Social Entrepreneurship Essay Example | Topics and Well Written Essays - 750 words

Social Entrepreneurship - Essay ExampleThis paper outlines that affable entrepreneurs ar becoming more and more vocal in these organizations, and are employ to strategize ways in which an organization may make a significant social impact in the market. Social entrepreneurship is involved in business strategies and counseling it is aimed at making an impact in the society, as the organization strategizes in the market. In such cases, innovation is important in coming up with social link up strategies, enabling an organization to have a positive social impact other than taking away from the community in which they operate through with(predicate) exploitation of resources.From this paper it is clear that innovation brings about better products to the market to benefit a society. Social entrepreneurs have to pinpoint problems in the society and sum up with measures to solve such problems for the betterment of the society. For example, some pharmaceutical companies such as GlaxoSmi thKline Company carry out massive studies in many societies, related to testing and innovating appropriate drugs. A social entrepreneur in such a company may come up with other projects such as provision of basic amenities to communities, examples being water, healthcare facilities or other facilities to benefit the entire society. Therefore, instead of the company being biased and benefiting from the society, such innovators are supposed to come up with ingenious projects to enhance a payback culture to the same society such actions have been used to strengthen the alliance between the company and the society in which such a company operates.Many textile companies are responsible for using toxic chemicals in cotton farming, and supply the same to cotton farmers.