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Entrepreneurship & Social Responsibility

What is Entrepreneurship? What is "Enfant Entrepreneurship? Why we have it? What are its examples?
by

Hamza El Fasiki

on 18 March 2014

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Transcript of Entrepreneurship & Social Responsibility

social Entrepreneurship
Definition of
Entrepreneurship
entre-preneur: Between-taker
Go-between
Origins
From French, "entreprende-eur," literally "one who undertakes."
History
Early Period:
Moroccan Peddlers : "ATTAR" ----------------)
Historical DEFINITION
Middle Ages:
Person in charge of great architectural buildings
17th C. :
person performing in a contratual arrangement with the goverenment
18th C.
: Present day :Venture Capitalists and Inventors
19th / 20th C
. : Innovators
Jean Baptiste Say:
"The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield."
Joseph Schumpeter
"the function of entrepreneurs is to reform or revolutionize the pattern of production."
social
used in the sense as in society, social good, social value, and social issues, and Social PROBLEMS
J. Gregory Dees
"For social entrepreneurs, the social mission is explicit and central. . . . Mission-related impact becomes the central criterion, not wealth creation. Wealth is just a means to an end for social entrepreneurs."
Social entrepreneurs address social issues,
such as:
energy
water
poverty
education
crime
drugs
hunger
healthcare
environment
rights
Four components:
Social Impact
Social Innovation
Sustainability
Scalability
Open - Collaborative
uses self-supporting finance methods for long-term impact
adoptable beyond the local context to catalyze and create systemic change
social mission with goal of fundamental change in the system
Bill Drayton,
Founder and CEO of Ashoka:
‘‘Social entrepreneurs are not content just to give a
fish, or teach how to fish. They will not rest until they
have revolutionized the fishing industry.’’
Models:
Enterprises with Corporate Social Responsibility (MicroFranchise)
SocialeBusinss
SE at the BOP - Bottom-of-the-Pyramid (MicroFinance)
Non-Profit: Portfolio of funding or granting
Hybrid Firms: Lucrative with a High Social SCM
Duke Center for the Advancement of Social Entrepreneurship
Social Enterprise Initiative at Harvard Business College
Skoll Foundation
Ashoka
Schwab Foundation for Social Entrepreneurship
Kennedy School of Government at Harvard University
Stanford Center for Social Innovation
World Bank Institute
Global Entrepreneurship Program at State Dept.
White House Office on Social Innovation and Civic Participation
Social Innovation Funds, Serve America Act
USAID
Examples
Problem:
In a country overwhelmed by sickness, poverty and unemployment, most South Africans suffering from the impact of HIV/AIDS have no way of supporting themselves or their families
Dying Heritage
Solution:
Fighting HIV/AIDS by providing South Africans with the opportunity to earn an income, support their families and nurture their creativity while preserving age-old African beadwork traditions.
Problem
Solution
Provide an effective and sustainable, financial and coaching services, tailored to the poor's projects to expand their development prospects.
Problem
Solution
In Argentina, a large segment of children are deprived from education for the simple reason that they have no shoes.
When TOMS sells a pair of shoes, Friends of TOMS donate a pair to a person in need.
Social Mission Quality: One for One
Social Change

Plan:
Entrepreneurship?

Social Responsibility

Social Entrepreneurship?
Entrepreneurs Operate at RISK
They buy at a certain price
and
sell at UNCERTAIN price
Reflections on
Entrepreneurs in Morocco
Entrepreneurial Spirit!
When does it start?
"
Enfant
" Entrepreneurs
When you were a child
have you ever sold?
Plum?
Sweets in a Cart?
vegetables?
“The entrepreneur always searches for change, responds to it and exploits it as an opportunity”
Peter Drucker
Howard Stevenson
“the pursuit of opportunity without regard to resources currently controlled”
Can that be TRUE ?
Competencies in specific areas !!! ( Herrmann, 1995)
Innovation
Value Creation
Opportunity
Resourcefulness
Did you say Business & Society?
Entrepreneurial Binary Opposition !
Problems Vs Lucrativity
As an entrepreneur
Why would Society Matter !?
If you happen to live 10 Centuries ago, What would be your social contribution?
What Abilities?
What Change?

New Mind-Set:
Mission-driven Businesses
But WHY ?
Chinese Proverb
"give a man a fish, you feed him for a day. Teach a man to fish, you feed him for a lifetime"

Shift !
From Simple act of giving To Difficult act of teaching

New Segments:
Not only people who have
access
to market, but people who

HAVE NO IDEA
that a market is accessible!
Corporate Sustainability
1) Sustainable Development: Common Social Goals

2) Corporate Social Responsibility : Ethical Obligation
(Theories : Social Contract / Social Justice / Rights / Deontological)

3) Stakeholder Theory: Mutual Protection

4) Corporate Accountability Theory: Legal Responsibility
What is Social Entrepreneurship?
Social Entrepreneurship is the use of the language of
Entrepreneurship
to address
social problems
by handling mere
innovative
and creative solutions.

Remember that
Money is a
means
to an END (Dees, 2001)
Who Are Social Entrepreneurs?
Dissemblance between
Business Entrepreneurs: BE / Social Entrepreneurs: SE

“If you have been so clever in achieving what you have accomplished, why haven't you applied your talents to making money? “ (John Elkington, 2OO8)

How many of you know about these Entrepreneurs?
Muhammad Yunus Bill Gates
Attraction Strategy
Product
Modes of Social Entrepreneurial Action
MicroFinance at the Bottom-of-the-Pyramid BOP
What and Why Bottom-of-the-Pyramid
?

Enormity:
The population that resides and performs in an informal market economy ( Ted London)
Opportunity:
Source of revenue growth, and Access to innovation (Prahalad and Hammond, 2002)
Micro Entrepreneurship
Approache:
Poor as entrepreneur Hypothesis:
Opportunity vs. Necessity

(Acs 2006)
Opportunity Entrepreneurs
Necessity Entrepreneurs
Most people in the BOP have no regular income and cannot stabilize their family situation. Plus, poor have never had direct financial help from any party.
Micro Credit
Problem
Most people in BOP are unemployed or deprived from direct employment. Street Vendors are everywhere, legally unaccepted and morally unstable.
Micro Franchising
Solution
Provide even Unskilled poor people with direct employment and microloans followed by regular Follow Up.
Micro Consignment
Problem
Not only poverty and unemployment, but easily preventable health problems like vision problems and malnutrition.
Absence of distribution infrastructure in remote rural villages.
Solution
Creating access to health care-related goods and services in isolated rural communities.
Local women are given the opportunity to become entrepreneurs by selling goods and services in their communities using a consignment mechanism.
Thank you very much
Have we reached our Objectives?
E-mail: h.fasiki@mcise.org
WebSite: www.mcise.org

Moroccan
(Hisrich, et al, 2008)
(Ibid)
(Stoner, 2007)
, ( 2001)
(John Elkington, 2OO8) (Grameen Danone)
(Yunus, 2007)
(Lehr, 2010)
(Dolgoff, 2003)
(John Elkington, 2OO8)
Social Entrepreneurship: Ideas & Deeds
Hamza El Fasiki - Head of Research and Studies
22 March 2013, ALC Fez
Moroccan Center for Innovation and Social Entrepreneurship
Entrepreneurial Story in Morocco
Andresa
Andre S.A. : Société Anonyme
Full transcript