Welcome to ENTR 315

Social Contexts of Entrepreneurship

Lecture 1: Concepts and Misconceptions

Agenda

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

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ENTR 315: Course TeamENTR 315: Course Team

• Allan Discua Cruz, C62, LUMSLecturer, Co-owner DC Agroforestal. Certified forests.

• Ricardo Zozimo, C90, LUMSFounding member, Social Entrepreneurship Institute in Portugal, Team Leader for Social Entrepreneurship BootCamps

• Coordinator: Roger Marsden, C69, LUMS

ENTR 315: Course OutlineENTR 315: Course Outline

• LecturesMonday 3pm- 4pm LUMS 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

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ENTR 315: ReadingENTR 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

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ENTR 315: AssessmentENTR 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%.

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ENTR 315: AssessmentENTR 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).

Concepts - Discussion

• is there a social element in entrepreneurship?

• Is there an entrepreneurial element in enterprises that are social?

Social contexts of entrepreneurship• What, where, how,

why, by whom?

Social contexts of Entrepreneurship

• Social Enterprise• Social Entrepreneurship • Community enterprise• Enterprise in deprived communities• Families in business• CorporationsCan you identify other contexts?

Pearce (2003) Three systems of the economy

We hear a lot about individual entrepreneurs

• http://www.bbc.co.uk/news/10277248

• Are they entrepreneurial in what they do? Why?

In countries..

• A complex approach• Various layers • Various units• Various objectives• Collective approach• Government lead / international aidExample: Central America

Hybrid nature in organizations

What are we talking about?

Continuum

Non-Profit Organisation

Pure for Profit Organisation

Social Enterprise

Corporate Social Responsibility

Charities

Source: Social Enterprise London 2000

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

Corporations

• Corporate social responsibility• Can you identify companies that engage in

corporate social responsibility? Why do they do it? Is it entrepreneurial?

Hybrids – Private organisations• Are there organisations that

encapsulate public, private and voluntary sectors?

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

Summary

Concepts Importance

Contexts Theories