Page 17 - UDYAMA FINAL final for web

also we try to fix the broken sys- issues in a way that improves the ssocial-entrepreneurhip will sup-
tem through many foreign aids lives of people connected to the port the universities, especially as
and international donors rather cause. The social entrepreneursh- organizations that balances creat-
than changing the system. This ip in the university system should ing economic value and a social
intensifies a holistic changing pr- be one step further on the academ- mission. Like other enterprises
ocess to address the modern world ic perspectives. In the context of the academic social entrpreneurial
requirements in the local settings education, social entrepreneurship leadership also should be support-
to overcome the global challeng- models provide an opportunty to ed with a conducive ecosystem
es. respond quickly, build long term that include university council,
sustainability and create avenues administrative environment, aca-
The universities are to be provied for collaborations between multi- demic and non-academic staff,
leadership through a social entre- ple sectors. Many universities in student and other stakeholders.
preneur, who pursues novel appli- the world including leading uni- Here the university council can
cations that have the potential to versities in U.S. and U.K. such as provide a vital mentoring and
solve community-based problems Harvard and Oxford already guidance supports to the academic
across the world. On one hand the adapted the social entrepreneur- social entrepreneurial leader-
universities are primarily the age- ship models. And they have ship of the vice-chancellors.
nt for social transformation, on already revealed a wide spread This intensifies holding the coun-
the other hand, they are required success in social-change while cil members of the universities
to find solutions for economic improving social condition bey- as change incubators with entre-
challenes. Social entrepreneurs ond the locality. Creating sustaina- preneurial mind settings beyond
combine commerce and social ble business models through political spheres.

“ models through
Creating sustainable business

social-entrepreneurship will
support the universities, especially

as organizations that balances

creating economic value and a
social mission

”

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