Social entrepreneurship is a rapidly growing movement and it has attracted an increasing attention nationally and internationally in recent years. Numerous institutions such as international organisations (e.g. World Bank), world-class universities, governments, public agencies, private corporations and entrepreneurial firms are paying attention to the phenomenon and dedicating resources to social entrepreneurship. The central driver for social entrepreneurship is the social problem being addressed in an innovative and entrepreneurial way, with an objective to create and sustain social and economic value. Such value creating activity can occur within or across the organisations in the third sector, private, or public sectors (Austin et al., 2006; Zahra et al., 2009) or hybrid organisations that mix elements of non-profit and for-profit organizations. A wide range of employers are increasingly seeking individuals that can apply entrepreneurial and innovative solutions to social and environmental problems.
This module is designed to raise the awareness, and develop understanding, of social entrepreneurship and the emergence of a new form of organisation – social enterprises embedded within a changing national and international socioeconomic and political context. The emphasis is on the entrepreneurial skills and frameworks required to create and manage a growing social venture. You will learn the role that social entrepreneurs play in society and the key challenges that they face in their work; and examine leadership, organisational and structural aspects of social entrepreneurship that are important for the formation and sustainability of social ventures