Social Entrepreneurship

Social Entrepreneurship

How do we bring the cutting-edge knowledge and research of the social, engineering and physical sciences to bear on the world’s social problems? Traditional vehicles, like governments and not-for-profits, have only helped so much. Social Entrepreneurship combines the knowledge of the sciences with the discipline of business to create a powerful new model for creating a better world.

Social entrepreneurship is about combining a social impact model with a business model. A social impact model helps you to work out what the social problem and opportunity are and the best evidence-based way to address them. The business model provides the way to make a profit which can fund the social impact model – allowing you to create more sustainable impact. This is the difference between social entrepreneurship and not-for-profits; social enterprises allow for the private appropriation of profits and the building of an entrepreneurial culture within the organisation.

In the past, social science students have wanted to impact the world but lacked the business knowledge. Business students, by contrast, lacked awareness of the social consequences of business action. And what’s more, is that neither student put theory into practice to develop the practical skills necessary to actually create an impact.

That’s what these courses are for – a new vision for social science and business.

 

Studying social Entrepreneurship

The courses combine the fundamental skills of entrepreneurship with the latest strategies around solving social problems.

The skills developed by studying social entrepreneurship can lead to an exciting array of diverse career opportunities that put you at the forefront of innovation and social change.

For undergraduate students

Social Entrepreneurship (TIMS3304)

The course provides you with a real-life, hands-on experience of undertaking a social entrepreneurship project on a social issue of your passion. These skills and knowledge are useful regardless of your future career path. Graduates tell us that the course offers a competitive edge on resumes because it forces students to ‘learn-by-doing’: face real problems and find solutions. Previous experience in business is not required in order to undertake this course.

Discover how UQ Business School undergraduate students, Mikayla and Zachary, transformed their classroom knowledge into a social entrepreneurship success story, The Tippy Toe Co.

Watch the video.

To find out more about their journey, visit future.business.uq.edu.au

For postgraduate students

Social Entrepreneurship in Practice (TIMS7329)

You will be introduced to social innovation and entrepreneurship via hands-on applied learning. An overarching theme is teaching blended value business models and how to create both social and financial value at the same time. Key emphases are on how to create positive sustainable social impact while also turning a profit. You will form teams around a social opportunity and then be given the skills to further shape, evaluate and execute a project. You will be taught a discovery-driven approach to finding the right opportunity for innovation and entrepreneurship.

Discover how a team of UQ Business School postgraduate students ventured to Bogota, Colombia to show disadvantaged communities how entrepreneurship students might lead them out of poverty and greater wellbeing.

Watch the video.

To find out more about their journey, visit future.business.uq.edu.au

Social Enterprises and Not-for-Profits (MGTS7308)

Research, discuss and critically reflect upon the existing landscape and impact of social enterprises and not-for-profits. Social enterprises and not-for-profits endeavour to blend two strands of thinking and action: One is the social mission of serving public interest and the community, while the other includes introduction of for-profit business practices. Learn how to identify social impact solutions that are effective in both strands, understand how they work as well as analyse and recommend ways to scale them.

Entrepreneurship Incubator (TIMS7331)

Continue to learn how to build your social or other entrepreneurship projects, which you started in the previous social entrepreneurship courses. This course will focus on skills relevant to discovering and validating your social business model to the point of execution of a new social enterprise.  Successful students will graduate with tangible evidence of their ability to create social, team, personal and business value.

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