Social Entrepreneurship and Social Innovation in Aging

description

From the abstract:

Social entrepreneurship is usually understood as an economic activity which focuses at social values, goals, and investments that generates surpluses for social entrepreneurs as individuals, groups, and startups who are working for the benefit of communities, instead of strictly focusing mainly at the financial profit, economic values, and the benefit generated for shareholders or owners. Social entrepreneurship combines the production of goods, services, and knowledge in order to achieve both social and economic goals and allow for solidarity building.

From a broader perspective, entities that are focused on social entrepreneurship are identified as parts of the social and solidarity economy. These are, for example, social enterprises, cooperatives, mutual organizations, self-help groups, charities, unions, fair trade companies, community enterprises, and time banks. Social innovation is a key element of social entrepreneurship.

Social innovation is usually understood as new strategies, concepts, products, services, and organizational forms that allow for the satisfaction of needs. Such innovations are created in particular in the contact areas of various sectors of the social system. For example, these are spaces between the public sector, the private sector, and civil society. These innovations not only allow the solving of problems but also extend possibilities for public action.

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subject terms

Aging & Longevity

Aging & Longevity > Aging & Longevity

contributors

Jorge Felix

Andrzej Klimczuk

related organization

SGH Warsaw School of Economics, Poland

chapter title

Social Entrepreneurship and Social Innovation in Aging

resource type

Books and Chapters

year

2021

keywords

Aging and entrepreneurship, Aging and innovation, Entrepreneurship in aging population, Older people as social entrepreneurs and social in, Social and solidarity economy and aging population, Social innovation for older people and aging population

program site types

Community Centers, Senior Centers