Key Concept 8:
While it is true that social or any type of entrepreneurships create private values (i.e. financial, reputational, and ethical), they also generate values captured by others. For instance, by offering new jobs, they keep existing companies from underpaying their employees, and thus, these entrepreneurs create the possibility for economic growth and social progress. The residual value claimed by entrepreneurs also provides a RESOURCE that can be used to address societal challenges in instances where markets might be poorly developed or non-existent, such as through an outreach program or non-profit foundation in helping the BoP (Bottom of Pyramid).
Key Concept 8:
While it is true that social or any type of entrepreneurships create private values (i.e. financial, reputational, and ethical), they also generate values captured by others. For instance, by offering new jobs, they keep existing companies from underpaying their employees, and thus, these entrepreneurs create the possibility for economic growth and social progress. The residual value claimed by entrepreneurs also provides a RESOURCE that can be used to address societal challenges in instances where markets might be poorly developed or non-existent, such as through an outreach program or non-profit foundation in helping the BoP (Bottom of Pyramid).
การแปล กรุณารอสักครู่..