Though traditional, commercial entrepreneurship and social entrepreneurship have many things in common, however there are a few essential distinctions. Aspecialist in the area of social entrepreneurship and social invention, the writer, considers social entrepreneurship provides a transformative grassroots alternative to the typical way of doing business.
This article accentuates four essential characteristics in which social entrepreneurs differentiate from their traditional equivalents, stemming from the important distinction between "value creation" and "value capture." He calls for mainstream economic theories and business models to admit the valid place of "others-attentiveness," and not only self-interest, as a key driver of substitute, highly imperative business decisions.
PUBLICATION DATE: September 20, 2014 PRODUCT #: IIR125-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
