Social Entrepreneurs: Innovative and with a social vein


Entrepreneurs with a social vein are nothing New, but in Germany getting stronger and stronger in the Trend. Now, the state development Bank KfW has for the first time examined in a study how these Social ticking Entrepreneurs.

Corporate social responsibility purpose – this is the mainspring of Friedrich Wilhelm Raiffeisen (article image) was, in the middle of the 19th century. Century, the Plight of the starving peasants to relieve wanted, and with his cooperative idea, the Foundation-stone for the today existing Raiffeisen organization created. In Jena, Germany, it was Ernst Abbe, the end of the 19th century. Century with the Carl-Zeiss-Stiftung a completely new way went to a company to organize their social responsibility. But Public awareness of the social entrepreneur, the Social Entrepreneur came only with the awarding of the Nobel peace prize to Muhammad Yunus in 2006. Yunus had found in 1983, the Grameen Bank in Bangladesh is a way for poor people without a Bank account and without collateral loans. Meanwhile, Grameen projects funded for Renewable energy, operates a nationwide cellular network, or provides micro-health insurance in Asia, Africa, the Middle East, and Latin America. The idea of microcredit for the poor as a help to self-help, other-motivated social entrepreneurs.

In Germany, these are often company founders who want to make a contribution to the protection of the environment or solving a social problem. But you not only have a social vein or a weakness for the environment: social entrepreneurs in Germany are also the most frequently contested, with innovations to the study of the public Kreditanstalt für Wiederaufbau (KfW).

More innovative than for-profit founder

Just under a third of this socially oriented young entrepreneurs to offer new to market products in your area, or about three times as many as under conventional young entrepreneurs. Were taken into account prior to the survey in 2017 active founders of the past five years. Every fourth of the approximately 154,000 dialysis social entrepreneurs also developed their own technological innovations to the market, only 11 percent of the other founders have to be Mature about it. “Many of the so-called Social Entrepreneurs are thus very much in the forefront of sustainable economic development”, underlines KfW’s chief economist Jörg Zeuner.

“Social entrepreneurs have anchored next to the winning goal is a social or ecological concerns at the top in your target system and to forego possible returns,” said Zeuner. You create according to the study, more Jobs than other start-UPS. A third of the social entrepreneurs employed staff (32 percent), with other young entrepreneurs, be it 25 percent.

Founding of the company, not as a last resort

The majority of the social entrepreneurs is also, therefore, self-employed, because the founders want to implement a business idea. The lack of Job Alternatives played only 17 per cent of the crucial role, in contrast, one third of the other founders.

The most frequently a social or ecological concern, according to the in women and over 50-Year-old in the focus. “The social entrepreneurs are showing that you can achieve in the advanced professional life with new plans. This is also to be welcomed against the Background of demographic change,” said Zeuner.

The government development Bank examined the company in the framework of its founding monitor for the first time, the peculiarities of young and social. In the year 2017, it was reported to be 154. 000 founder, the led 108 000 companies with a social and environmental focus. Around nine percent of the active entrepreneurs of the last five years prior to the survey.