ЛАТЕНТНО СОЦИАЛНО ВЪЗДЕЙСТВИЕ: ПРЕОСМИСЛЯНЕ НА СЛЕДВАЩАТА ФАЗА НА СОЦИАЛНОТО ПРЕДПРИЕМАЧЕСТВО
LATENT SOCIAL IMPACT: RETHINKING THE NEXT PHASE OF SOCIAL ENTREPRENEURSHIP

Author(s): Muhammad Mohsen Liaqat, Bella Gulshan
Subject(s): Economy, Business Economy / Management
Published by: Висше училище по застраховане и финанси (ВУЗФ)
Keywords: Latent functions; latent social value; sustainable development
Summary/Abstract: Social entrepreneurship models have been successfully addressing pressing social problems across the world. The efforts emphasise creating new social start-ups and supporting mature social enterprises. The self-positioning of social entrepreneurs is the foremost criterion to have all kinds of assistance despite their ability to create social value for local communities. This paper relates the Manifest and Latent Functions of value-creating entrepreneurs and proposes that unintended consequences (social value) of intended actions (entrepreneurial activity) are as stable as social entrepreneur identity and structure. In essence, in order to move the theory and practice forward, we need to use new theories that clarify the nature of social entrepreneurship in developing countries, explain the role of value-driven entrepreneurs in the economic system, and inform the research and practice that value-creating entrepreneurs who do not exhibit 'social mission' but are significantly creating a social impact

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