Importance Of Social Entrepreneurship In The 21st Century

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Introduction Social Entrepreneurship for the 21st Century: Innovation Across the Non-profit, Private, and Public Sectors is the first book written by Georgia Levenson Keohane. The book was published by McGraw Hill in December 2012. The formal study of Georgia Levenson Keohane began with Paul Kennedy, Allen Grossman, Jim Austin, and William Julius Wilson, and has continued with the field’s finest practitioners including Muhammad Yunus, Bill Drayton, Jose Velilla, Jessica Sager, and Aaron Lieberman. She was able to have conversations with Alan Khazei, Matt Klein, Tracy Palandijan, Audrey Choi, Kristin Morse, and Veronica White with how social entrepreneurship works among non-profit, private, and public sectors. The Social Entrepreneurship Revolution…show more content…
High levels of earned income are often not innovative and may not be related with high levels of social impact. The business orientation of a social entrepreneur is that it seeks to change the world’s big patterns for the good of all. It is associated with efficiency, dynamism, innovativeness, high performance and economic sustainability. The social enterprise has been learning how systems change work together. The entrepreneurs now days face more complex and requires set of tools addressed for existing systems. A system changing is the proposal of new solutions to a current social challenge. An entrepreneur must have a deep understanding of the system they are trying to change or improve. Early Social Entrepreneurship: The Service Organizations The early social entrepreneurship was defined by Wendy Kopp, the founder of Teach for America (TFA). It should be entrepreneurial, innovative and business friendly. Entrepreneurial in a way that services or goods should be able to reach in need communities. Innovative in which adjustments are made in the operations model to be able to adapt. Business friendly where in

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