Structure of Sustainable Economic Value in Social Entrepreneurial Enterprises
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Published:2005
Tom G. Strothotte, Rolf Wüstenhagen, 2005. "Structure of Sustainable Economic Value in Social Entrepreneurial Enterprises", The Emergence of Entrepreneurial Economics, G.T. Vinig, R.C.W. Van Der Voort
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Social Entrepreneurial Enterprises (SEEs) are companies that are founded with the mission to change the world in a specific socially oriented way rather than to provide an (economic) ROI (Bornstein, 2004). The social mission is usually accomplished incrementally by convincing other members of society of their cause. The degree to which the social mission is accomplished is the function which an SEE tries to optimize while at the same time remaining economically viable and independent. As SEEs are entrepreneurial enterprises, they are associated with a high risk of failure, yet at the same time they empower their leaders through independence.
