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Post a PowerPoint presentation with detailed notes section that contains the following:
Incorporation and analysis of the Learning Resources from this 2-week unit, including identification of any apparent gaps in the literature
An original research topic related to the week’s literature (the proposed research topic can be related to the general topic for the week or to gaps in the literature for the week, or it can be related to a specific reading for the week)
Background information on the research topic, including identification of principal schools of thought, tendencies in the academic literature, or commonalities that define the academic scholarship regarding your topic
Evaluation of the main concepts with a focus on their application to business/management practice and their impact on positive social change
A minimum of 10 peer-reviewed, scholarly new references
Note: The presentation must be in APA format and must incorporate direct evidence of addressing the Learning Objectives from this 2-week unit. Each of the content slides must include detailed notes/paragraphs with appropriate citation of peer-reviewed, scholarly references.
Recommended Readings
Important Note: Some of the readings found in this course are more than 5 years old. Although we strive to use current references whenever possible, many of the seminal articles/resources found in this course are from the theorists who created the original theory/theories.
Note: To access this week’s required Harvard Business Review resources, select the article link below or go back to Harvard Business Articles Module from the Modules page.
Brown, B., & Anthony, S. D. (2011). How P&G tripled its innovation success rate. Harvard Business Publishing, 89(6), 64–72.
Eggers, J. P., & Kaul, A. (2016). When big firms are most likely to innovate.
Hogenhuis, B. N., van den Hende, E. A., & Hultink, E. J. (2016). When should large firms collaborate with young ventures? Links to an external site.Research Technology Management, 59(1), 39–46. doi:10.1080/08956308.2016.1117329
Martin-Rios, C., & Parga-Dans, E. (2016).The early bird gets the worm, but the second mouse gets the cheese: Non-technological innovation in creative industriesLinks to an external site.. Creativity and Innovation Management, 25(1), 6–17. doi:10.1111/caim.12131.
Nagy, D., Schuessler, J., & Dubinsky, A. (2016). Defining and identifying disruptive innovationsLinks to an external site.. Industrial Marketing Management, 57, 119–126. doi:10.1016/j.indmarman.2015.11.017
Prajogo, D. I. (2016). The strategic fit between innovation strategies and business environment in delivering business performance.Links to an external site. International Journal of Production Economics, 171, 241–249. doi:10.1016/j.ijpe.2015.07.037
Ringel, M., Taylor, A., & Zablit, H. (2016). The world’s most innovative companies: 4 things that differentiate them.
Sinfield, J. V., & Solis, F. (2016). Finding a lower-risk path to high-impact innovations. MIT Sloan Management Review, 57(4), 79–89.
Optional Resources
Keeton, K. E., Richard, E. E., & Davis, J. R. (2017). Strategic innovation at NASA: The solution mechanism guide. Journal of Business Inquiry: Research, Education & Application, 16(1), 50–59. Retrieved from http://www.uvu.edu/woodbury/jbi/articles/
Morua, J., & Marin, A. (2016). Building a new representation of the dynamics of organizational systems to make more suitable strategic decisions on innovation and technology management. International Journal of Technology Management & Sustainable Development, 15(2), 111–132. doi:10.1386/tmsd.15.2.111_1
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The Impact of Entrepreneurs on Society
Doctor of Business Administration, Walden University
DDBA 8541: Seminar in Entrepreneur Finance
Walden University
Introduction
Social entrepreneurship has gained significant traction in the
corporate, public, and non-profit sectors in recent years.
Social entrepreneurship has emerged as a worldwide movement that
influences society by adopting inventive methods to address social
issues (Rey-Martí et al., 2016).
Cognitive attitude and feasibility are impacted by several enabling
variables (Anggadwita et al., 2017).
Examples of these factors include individual proficiency, self-
confidence, and assistance from others.
Background
Entrepreneurship is widely acknowledged as a driving force for economic
growth and innovation.
Entrepreneurs play a crucial role in shaping broader societal landscapes (Roberts
& Woods, 2019).
Their impact extends far beyond business success
Innovative products and services introduced by entrepreneurs not only enhance
consumer choices but also drive economic expansion.
Entrepreneurship within specific ecosystems and is increasingly recognized for
its potential to address social issues and foster diversity (Anggadwita et al.,
2017)
Review of Literature
Roberts and Woods (2019) research on how entrepreneurs affect society is
extensive and emphasizes how important entrepreneurship is to spurring
innovation and economic development.
Robinson (2018), the relationship between economic development and
entrepreneurship in great detail.
Entrepreneurship may also have a substantial influence on
competitiveness and market dynamics (Rey-Martí et al., 2016)
The emergence of new competition may lead to a boost in the number of
options accessible to customers (Robinson, J. (2018).
