By Dima Jamali, Alessandro Lanteri
This two-volume ebook unveils developments, strengths, weaknesses and total dynamics and implications of social entrepreneurship within the center East zone, while picking either possibilities and threats dealing with social entrepreneurship and supplementations via a wealth of insights and examples encouraged from perform and present applications.
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This two-volume booklet unveils developments, strengths, weaknesses and total dynamics and implications of social entrepreneurship within the center East quarter, while picking either possibilities and threats dealing with social entrepreneurship and vitamins via a wealth of insights and examples encouraged from perform and present functions.
Extra info for Social Entrepreneurship in the Middle East: Volume 1
Finally, the chapter argues that we need to change the social investment framework and create an enabling environment for social entrepreneurship in the Arab World in order to achieve these long-term returns that will beneﬁt all sectors of society, business included. Deﬁnitions and terminology There are three leading global organizations that seek to promote and encourage social entrepreneurship: Ashoka, the Schwab Foundation for Social Entrepreneurship, and the Skoll Foundation. It is appropriate, therefore, to use the deﬁnitions of social entrepreneurship as given by these three organizations as a starting point for our examination of the concept and its practical application as a tool for addressing social issues.
It also recognizes that social harms or weaknesses frequently create Iman Bibars 33 internal costs for ﬁrms – such as wasted energy or raw materials, costly accidents, and the need for remedial training to compensate for inadequacies in education. 22 Solving social problems is an essential factor in economic growth and development and should not be viewed in charitable or even philanthropic terms, but in a highly pragmatic way as essential to improving outputs and creating an ecosystem that is conducive to sustained economic growth.
Arab investors, unfortunately, seem unable to see this and are only interested in immediate ﬁnancial returns even if such investments may harm long-term business. The entrepreneurial ecosystem in the Arab World has not realized the potential of solving social problems. If we could build the enabling environment for social entrepreneurship in the Arab World – through ﬁnancial investment in social entrepreneurs; through establishing effective networks and collaboration between different stakeholders (the social sector, the business sector, government bodies, educational institutions), partnerships with the media, and exchange, dissemination and documentation of best practices – we would have at our disposal a truly useful and adaptable tool to maximize our existing resources and empower our populations for the good of all.
Social Entrepreneurship in the Middle East: Volume 1 by Dima Jamali, Alessandro Lanteri