Entrepreneurship in Culture and Creative Industries by Elisa Innerhofer Harald Pechlaner & Elena Borin

Author:Elisa Innerhofer, Harald Pechlaner & Elena Borin
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

4.3 Change the Awareness of Other Fields Like Engineers, Lawyers, Doctors…

The value of social and cultural entrepreneurship in the scientific community seems undisputed, as many articles and books have been published on this topic (Di Domenico et al. 2010; Essig 2015; Beckman 2015; White 2015; Andersson and Self 2015; Wyszomirski and Woong 2015). The educated and interested consumer also knows about the basic concept of social entrepreneurship. If one moves to the broader fields of work not usually connected with such ideas, one still finds major ignorance: engineers, lawyers, and doctors usually do not get in touch with these concepts during their studies.

It seems utterly important that engineers, lawyers, doctors, and similar professionals understand the value of social and cultural entrepreneurship concepts. Such professionals are most likely able to fund and support social and cultural enterprises later in life. If the given professionals already understand the value of such enterprises investing in social ventures early in their career, such will become a natural habit.

The idea of social venture capital is still restricted to a small number of people. Social venture capital should and could become a much larger movement, especially with the support from middle- to high-income people; their possible support would be enhanced by the confrontation with these concepts and the value of these enterprises during their studies. It is important to clarify here that it is not about winning donors, but investors—especially with regard to these other economic areas—namely with those who work in banks, insurance agencies, and consultancies, among others; the concept of investing is much more intriguing than donation.

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