SOCIAL ENTREPRENEURSHIP IN THEORY AND PRACTICE: PROMOTING ENTREPRENEURSHIP IN DIFFERENT SOCIAL GROUPS

Abstract

Entrepreneurship is the process of carrying out new combinations and putting a new product or service in use on the market. Innovation implies that individuals and society are able to do something that previously was not possible to do, or at least not be done so efficiently or economically. The article presents theoretical approaches to social entrepreneurship, the role of social entrepreneurs and an analysis of social groups and their failure to achieve to carry out innovations as an independent based process. There has traditionally been a huge misconception concerning the terminology social entrepreneur, not only among practitioners, governmental officers and politicians but also among scholars. However, when it comes to social entrepreneur most people think it has some connection to the kindness, mild personality and charitable character of the entrepreneur himself or even a socialist approach to the activity. This is all wrong. The social entrepreneur is an outstanding person specialized on carrying out innovations on the market directed towards social phenomena in a professional way. Many people want to glamor in the shine of the social entrepreneur role for various reasons, but just a few fill the concept properly. The role of social entrepreneur does not include a wide range of different social class group affiliations. Social entrepreneurship is a new way of participating in the process of developing the democracy for the common person without being elected as representative. However, there is still a long distance between theory and practice, and the most urgent feature is the intervention of politics in social entrepreneurship. Most citizens do not want to be only passive voters or mere consumers in society. Once they get information on the possibilities of active participation in the process of development, they feel attracted to devote their ideas and strength in the innovative process, turning ideas into productive projects. Economic progress is important to democratic development, the entrepreneur is the one who carry out innovations, and turn economic recessions to economic progress at all times.

Authors and Affiliations

Jan-Urban Sandal

Keywords

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  • EP ID EP109827
  • DOI -
  • Views 147
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How To Cite

Jan-Urban Sandal (2013). SOCIAL ENTREPRENEURSHIP IN THEORY AND PRACTICE: PROMOTING ENTREPRENEURSHIP IN DIFFERENT SOCIAL GROUPS. Role of Higher Education Institutions in Society: Challenges, Tendencies and Perspectives, 1(2), 244-249. https://europub.co.uk./articles/-A-109827