In many Asian countries, passionate entrepreneurs are working to find new sustainable solutions to concrete social and environmental challenges. Focusing on corporate responsibility and social entrepreneurship is far from just a Western practice.
Not all social entrepreneurs are able to raise commercial funding. Many end up falling between two stools when operating in the cross-section of commercial and non-commercial enterprise: social foundations are reluctant to give grants to profit-making companies, and commercial investors hold back because it takes too long for them to create a financial return on [...]
Social entrepreneurs apply different growth strategies depending on their company’s development stage and whether they have quantitative or qualitative value-adding ambitions. It is about finding the optimalorganizational size and the right way to grow in terms of development, rather than pursuing growth for the sake of growth. In other words, size does not always matter, [...]
Although the concept of social entrepreneurship to many is much more appealing and sexy than mainstream commercial business, we need the power of both to push the field of socially responsible and socially innovative companies forward.
Posted in | All articles | By Tania Ellis | CSR/CSI/SocialBusiness | English | Social entrepreneurship