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Chapter 2 Entrepreneurship and innovation: a focus on societal impacts…
Chapter 2 Entrepreneurship and innovation: a focus on societal impacts
Models of enterprise
Who decides what to produce, how decisions are made and to what end.
Modifying control rights
Stakeholder involvment in decision making
Making societal aims explicit
Employee ownership
Cooperative enterprises
Private benefit
Mutual Benefit
Social enterprises
Combining entrepreneurship and social needs
Non-profit enterprises
Charities
Predominately social goals
Advocates
SMEs & Community Development
Positive impacts
Job creation
Income
Providing solutions to customer needs
Promoting competition
Providing skills
Negative impacts
Pollution
Tax evasion
Bad work conditions
Excess usage of natural resources
Bribery
Triple bottom line
Environmental value
Sustainability
Long term maintenance of systems according to these values
Conservation of resources
Pollution and waste
Promote awareness of environment
Economic Value
Equality of pay
Quality jobs
Responsibility management
Breakdown of profits
Social Value
Having a voice for marginalized groups
Isolation of individuals
Quality of social relations/services
Societal Challenges
Health
Education
Regional Development
Culture
Immigration
Inequality
Business development issues