Entrepreneurship may be a highly multidisciplinary field that benefits from the integration of different disciplines. The field of social entrepreneurship is no exemption. Regarding to Gregory Dees, “the social entrepreneurship is a new entrepreneurship that seeks to create a positive impact in society simply by integrating invention with the business model” (Worsham 2012). Therefore, it is essential that universities incorporate social sciences and entrepreneurship education to be able to foster the expansion of social entrepreneurs and address the challenges carried by this happening.
One of the main features of this phenomenon is the fact that it involves a really strong determination to innovate and change. This creativity can be aimed towards enhancing or perhaps changing see here now an existing product or service, or it can be a totally new technology. Entrepreneurs are likely to take risks and can tolerate failure because they want to achieve success (Worsham 2012).
In many cases, the goal of social entrepreneurship is to enhance the quality of life of individuals in many communities. This is certainly achieved through the creation of any company that delivers goods and services that meet substantial needs. Creating these companies includes multiple rewards: it reduces unemployment, and it helps to build up new systems that allow for the development of more efficient methods of production and syndication.
In addition , entrepreneurship enables individuals to trend a career that aligns with the values and beliefs, such as caring for the surroundings or assisting others. In addition, it increases job satisfaction, mainly because entrepreneurs have the opportunity to work for themselves and can direct their own destiny. However , it is necessary to note that form of career can be stressful as it lacks the protection net of an guaranteed pay.