Majda Alaoui

Abstracts

1 Social Entrepreneurship: When Social Innovation Is Driven by Value Creation

Authors: Zeinab Hmama, Majda Alaoui

Abstract:

Social entrepreneurship is seen as a response to social problem. The literature on social entrepreneurship highlights two elements: social value creation and economic value creation. The creation of social value is a process that results from the creation of a value with 'value' for society that leads to a social change. However, theoretical thoughts consider that social value is a multidimensional concept that is difficult to define. Many definitions of social value and social change have been proposed. Most of these definitions use financial and economic value to justify the social value created. As a result, social value is often identified in monetary value. Referring to the economic concept to explain social value is not a false approach but limits the understanding of the creation of social value and reduces exploration of opportunities and analysis of other facets of this value. In this article, we explore the dimensions of social entrepreneurship and try to better understand the concept of social value based on the different visions conveyed in the literature.

Keywords: Measurement, Social Change, social entrepreneurship, Social impact, Value Creation, social value, social problem

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