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Creativity, social benefit and job creation

12 Feb 2009

There is opportunity and incentive for government to foster the growth of social entrepreneurship in Ontario as part of its economic development agenda ***************************************************************************** Social entrepreneurship is an emerging economic model that focuses on a double bottom line of economic and social returns. [...] The prize was awarded to recognize Yunus and Grameen for their ‘efforts to create economic and social development from below’ and for allowing ‘large population groups (to) find ways in which to break out of poverty’.3 And in 2007, George Bush recognized the importance of social entrepreneurship to the US economy in his State of the Union address with his reference to Juli Aigner-Clark, founder of [...] Ian Greene of York University notes that although the shift to more non-government delivery of social services is still dominated by the private sector, there is an opportunity for privatization of service delivery to nonprofits.35 Drawing on his experience with the Alberta government and the work of other researchers, he argues that it is worthwhile for governments to investigate the transfer of [...] Therefore, in addition to the benefit of job creation for the individuals working for the social enterprise there is the added contribution of improved conditions for beneficiaries and lower program costs for government. [...] Social value In addition to the economic benefits of the industry of social entrepreneurship, there is the potential for a range of social benefits.
economic development environment government education politics economy school entrepreneurship business corporate social responsibility entrepreneurs investments social change investors venture capital bank cooperative business model community social entrepreneurship values society community economic development creativity communities capital (economics) social entrepreneurs entrepreneurial martin prosperity institute

Authors

Baldwin, Andrea

Pages
25
Published in
Canada

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