Paper Sample on Social Entrepreneurship: Alleviating Poverty & Other Societal Problems

Introduction

Social entrepreneurship has continued to eight communities in alleviating multiple problems in Society. Such problems include poverty, health issues, and many more which have been sold effectively through social entrepreneurship. One of the most influential kinds of entrepreneurship that has occurred in the world today is poverty alleviation. Many entities have come up with workable solutions to try and solve the challenge of poverty in third world countries. This has occurred effectively through the provision of small loans with low-interest rates. The aim of these has not only been to make money out of the people who have access to the loans but also to provide a platform for the companies to generate Revenue. Social Enterprises work in such a manner that the contributions of those who can pay fully for the loans can afford to pay for those who cannot do so. One of the major players in the social entrepreneurship field is Muhammad Yunus. Muhammad has helped millions of individuals in communities to access small loans to help them alleviate poverty. This has gone a long way in providing a measure for individuals to get access to much better lives that have lesser challenges and are more endowed to reduce their poverty levels and access basic amenities such as healthcare and education for their children. This report aims to assess the effectiveness of social enterprises in solving challenges in society such as poverty.

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Source 1

Dwivedi, A., & Weerawardena, J. (2018). Conceptualizing and operationalizing the social entrepreneurship construct. Journal of Business Research, 86, 32–40. DOI:10.1016/j.jbusres.2018.01.053

This article is focused on analyzing the social construct and operationalization of social Enterprises in Society. It proposes a social measure for social entrepreneurship orientation by building on various past qualitative work that is focused on social entrepreneurship and analyzing the concept of Enterprises. It also critically highlights the emergent effectuation Theory which is focused on the Enterprise and the characteristics they process towards maintaining the success of an entity. The authority of this article is based on the fact that it relies on research out of a survey collecting data from 507 US-based social enterprises. It offers a variety of dimensions related to social entrepreneurship orientation which are effectual, innovativeness, social mission orientation, proactiveness, and risk management. All of these are characteristics related to entrepreneurs in the common concept of business. The article raises the question of whether social entrepreneurs meet the same standards and whether they drive business in their Enterprises in a similar way employing such activities as innovation to provide better solutions to those who buy from these Enterprises.

This paper is useful in the research since it highlights specific information that relates to the authority of social entrepreneurs in the business world as entrepreneurs. This will aid in helping to understand how social Enterprises function and the similarities they have with other businesses in the world. The analysis for the effectiveness of social Enterprises is based on the impact that they have on society and this can only be assessed through information relating to how the enterprises function and how effective they are in solving challenges of communities around the world in their various social contexts.

Source 2

Rawhouser, H., Cummings, M., & Newbert, S. L. (2019). Social impact measurement: Current approaches and future directions for social entrepreneurship research. Entrepreneurship Theory and Practice, 43(1), 82-115.

This article effectively recognizes the limitations existing in measuring the effectiveness of social Enterprises within the community especially their social impact. Methods to analyze the impact of social Enterprises remain underdeveloped and are only based on theoretical structures that have not yet been proven or successfully developed and this limits the process of analyzing their impact. The modern context of social Enterprises involves businesses that combine both situations and profit-generating activities which make them hybrid organizations. The social business Enterprises can only be measured through their societal impact and social performance on various skills. According to the authors, there is a high level of increase in organizations that are interested in social causes as well as research that is focused on analyzing the influence of social Enterprises on society. However they still a major limitation in the standards that can be used to measure the influence of these institutions.

The article utilizes secondary research to develop a conclusion on how to measure social impact by collecting a total of 71 relevant papers and business journals. This paper will be influential in providing a mechanism upon which social impact can get measured. This will make it possible to understand the influence of social Enterprises on society and whether they are making a Mark or their efforts are fruitless in solving the problems for which they have gotten established.

Source 3

Kimmitt, J., & Muñoz, P. (2018). Sensemaking the ‘social' in social entrepreneurship. International Small Business Journal, 36(8), 859-886.

