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Educating Social Entrepreneurs, Volume I by Maria Aggestam, Paul Miesing

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CHAPTER 8

Creating Social Value

Alia Weston

OCAD University (Toronto)

Introduction

In many societies, economic decline has had detrimental effects on society, and has left communities in need of regeneration (Thompson, Alvy, and Lees 2000). Social entrepreneurs often work within contexts such as these, and are focused on creating business that are aimed at solving challenges faced by communities, or society at large. In doing so, they generate value for society by contributing to the well-being of a community (Imas and Weston 2016; Peredo and McLean 2006). In addition to the need for regeneration, economic decline also has an impact on the availability of resources. Previously abundant resources may become limited or cease to be available altogether. ...

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