Entrepreneurship and Small Business Development Essay - 2

Entrepreneurship and Small Business Development - Essay Example However, the concept is accepted to be widely different from the philosophy of entrepreneurs and intrapreneurs, although it was derived from the term entrepreneurs. The philosophy of ‘Social Entrepreneurship’ gained its existence in the world of business and innovation in the past centuries and is still practiced in the modern phenomenon by the youth, the women, and other business representatives as well. In the present century, social entrepreneurs, unlike other entrepreneurs, opt to eradicate a level of the social limitations by utilising the available resources in their community. Therefore, the term stands for those innovative and creative representatives who can identify social demands and obstacles, and provide an answer to the problem as well. Additionally, social entrepreneurs are also known for one of their major characteristic, i.e. to bring a change in the community they participate. As stated by David Bornstein, "Social entrepreneurs identify resources where people only see problems. They view the villagers as the solution, not the passive beneficiary. They begin with the assumption of competence and unleash resources i n the communities theyre serving." 1 With a given perspective of the 21st century, social entrepreneurs have multidimensional features. Such as, the social entrepreneurs have to satisfy the social needs along with their personal needs using an unbiased perception. They also need to engage themselves into a never ending improvement. In this regard, they need to identify the present resources in an efficient manner. Therefore, social entrepreneurship has evolved as the way to social entrepreneurs who play a crucial role in bringing a revolution in the social aspect. 2 According to J. Gregory Dees, Social Entrepreneurs have features which are incomparable to that of the entrepreneurs. One major difference is that entrepreneurs are the construction heads of profit seeking concerns while the social entrepreneurs are the

Reflective thoughts about Globalization and Selling Ideas Essay

Reflective thoughts about Globalization and Selling Ideas - Essay Example Paradigms have shifted dramatically that our former knowledge and interpretation of work and economy are already wrong. In a globalized economy where countries are interconnected, the world virtually became a one big market place as it is reduced to a global village. People too are now more interconnected with the advances in technology and can now freely more from one country to another where there is a better opportunity, better pay or better work. The advances in technology may even allow a person to move his or her work to another country or region without living his or her home which is made possible through telecommuting. In fact, technology became so advance that robots can already do many of our work. This false knowledge, and even resistance to the new knowledge because it debunks our interpretation of the world prevents us from growing and progressing. Or as the speaker would put it, â€Å"obstacle to discovering the shape of the earth† which requires us to adapt to this new reality in economic and world order for us to discover â€Å"the shape of the earth† and progress. This resistance to new knowledge and/or insistence of the validity of the old knowledge is particularly true with the older generation who still interprets the world as it used to be. I could understand them because this shift towards globalization threatens them. Competition are now stiffer in work because highly skilled people can already move to their country and may take their jobs away from them. These highly skilled people may not even have to leave their homes to do their jobs with the advent of virtual work afforded by globalization. Moreover, the advances in robotics also threatens to replace them with machines. Thus, they have to compete now with younger and more skilled competitors at work and also with machines making their work more precarious. It is just but natural for them to retreat to their comfort zone and old interpretation of the world where the