According to Kimmitt & Munoz (2018), the foundational premises of social entrepreneurship is to promise a better future for those heat influences. However, the article comments that despite the huge focus of sociology entrepreneurship on social life being idealized there is a little exploration of the social aspect of social entrepreneurship. The lack of a vivid understanding of the social aspect limits development of a better understanding of the phenomenon and the activities that go therein. This article specifically analyses the aspect of society in this kind of entrepreneurship by analyzing how entrepreneurs make sense of problems that are social and how they develop social solutions to deal with such problems. This occurs with an analysis of a total of 15 social entrepreneurs who have made their contributions in various areas of social Enterprises and find out the influence they have on society and how they have developed Solutions that impact Society positively and change lives.

This article contains immense authority to speak on this topic seeing that it mainly analyses Enterprises that are in the social field and therefore it is appropriate for the research. It recognizes the impact of social Ventures in society especially solving problems that bedevil the Society in general. It will aid in providing information on the processes that social entrepreneurs make when trying to develop solutions for the Communities where they work and how this is effectively fulfilled while overcoming the challenges that may exist. It overcomes the challenge of the little amount of literature existent on the topic. However, there being little literature on the same topic limit the authority of the article since one cannot easily make comparison with other similar sources of data.

Source 4

Chell, E., Spence, L. J., Perrini, F., & Harris, J. D. (2016). Social entrepreneurship and business ethics: Does social equal ethics?. Journal of business ethics, 133(4), 619-625.

Despite the huge influence of social Enterprises on society they still lie some criticism on the nature of such businesses with some quarters claiming that they are developed with selfish interests at heart. This article is effective in analyzing this issue since it looks into the Ethical nature of the activities that social entrepreneurs carry out and whether they meet the basic standard of being ethical. It will go a long way in providing information on whether social Enterprises are ethical enough and whether the actions they carry out in trying to solve challenges for societies work and change people's lives.

The article recognizes that there is little inquiry into the Ethical nature of actions carried out by social Enterprises. It answers the question of whether social entrepreneurs have the capacity and ethics to distinguish between business and solving social problems. This will highlight the effectiveness of social Enterprises in really solving problems that people face in society and answering this question will help in analyzing the effectiveness of social enterprises. The article employees multiple conceptualist lenses to try and understand this issue and this gives it much of a warranty to communicate on the issue since there is a little level of bias. It is therefore very appropriate for use within the research project to provide information.

Source 5

Littlewood, D., & Holt, D. (2018). Social entrepreneurship in South Africa: Exploring the influence of the environment. Business & Society, 57(3), 525-561.

One of the key areas of social entrepreneurship is the environment and this article evaluates the influence of the environment on social entrepreneurship and how it interacts with it. There are existing and emerging discussions on the value of social entrepreneurship towards the environment in Africa and this paper specifically focuses on South Africa. Most of the areas where social entrepreneurship is concentrated are in third world countries and specifically, this paper discusses the issue of social entrepreneurship in Africa which makes it very valuable to the research project. The research paper utilizes a qualitative case study that Focuses on six social Enterprises that deal with challenges existing in the environment and trying to solve them. It explores the specific significance that social Enterprises have on the environment and its social interaction with those individuals that interact with this environment. It provides great insight into the institutional nature of the environment and their interplay that it has with social entrepreneurship in South Africa.

This research will be crucial to the research project in that it highlights the specific interactions that social Enterprises have with the environment and how they impact change upon Society through the environment. This makes it possible for them to solve problems that exist within Society which is an area that the research project aims to study by understanding the influence of these institutions on change focused on the environment. It will provide key data on how social Enterprises operate and function in third world countries and the effect they have there.

Source 6

Mair, J., & Martí, I. (2006). Social entrepreneurship research: A source of explanation, prediction, and delight. Journal of World Business, 41(1), 36–44. DOI:10.1016/j.jwb.2005.09.002

This article recognizes the concept of social entrepreneurship in comparison to other types of businesses and as a field of study. The research paper is focused on comparing the kind of approach used in social entrepreneurship and assessing it in terms of their assumptions contained in different fields of business and research. It puts forward a view of social Enterprises as a catalyst for social change and one that also addressed the various social need. It as well highlights the kind of business process utilized in social Enterprises that has little focus on financial benefits for entrepreneurs but rather changing the lives of people within a particular Society. The focus of the paper is to highlight the great distinction that exists between social Enterprises and other business types and especially the little focus that they have on profitability compared to transforming lives in various social contexts.