21 R1.T2 – Module 4: Solutions to environmental problems through social entrepreneurship Time for a Quiz! Every year the Schwab Foundation on Social Entrepreneurship organizes the “Social Entrepreneur Awards” where nominees from all over the world are selected in terms of providing outstanding leaders pioneering solutions for social and environmental challenges ranging from refugee family reunification and human rights to water infrastructure and financial inclusion. Please, visit the website in this link and find two outstanding social enterprises that combat environmental challenges and write down in a few lines what they do and why you find this impressive. Discuss your findings with your peers. Conclusion Social enterprises can be defined as businesses that have a mission to solve social problems, improve people's lives, provide training and employment opportunities for the most marginalised in society, support communities and protect the environment. Social enterprises exist in all EU Member States, regardless of the type of welfare system or whether there is a developed non-profit sector, cooperative culture, or specific legislation, despite varying degrees of recognition and size. On the other hand, Social innovation is about thinking differently in order to bring about social/environmental change, which within the last two decades has gained momentum as a practical solution to address social, political, economic and environmental challenges. Some of the most powerful tools for achieving Social Innovation were described thoroughly, providing you with the opportunity to delve within them indicating that the provision of innovative solutions is something feasible for all! Test what you’ve Learnt! 1. Social entrepreneurs measure performance using business metrics such as profit, revenue and increases in stock prices. - True - False 2. Social Enterprises focus on maximising social impact rather than profit - True - False 3. What are the 6 stages in Social Innovation as outlined by Murray, R., Caulier-Grice, J. and G Mulgan (2010) ? a) Prompts, proposals, prototypes, sustaining, scaling, systematic change b) Prompts, prototypes, scaling, Proposal, systematic change
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