Social Entrepreneurship and Venture Philanthropy in Germany (Social Entrepreneurship und Venture Philanthropie - Erste Ansaetze in Deutschland)
Technische Universität München - Center for Entrepreneurial and Financial Studies
April 27, 2006
Erschienen in: Management am Puls der Zeit, Festschrift für Univ. Prof. Dr. Dr. h.c. mult. Horst Wildemann, Band 1: Unternehmensführung, hrsg. von I. Hausladen, München 2007, S. 57-70.
Social entrepreneurship is not a new phenomenon. Franz von Assisi, Florence Nightingale, Maria Montessori and Friedrich Wilhelm Raiffeisen are just a few examples of social entrepreneurs from the last centuries, even though they were not called social entrepreneurs at their times. However, social entrepreneurship has only relatively recently been identified as a research domain, first in the U.S. and Britain, later also in continental Europe.
Venture philanthropy can be seen as the equivalent of social entrepreneurship in the financial world. The term describes the application of venture capital methods to the financing of social ventures. It is a relatively young phenomenon, but already gaining increasing interest from researchers. But just like entrepreneurship and venture capital differ between countries, social entrepreneurship and venture philanthropy might also differ. The paper therefore gives an overview of social entrepreneurship and venture philanthropy in Germany.
Note: Downloadable document is in German.
Number of Pages in PDF File: 12
Keywords: Venture Capital, Venture Philanthropy, Venture Capital
JEL Classification: M13Accepted Paper Series
Date posted: July 2, 2008 ; Last revised: September 30, 2008
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