Featured article by Allen Brown, Independent Technology Author
Social entrepreneurship is the future of immigrants. While prevailing and traditional business entrepreneurship implies taking the lead to start up a new business or expand the existing business, social entrepreneurship essentially concentrates on creating social capital without weighing the performance in profit or return in monetary terms, which is the ideal system for immigrants. With the rapid increase of immigrants, major countries have to face another huge problem. A vast number of jobless people seem to have no prospect whatsoever. But how can social entrepreneurs increase the success of their endeavors, especially to immigrants? The approach of information technology has developed all the aspects of the world in the third millennium to a great extent and entrepreneurship in particular. IT adds to entrepreneurship in many ways. Entrepreneurial behavior is one of the critical strategies of organizations striving to sustain a competitive advantage in global markets, particularly immigrants.
Technology can empower social entrepreneurship efforts by democratizing access to data, building business value, and facilitating new capabilities. Information and communication technology is developing quickly, and the world population has experienced fundamental changes. Projects, jobs, abilities, cultures, and requirements have changed and been influenced by this technology. Entrepreneurship is undoubtedly a vital addition and has had a unique role in advancing these technologies; however, these technologies also affect entrepreneurship and have produced a sense of modern entrepreneurship. It created a new kind of economy called the knowledge-based economy where immigrants can participate and become social entrepreneurs. They can start establishing dependability while waiting for the citizenship to be approved.
The Impact Of Technology To Modernize Social Entrepreneur Approach
Nowadays information technology has developed extensively in society and is blended into all aspects of life. How can social entrepreneurs employ technology to improve the success of their ventures and achieve positive social impact? A current Social Innovation Mapping Report established by the Intel Foundation and Ashoka examined the best systems of entrepreneurs who successfully utilize information and communications technology (ICT) to create social impact.
Based on the report, social entrepreneurs who leverage ICT efficiently lead to:
– Move beyond digital literacy.
– Incorporate deep stakeholder involvement.
– Alter perceptions of the marginalized.
– Keep it decentralized.
– Communicate the results.
Entrepreneurial is devising something new, with time and effort and financial, psychological and social opportunities to obtain financial resources, job satisfaction and independence. Newcomers can take advantage of this opportunity while applying for a permanent resident immigrations visa pass. Information technology is regarded as the engine driving wheel t
Wrapping The Whole Concept
The field of social entrepreneurship is quickly growing and drawing the attention of numerous volunteers. It has presently become a common term even on university campuses. The reason behind this product’s growing popularity is that individuals get to do what they have been considering for a long time, for instance, on an immigrant side where they have no dependable status yet when entering a country. The extraordinary people put their ingenious ideas and deliver a difference in society against all odds.
There are plenty of business possibilities for passionate and willing immigrants who are well acquainted with the digital world. The difference may or may not include the total elimination of a social problem. It may be a lifetime process concentrating on advancing the existing conditions with the help of social entrepreneurship focusing on today’s technology.
