Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
Answers to Questions in the Text
Chapter 4: Supporting Social Entrepreneurship
ENTREPRENEURSHIP IN ACTION
Arthur Steingart, founder of Symple
1. Should entrepreneurs exist to make money? Solve social problems? Or both? Explain
your answer.
Sample answer: Answers may vary from student to student. However, it should be emphasized
2. Explain how the Symple Waterall addresses concern for future generations in addition
to conserving water today.
3. What entrepreneurial ideas do you have that would benefit society?
Sample answer: Answers will vary from student to student. As the instructor, consider sharing
RESEARCH AT WORK
Defining Social Entrepreneurship
1. If you had to craft a definition of social entrepreneurship, how would you go about it?
What facts would you need to know, and what issues would you take into account?
Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
Sample answer: Answers will vary from student to student, but all answers should relate
2. Describe a real business that you think embodies what social entrepreneurship should
be. What is it about this business that makes it a good example?
3. Take a social entrepreneurial idea that you might pursue, and explain how it fits your
definition of social entrepreneurship. Could your idea be modified to fit the definition
even better?
Sample answer: Answers will vary from student to student, based on their own definitions of
ENTREPRENEURSHIP MEETS ETHICS
The Unintended Consequences of Social Entrepreneurship
1. To what extent do good intentions make an entrepreneurial venture ethical? Do you
agree that the Buy One Give One business model may have unintended consequences?
If so, how do you think the model may be altered to increase its social benefit?
Sample answer: Unfortunately, even the best of intentions does not necessarily make an
entrepreneurial venture ethical. The Buy One Give One business model clearly comes with
Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
2. Should social entrepreneurs be responsible for assessing the effects of their endeavors,
or is it sufficient that they are making an effort to solve a social problem? Explain your
answer.
Sample answer: Answers will likely vary from student to student. A worthwhile question to
pose as a follow-up to this one is: if social entrepreneurs should be responsible for assessing the
effects of their endeavors, who/what should enforce that responsibility, and what results
(positive and/or negative) might stem from such external coercion?
3. Imagine that you are a start-up social entrepreneur. How can you—or should you—
make sure your business is established and run in an ethical fashion?
Sample answer: Answers may vary from student to student. As students put forth given
answers, certain key points should also be made salient. These points include, but are not
limited to the following:
A. Studying the results others have gotten from pursuing similar entrepreneurial pathways
Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
MINDSHIFT
Practice Being “Other Centered”
1. To what extent do you feel you are already “other–centered” in your life? Give some
examples of your actions and decisions in this regard.
Sample answer: Answers will vary from student to student. Consider pointing out, however,
that people who are truly “other–centered” are, in some regards, more likely to view
2. Was it easier than you expected, or more difficult, to focus for an entire day on being
other-centered? Would you want to continue this focus for a second day running?
Sample answer: Answers will vary from student to student. As the instructor, consider
3. What did you learn from this Mindshift that surprised you?
Sample answer: Answers will vary from student to student. As the instructor, consider
Summary Questions
1. Describe what social entrepreneurship is and the role it plays.
Social entrepreneurship is the process of innovating solutions to “wicked” problems relating to
2. Explain how social entrepreneurship can help resolve wicked problems around the world.
3. Identify the different types of social entrepreneurship.
4. Explain how social entrepreneurs can use capital markets to fund their ventures.
5. Identify the primary attributes of stakeholders and how stakeholders can help or hinder a
social entrepreneur.
6. Distinguish between corporate social responsibility and social entrepreneurship.
Corporate social responsibility and social entrepreneurship differ in one critical sense: the
7. Assess the value of social inclusion globally within social entrepreneurship.
Social inclusion is meant to directly confront some of the inequity that creates personal