The Social Value of Productive Entrepreneurship
30 Pages Posted: 16 Dec 2010 Last revised: 30 Mar 2011
Date Written: September 2, 2010
Abstract
As a critical contribution to the social entrepreneurship literature, this paper first engages the concept of social entrepreneurship. Situating it within the distinctive context of charity and philanthropy, it provides structure and clarity. Next, it identifies related sources of social impact and value creation, positing social and economic value creation as potentially overlapping. It then provides comparative case studies focusing on Microsoft Corporation and Grameen Bank, to illustrate these issues relative to productive and social entrepreneurship. Recognized as highly successful innovative ventures, these two enterprises have had profound social impact on the world, even if that impact is derived from very different perspectives and motivations.
Keywords: Social Value Creation, Social Entrepreneurship, Philanthropy, Charity
JEL Classification: L26
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