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Welcome to ENTR 315

Social Contexts of Entrepreneurship Lecture 1: Concepts and Misconceptions. Welcome to ENTR 315. Agenda. Introduction Concepts Hybridity - Continuum Theory Social contexts for entrepreneurship. ENTR 315: Course Team. Allan Discua Cruz, C62, LUMS

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Welcome to ENTR 315

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  1. Social Contexts of Entrepreneurship Lecture 1: Concepts and Misconceptions Welcome to ENTR 315

  2. Agenda • Introduction • Concepts • Hybridity - Continuum • Theory • Social contexts for entrepreneurship.

  3. ENTR 315: Course Team • Allan Discua Cruz, C62, LUMS Lecturer, Co-owner DC Agroforestal. Certified forests. • Ricardo Zozimo, C90, LUMS Founding member, Social Entrepreneurship Institute in Portugal, Team Leader for Social Entrepreneurship BootCamps • Coordinator: Roger Marsden, C69, LUMS

  4. ENTR 315: Course Outline • Lectures Monday 3pm- 4pmLUMS LT12 Weeks 11-15,20 • Seminars(9am or 12am) Charles Carter A16 • Weekly starting week 11 • Download a tutorial pack which contains tutorial material and assignments • Need to do preparation, reading and tasks between tutorials

  5. ENTR 315: Reading Course Text: John Kickul and Thomas Lyons (2012) Understanding Social Entrepreneurship, Routledge Wherever possible reading will be available electronically Reading list on Moodle • Recommended reading • Other reading

  6. ENTR 315: Assessment • Group Seminars (60%) Within the workshops, groups of students will run seminars on specified topics. Each group will run one short and one long seminar, which will contribute to the final mark as follows: • Short seminar (week 3 or 4) Seminar presentation 10%, learning pack mark will not count towards final mark (i.e. this is a formative piece of work) • Long seminar (week 6, 7, 8, 9, or 10): Seminar presentation 20%, learning pack 30%.

  7. ENTR 315: Assessment Individual Responses (40%) • After each seminar in Weeks 6 through 10 you are required to write a 500-750 word piece about the topic (except for your group’s seminar). Each piece will represent 10% of your total marks. • The written response should be submitted via Moodle by 4pm on the Friday following the relevant seminar. • Failure to submit a response will be considered as a non-submission of coursework and will be awarded a mark of 0 (zero).

  8. Concepts - Discussion • is there a social element in entrepreneurship? • Is there an entrepreneurial element in enterprises that are social?

  9. Social contexts of entrepreneurship • What, where, how, why, by whom?

  10. Social contexts of Entrepreneurship • Social Enterprise• Social Entrepreneurship • Community enterprise• Enterprise in deprived communities• Families in business • Corporations Can you identify other contexts?

  11. Pearce (2003) Three systems of the economy

  12. We hear a lot about individual entrepreneurs • http://www.bbc.co.uk/news/10277248 • Are they entrepreneurial in what they do? Why?

  13. In countries.. • A complex approach • Various layers • Various units• Various objectives• Collective approach • Government lead / international aid Example: Central America

  14. Hybrid nature in organizations What are we talking about?

  15. Continuum Pure for Profit Organisation Non-Profit Organisation Corporate Social Responsibility Social Enterprise Charities

  16. Source: Social Enterprise London 2000

  17. Towns • Social Enterprise Town - Alston Moor, Cumbria • The Parish of Alston Moor is a small rural community in North Cumbria with a population of 2,100. The first social enterprise was setup in 1983 with 19 social enterprises operating in the community delivering services otherwise not accessible to local people. Over the years, many key services have been cut and because of its small population and isolation, businesses struggle to survive. • These issues have stimulated a strong sense of self help and entrepreneurship, resulting in a hot bed of social enterprises and community owned businesses, delivering a range of services including broadband, transport, leisure and tourism. The sector has a combined annual turnover of around £1 million. • Other examples: Transition towns

  18. Corporations • Corporate social responsibility • Can you identify companies that engage in corporate social responsibility? Why do they do it? Is it entrepreneurial?

  19. Hybrids – Private organisations • Are there organisations that encapsulate public, private and voluntary sectors?

  20. Theoretical Lenses • The power and dominance of the enterprise discourse • Institutional isomorphism theory • Theories of trust, different dimensions • Social capital • Responsibility, altruism, reciprocity • Stewardship theory • Resources based theory

  21. SummaryConcepts Importance Contexts Theories

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