
4. As final output a student would provide a
video clip portraying the principles of social
entrepreneurship and participating in an
DIFFERENCE BETWEEN
actual social enterprise. ENTREPRENEUR AND
SOCIAL ENTREPRENEUR
TOPIC
OUTLINE
1. Social Entrepreneurship concept and
definition
2. Difference of entrepreneurship from social The table above shows the key differences between an
entrepreneurship ENTREPRENEUR and SOCIAL ENTREPRENEUR as to
3. Importance/role of social entrepreneurship characteristics/key elements as to their:
4. Core elements of social enterprise. ➢ Goals
5. Process/Creation in social entrepreneurship ➢ Objective
➢ Profit Motive
sustainable innovations at solving social ➢ Risk
problems. ➢ Growth
➢ Link to Social Problems
➢ Feedback
SOCIAL ENTREPRENUER, ➢ Competition
➢ Capital
SOCIAL ENTERPRISE, AND
SOCIAL ENTREPRENUERSHIP
DEFINED

Social Entrepreneurship Defined

Study Guide 7 –Social Entrepreneurship | Page 1 of 4


LEARNING ACTIVITY 1 The table above shows the three (3) core elements
of Social Enterprise and their end goals towards
National development.

➢ The main goal of a social entrepreneur is


1. Define Social Entrepreneurship? not to earn a profit. Rather, a social
2. Cite 5 differences between Social entrepreneur seeks to implement
Entrepreneurship and Entrepreneurship? widespread improvements in society.
3. Explain the process of Social However, a social entrepreneur must still be
Entrepreneurship (Limit your answers to 3- financially savvy to succeed in his or her
5 sentences only) cause.
➢ A rule of thumb is a social enterprise or
social business is has specific social
objectives that serve its primary purpose.
Study Guide 2: Social enterprises seek to maximize profits
while maximizing benefits to society and
IMPORTANCE OF SOCIAL the environment. Their profits are
principally used to fund social programs.
ENTREPRENUERSHIP

CREATION OF SOCIAL
ENTREPRENUERSHIP

CORE ELEMENTS OF
SOCIAL ENTERPRISE

Study Guide 7 –Social Entrepreneurship | Page 2 of 4


QUALITIES NEEDED TO • Gives trainings to improve the quality
standards of income generating projects
SUCCEED IN A SOCIAL and livelihood
• Provides variety and versatility to already
ENTREPRENEURIAL
existing programs and income generating
ENVIRONMENT projects
• Address specific issues on malfunctioning
Adaptability- able to adjust in any form of social livelihood programs and policy models.
environment, regardless of culture, race and • Innovation through research
traditions.

Positivity-being optimistic even in dire situations THE CORE OF SOCIAL


are one of the keys to succeed not just in social-
entrepreneurship but in life in general. ENTREPRENUERSHIP
Resourcefulness- most of the time we are left with
Social entrepreneurship’s core is solely based
minimal resources (ie. funds and materials) to
on a framework for businesses to
create income generating projects, we should be
resourceful in maximizing what we have to obtain find their own success in the pursuit of helping
greater results. others. It's a constant source of motivation for
employees, especially for Generation Y, X, and
Team Player: A social entrepreneur should be a so on, which is increasingly sceptical about the
good team player able to fit in with any group and traditional corporate work environment.
realize his/her role in that organization for level and
systematic operations able to go with the flow.
The essence of Social entrepreneurship is not
for profit alone but it always carries with the
Effective and competent: possess the required
intent to help the community and provide
knowledge and competency to produce prodigious
results that are significant in attaining growth and opportunities in alleviating a person’s way of
development at the shortest time. life.

Willingness to learn: A social entrepreneur must be It is always patterned on the view of the
open to all sorts of comments, always aspiring to Government’s goal in promoting a balanced,
improve his/her craft healthy, and developed community in the
hopes that it would minimize poverty in a
certain community, thru private investors
engaging in business, providing jobs,
LEARNING ACTIVITY 2
infrastructures, accessible roads, and markets
of goods and services to the common people.

1. Give at least 3 importance of Social


Entrepreneurship?
2. Explain the process involve in creating a EXISTING LOCAL
social enterprise?
PROJECTS IN SOCIAL
ENTREPRENEURSHIP
Study Guide 3: (PROVINCE AND
MUNICIPALITIES IN
Social entrepreneurship in PANGASINAN
its shortest definition is
• Lingayen’s Capital Town’s OTOP product is
commerce for social welfare. In “Bagoong” as per Ordinance No.6, s-2012 of
involving the community one the Sangguniang Panlalalwigan of
Pangasinan;
must take into account the • Dagupan City’s milkfish, the popularly
following prerequisites: known “Banugs”;
• Sual and San Fabian are known for their
dried salted fish:
• Presents greater opportunities to the
• Dasol and Infanta towns are where
community
hundreds of hectares of salt farm are
located;

Study Guide 7 –Social Entrepreneurship | Page 3 of 4


• Calasiao is famous for its white gold, sweet, 1. Project Analysis on existing Local Social
and bite-sized “puto.” enterprises.
• Bayambang is fastly known by food 2. Immersion 6(Hours): Participate in a
enthusiasts because of its “buro,” the livelihood project in your respective
fermented rice –and fish mix. barangays implicating your involvement
• Binalonan and Bugallon for their jugs of and contribution. (Must be in a form of
vinegar that are found on stalls along the Video clip)
highways;
• San Carlos City is acknowledged for its
bamboo craft and its luscious mangoes;
• Mangalan is recognized as the place to go
REFERENCES
to when one craves tasty “tapa”.
• Mapandan is known for its molasses sugar; For the People, with the people : Developing
• Sto. Tomas residents make bags and Social Enterprises
another décor from cornhusks after
adopting corn as its OTOP; Ma. Regina M. Hechanova-Alampay: 2018
• Bugallon chose to develop ”duhat” (native
Social Entrepreneurship by: Chao-Wolfgang-
blackberry) wine instead of improving on
its nipa vinegar; Bielefeld 2016
• Urdaneta City recently adopted squash as
Social Entreprenuership: Concepts and
its favored product after its training center
developed different recipes from the Overview by: Tucker 2018
vegetables.
Readings and Links: Credits given to:
• Alaminos City takes pride in its tourism
prospects because of the Hundred Islands https://ssir.org/articles/entry/social_entrepreneurship_the_
National Park; and case_for_definition
• Balungao is cashing in on its goat trade.
https://www.managementstudyguide.com/social-
entrepreneurship.html

Criteria for assessing a Prepared and Compiled by:


Social Enterprise ELISA C. CRISTOBAL Ph.D

EDWIN C. DE LUNA, MA.Ed, Ll.B


Criteria Poor Good Best
Benefits
enjoyed
and equally
distributed
to majority
of the
Public
Increases
Social
awareness

Improves
failing
market
Structure
Innovative
and
practical

LEARNING ACTIVITY 3

Study Guide 7 –Social Entrepreneurship | Page 4 of 4

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