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Global Entrepreneurship Monitor (GEM): Social Entrepreneurship Study

Global Entrepreneurship Monitor (GEM): Social Entrepreneurship Study. Siri Terjesen, Rachida Justo, Jan Lepoutre and Niels Bosma November 2009. Social entrepreneurship.

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Global Entrepreneurship Monitor (GEM): Social Entrepreneurship Study

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  1. Global Entrepreneurship Monitor (GEM): Social Entrepreneurship Study Siri Terjesen, Rachida Justo, Jan Lepoutre and Niels Bosma November 2009

  2. Social entrepreneurship • “Social entrepreneurship creates new models for the provision of products and services that cater directly to basic human needs underlying sustainable development goals and that remain unsatisfied by current economic or social institutions.” (Seelos & Mair, 2005) • “For social entrepreneurs the social mission is explicit and central. This obviously affects how social entrepreneurs perceive and assess opportunities. Mission-related impact becomes the central criterion, not wealth creation.” (Dees, 1998)

  3. “Unless a nonprofit organization is generating earned revenues from its activities, it is not acting in an entrepreneurial manner. (Boschee & McClurg)

  4. Why important to GEM? • First time this is done • What if we’re not capturing all of the entrepreneurial behavior? • “startupbehavior” • “starting up a business / starting up an organization or initiative” • Baumol hypothesis: • “stock of entrepreneurship is constant, but depending on the institutional context, it is going to be manifested in a different way” • Growing academic interest • Definitional discussions, but very limited quantitative data • Reactions on AOM / Satter NYU conference

  5. What did we learn? • “Social” entrepreneurship • Strong interest • Too many questions about innovativeness? • Continue? But how?

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