University of Munich, Germany

SuccessfulLocal Innovationfor Global Change

How you make the most of your social entrepreneurship endeavor

The secret of successful ventures

Social entrepreneurs are the driving force behindsocial innovationsthatimprove the quality of lifeof people living in impoverished conditions. However, while someventuresalready deliver social impact by utilizing innovative and effective inclusive business models, others fail to comeup with new solutions topressing social problems and often deal with avariety of challenges, such as:

• How to turn your idea into a viable business takinglocal conditions intoaccount.

• How to persuade your partners and investors to engage with your idea.

• How to balance commercial and social success for long-term growth.

• How to scale up your business for global impact.

What separates the winners?

To promote inclusive growth, social ventureshaveto satisfythe
special needs oflow-income consumersand developlow-cost and high-quality products, services, and business models.

Whatdoes this imply forsocial entrepreneurs who have to operate under resource-scarce conditions? Whatstrategies canthey applyto identify new business opportunitiesto bring about sustainable solutions for positive social change?

Ourresearch project aims at investigating key drivers of successful social entrepreneurship endeavors.

What are we looking for?

For our survey, we arelooking for socialventures,which develop products or services for low-income customers in South Africa or other countries. 

Howdo you benefitfromourstudy?

• Based on our large sample study, we will provide you with the project`s key results in form of a summary report.

• We organize a (virtual) workshop for all participating entrepreneurs where we present them our latest research findings on how to innovate under challenging environments.

• We will show how social entrepreneurs can develop innovative business models taking local conditions into account, how they can succeed in balancing commercial and social success for long-term growth, get access to business networks, and successfully scale up their business for global impact.

• You will gain insights into central factors influencing social venture success, which may improve your future investment decisions.

Engage in a dialogue with our experts and benefit from their rich experience in the fields ofsocial innovation, entrepreneurship,andteamwork.

About us

Our research team is internationally recognized for its excellent research record and has received numerous awards. The team at the Institute for Leadership and Organization has been working successfully with renowned firms from differentindustriesaround the globe.

ContactDetails for study participation

Helene Koepplin

+49 (0) 89/2180-9547

koepplin@bwl.lmu.de

http://www.en.ilo.bwl.uni-muenchen.de