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Social value creation as a core determinant from the impact of social entrepreneurship

The purpose of this research was to find out what Social Value is, how it
is created and in what way it is related to Social Entrepreneurship. The
study has been done at a time when the concept of Social
Entrepreneurship has come to the forefront at the outset of the 21st
Century; in an advent of rapid change and worldwide turmoil; yet an
academic understanding of Social Entrepreneurship has been lacking.
A Western-style capitalist economy has a highly functioning 'for-profit'
and government regulatory system, with civil society which carries an
obligation to have regard for those who 'have not.' The goodness-of-fit
between all three sectors determines the harmony, order and satisfaction
of a given population.
We now know that social Value is created when communities are
impacted with outcomes from the inspiration and perspiration of Social
Entrepreneurs and Support teams who are committed to alleviating
human need.
Social Entrepreneurs and their teams have a different outlook on life.
They live with a lack of financial security, are time-poor, persevering,
and resourceful; and they manage risk even as need is being resourced.
Based upon a robust literature of Entrepreneurship and Values theories
for meaning, data collection allowed for ten social ventures to be casestudied.
These lead to further enquiry into seven peak bodies designed to
be resourcing agencies. This research is important because a model has
been developed which effectively enables social ventures to service their
mission, and to stay viable. As a result of this, a way forward has been
identified where the impact from social entrepreneuring becomes a core
determinant of created Social Value.
The contribution of this research has been to lay a foundation in grassroots
social entrepreneurship which is supported by a Literature which
others following can add to or further define. There is now something
comprehensive drawn from the experiences of many in the field uipon
which to base further enquiry and future investigation.
Suggestions have also been made which need reinforcing at the Public
Policy level; others in the Social Policy sector will want to know the way
to reengineer a way out of the 'gap' which exists in the Capitalist System.

Identiferoai:union.ndltd.org:ADTP/216654
Date January 2006
CreatorsGillin, Loris Olwyn, n/a
PublisherSwinburne University of Technology.
Source SetsAustraliasian Digital Theses Program
LanguageEnglish
Detected LanguageEnglish
Rightshttp://www.swin.edu.au/), Copyright Loris Olwyn Gillin

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