Discuss the term enterprise discourse with an adequate example.
Many different terms are used
around the world to describe the social enterprise industry. You've probably heard terms like social entrepreneurship, social enterprise, social economy, and social and solidarity economy. But what are the real differences
between these terms and social enterprise?
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The answer lies in the discourses behind these terms. Social Entrepreneurship emphasizes the role of “social entrepreneurs”, often calling them heroes and presenting them as change makers playing the role of agents of change in their sectors. This term leads to a primary focus on success stories and connects to existing narratives about entrepreneurs and their achievements, such as those in Silicon Valley. Although the term originated in the United States, it has since spread around the world, aided by influential foundations and grant organizations such as Ashoka, Skoll, and the Schwab Foundation. In contrast, the notion
of social economy, rooted in European discourse, focuses on collective enterprises such as cooperatives and group-based initiatives that are established to achieve social and economic goals that emphasize democratic values and ensure the principles of inclusion... and
equality. The social and solidarity economy emerged in Latin America in the 1980s and describes a model of political and socio-economic development based on the principles of solidarity, participation, cooperation, and reciprocity. In contrast to neoliberal development approaches and economic models which are geared toward self-interest, profit
maximization, and consumerism.
These terms have taken various forms, encompassing both old and new types of organizations and businesses, including indigenous collective practices and other popular business associations. The term social enterprise has been promoted by professionals and legislators in the UK and refers to the use of commercial logic and strategy to achieve social and/or environmental goals through the building of social alliances between the public social and corporate sectors, applying business models and thinking think about generating both financial returns and social impact.
Lastly, the term social business, introduced by Muhammad Yunus, the founder of Grameen Bank, refers to a business where entrepreneur doesn't want to make money for themselves but solve a problem with the business model. According to Dr. Muhammad Yunus, this term is different from social entrepreneurship. A social entrepreneur may not be involved in a business at all; for example, he or she might develop a new way to help a neighborhood or improve health care. All these terms are often used interchangeably around the world, although they represent different discourses and traditions. Which term do you feel most comfortable with? Which term do you think best represents the place or country you are in?
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