Please enable JavaScript.
Coggle requires JavaScript to display documents.
Entrepreneurship and innovation and societal impacts (Changing aims and…
Entrepreneurship and innovation and societal impacts
Innovation
Process of introducing something new to the world
Processes, products, organisational forms
Entrepreneurship
Individual/team that identify and exploit opportunities
. Entrepreneurial innovation
Distributive
.
Radical
Addresses societal problems
Incremental
.
Societal challanges
Unresolved problems which reduce well-being in society
Falls into public policy
Education
Helath
Inequality
United Nations SDG's
Universally accepted goals
Challenge that address dimsntions of:
Economic
Social
Environment
Triple Bottom Line
Added value to profit
Sustainability
Sixth wave of innovation
Long-term maintanance
.
Economic/social/environmental
SME's
Majority of firms in economies
Pos and neg impacts
Employment
solutions to consumer needs
tax avoidance
Pollution
Aims of enterprise distinguishes their values
Size not a deciding factor
Governance and models of enterprise
aims= structure= decision making
who, what, how, to what effect?
Anticipate societal impacts
Include stakeholders
Changing aims and governance
Social enterprises
social objectives
Cooperative enterprises
Controlled by its members
Employee ownership
autonomy and tacit knowledge
Sacchetti and Tortia (2016) continuum
Non-profit
Volunteers and donations