Social entrepreneurship has many challenges, that needs to overcome(Bessant, Tidd, 2007). They are:
Challenge | Description |
---|---|
Search for opportunity | Many potential social entrepreneurs have motivation to change something. But to be passionate isn’t enough – they also need to have classical entrepreneurs competencies to spot the opportunity and rise new idea. So social entrepreneur need both – vision and connecting skills. |
Strategic selection | When social entrepreneur discover the idea – is one thing, but getting others to believe in it – it is another challenge. The story of successful entrepreneurship – is about convincing other people. One of the important abilities is networking – the ability to find potential founders and stakeholders and to bring them into project. |
Implementation | Social innovation requires creativity in order to combine resourses and make things happen. |
Innovative organization | Social innovation very depends on organic structures, where the main linkage are through a sense of shared purpose. |