What is entrepreneurship?
The process of identifying opportunities and transforming them into value-creating activities.
How does responsible entrepreneurship differ from traditional entrepreneurship?
It creates social and environmental value in addition to economic value, not only profit.
What is responsible entrepreneurship?
Entrepreneurship that solves societal problems while remaining economically viable.
What role does the entrepreneur play in responsible entrepreneurship?
A change agent who improves social conditions or reduces environmental harm.
What is social entrepreneurship?
Entrepreneurial activity that primarily pursues a social or environmental mission.
What is the main objective of social enterprises?
Achieving a social mission, not profit maximization.
What happens to profits in social enterprises?
They are reinvested to support the social mission.
What is a social mission?
The reason the organization exists and the social problem it aims to solve.
What is social innovation?
New ways of organizing resources or business models to create social value.
When does an innovation become social?
When its primary outcome improves social or environmental conditions.
What are integral activities?
Activities directly linked to and creating the social mission.
What are sustaining activities?
Income-generating activities that strongly support the social mission.
What are supplementary activities?
Activities that generate surplus but contribute little to the mission.
What are disposable activities?
Income-generating activities with no meaningful link to the mission.
What is a hybrid organization?
An organization combining private, public, and third-sector elements.
What influences employee behavior besides personal morality?
Organizational structure, systems, and culture.
What is an organization?
A system of hierarchy, rules, decision processes, communication, and culture.
What is responsible infrastructure?
Organizational structures and systems that enable responsible behavior.
What is the core idea of responsible infrastructure?
Make responsible behavior easy and irresponsible behavior difficult.
Why do ethical failures often occur?
Due to poor organizational design, not individual wrongdoing.
What is the first phase of creating responsible infrastructure?
Understanding the organization.
What is analyzed in the understanding phase?
Power, incentives, information flows, and cultural norms.
What is the second phase of responsible infrastructure?
Designing the organization.
What happens in the design phase?
Values are translated into structures and systems.
