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Social Entrepreneurship Business Models: Incentive by K. Sommerrock

By K. Sommerrock

Exploring how social entrepreneurial companies are literally capable of create strategies that take on social and ecological difficulties this book makes out incentives as a key component of their worth production and identifies particular suggestions for social price creation.

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Evolution and Context 33 44. The Schwab Foundation for Social Entrepreneurship homepage. org/; accessed 7 November 2007. 45. Barendsen and Gardner (2004), p. 44. 46. Expert interview Wolfgang Hafenmayer (29 September 2008). 47. BonVenture homepage. de/content/ home/; accessed 7 November 2007. 48. For a discussion of different terms for the third sector, see Salamon and Anheier (1997a), p. 12 et seq. and Wagle (1999), p. 527 et seq. Among others, the organization Ashoka argues for a positive labelling of the third sector, naming it the citizen sector rather than the non-profit or non-governmental sector; see the Ashoka homepage, section ‘Citizen sector’.

Opportunity recognition is a core element of entrepreneurship theory. Recognizing an opportunity means that an entrepreneur not only spots the opportunity but also implements it. 23 Recognizing and implementing opportunities also involves the ability to put formerly idle resource to use, to attract resources that are not controlled, and to move networks of people and organizations to action. Innovation and transformation. 28 Organization. The organizational dimension of entrepreneurship deals with the aspect of ownership.

353. 31. Nicholls (2006), p. 2. 32. Robinson (2006), p. 96. SE stands for social entrepreneurship; NGO stands for non-governmental organization. 33. Bornstein (2005), p. ; Nicholls (2006), p. 2. 34. United Nations Millennium Development Goals homepage. org/millenniumgoals/; accessed 15 May 2008. 35. As Heister states, ‘the environment for social entrepreneurs becomes more friendly’, Expert interview with Oda Heister (7 October 2008). 36. Bornstein (2005), p. 16; Nicholls (2006), p. 2. 37. Cabinet Office homepage.

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