Social Entrepreneurship
Challenges
Challenges
What is a key challenge in securing support for social ventures?
Resource scarcity
Which type of businesses do women entrepreneurs often engage in?
Service-oriented sectors
What quality does youth entrepreneurship promote in young people?
Innovation and resilience
What do family members provide for new businesses?
Start-up capital
How does higher SES impact access to financial resources?
Provides greater access
What is crucial for proving the effectiveness of social projects?
Measuring impact
What is one socio-cultural barrier women face in entrepreneurship?
Work is undervalued
What is a primary barrier to youth accessing capital?
Lack of personal securities
What motivates family businesses beyond making money?
Building a legacy
What advantage do higher SES individuals have in education?
Better educational opportunities
What is essential for gaining support from stakeholders?
Network building
Why do women have less access to capital?
Supply-side discrimination
Where do many young entrepreneurs operate from?
Homes or streets
How do family members contribute to the workforce?
Provide human resources
What challenge do lower SES individuals face in networking?
Networking barriers
What must social ventures constantly pursue to address evolving challenges?
Innovation strategy
What is a primary reason women start businesses?
Supplementing income
Why does youth entrepreneurship reduce delinquency?
Creates employment opportunities
What do families respect in each other within businesses?
Commitment to the business
How does entrepreneurship support socio-economic mobility?
Enables upward mobility
What challenge can arise from competing with traditional businesses?
Market competition
What percentage of global businesses are women-led?
Approximately one-third
What benefit does youth entrepreneurship offer to local communities?
Revitalization of the community
What does family tradition often replace in business motivation?
Quick money
What impact does entrepreneurship have on communities?
Job creation and innovation