Principle School of Thought
Spillover in the impacts of global entrepreneurship on society
❖
Technology transfer
❖
Job creation
❖
Knowledge sharing
❖
Supply chain and local economies
Tendencies in the Academic Literature
The emphasis on social impact
Inclusivity and diversity
Environmental sustainability (Macke et al., 2018).
Globalization and cross-border entrepreneurship
Policy and regulation
Commonalities in Academic Scholarship
The study of the social entrepreneurship phenomena is increasing, yet it is
still lacking coherence, as shown by numerous sources
Several scholars contend that the field of academic research in social
entrepreneurship is still in its early stages of development
The progress of social entrepreneurship research in theory construction is
hindered by an overwhelming emphasis on practicality rather than
embracing a meta-theoretical approach.
It is worthwhile to examine the academic research landscape surrounding
social entrepreneurship, scrutinizing its principles, trends, classifications,
and forthcoming obstacles.
Main Concepts for Application in Business
Management
The management should foster creativity and innovation in the
decision making process.
Strategic planning should include risk management and adaptability
elements (Albort-Morant & Oghazi, 2016).
Entrepreneurship in the global environment should include detailed
and well-researched sustainability strategies.
Ecosystem building (Imaroh, 2016).
Implications for Social Change
Job creation and economic growth.
Advancing innovation and technology development especially in
developing markets (Robinson, 2018).
Entrepreneurship may have a substantial influence on competition
and the dynamics of the market.
The influence of entrepreneurship on social and cultural
transformations is intricate and multifaceted.
Gaps in the Literature
Negative externalities and unintended consequences
Long-term impact assessment
Standardized measurement and metrics
Conclusion
Entrepreneurship has a substantial influence on society, impacting many
facets of our lives and molding our lifestyle and professional endeavors
Entrepreneurship may serve as a viable remedy for social issues and
significantly contribute to the advancement of education and the
enhancement of skills
The future prospects for entrepreneurship depend on many elements, such as
the availability of finance and resources, the economic stability, and the
inclination of people to undertake risks and seize entrepreneurial prospects
References
Anggadwita, G., Luturlean, B. S., Ramadani, V., & Ratten, V. (2017).
Socio-cultural environments and emerging economy entrepreneurship:
Women entrepreneurs in Indonesia. Journal of Entrepreneurship in
Emerging Economies, 9(1), 85-96.
Albort-Morant, G., & Oghazi, P. (2016). How useful are incubators for
new entrepreneurs? Journal of Business Research, 69(6), 2125–2129.
https://doi.org/10.1016/j.jbusres.2015.12.019
Battilana, J. (2018). Cracking the organizational challenge of pursuing
joint social and financial goals: Social enterprise as a laboratory to
understand hybrid organizing. Management, 21(4), 1278-1305.
References
Imaroh, T. S. (2016). Entrepreneurship education as a strategy for improving the
economic independence and competitive ability of society in Asian economic
community (AEC) era. International Journal of Organizational Innovation, 9(2),
287–294.
Macke, J., Sarate, J. A. R., Domeneghini, J., & da Silva, K. A. (2018). Where do we
go from now? Research framework for social entrepreneurship. Journal of cleaner
production, 183, 677-685.
Parthiban, R., Qureshi, I., Bandyopadhyay, S., Bhatt, B., & Jaikumar, S. (2020).
Leveraging ICT to overcome complementary institutional voids: Insights from
institutional work by a social enterprise to help marginalized. Information Systems
Frontiers, 22, 633-653.
References
Imaroh, Rey-Martí, A., Ribeiro-Soriano, D., & Sánchez-García, J. L. (2016). Giving
back to society: Job creation through social entrepreneurship. Journal of Business
Research, 69(6), 2067–2072. https://doi.org/10.1016/j.jbusres.2015.12.010
Roberts, D., & Woods, C. (2019). Changing the world on a shoestring: The concept of
social entrepreneurship. University of Auckland business review, 7(1), 45-51.
Robinson, J. (2018). Navigating social and institutional barriers to markets: How social
entrepreneurs identify and evaluate opportunities. Social entrepreneurship, 95-120.
https://doi.org/10.1057/9780230625655_7
References
Sengupta, S., Sahay, A., & Croce, F. (2018). Conceptualizing social
entrepreneurship in the context of emerging economies: An integrative
review of past research from BRIICS. International Entrepreneurship and
Management Journal, 14, 771-803.
Trung, N. B. (2019). The spillover effects of US economic policy
uncertainty on the global economy: A global VAR approach. The North
American Journal of Economics and Finance, 48, 90-110.
https://doi.org/10.1016/j.najef.2019.01.017
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