Enhancing Social Entrepreneurship Model for Social Entrepreneurs: A Case of AL-FALAH Foundation

This study examines the importance of enhancing a social entrepreneurship model for social entrepreneurs on the context of urban poverty. This study begins with the introduction of brief background of AL-FALAH Foundation. A detail of AL-FALAH Foundation’s organization structure, vision, mission and...

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Bibliographic Details
Main Authors: Fakhrul Anwar, Zainol, Wan Norhayate, Wan Daud, Zulhamri, Abdullah, Mohd Rafi, Yaacob
Format: Article
Language:English
Published: 2014
Subjects:
Online Access:http://eprints.unisza.edu.my/4576/1/FH02-FESP-14-02053.pdf
http://eprints.unisza.edu.my/4576/
http://dx.doi.org/10.6007/IJAREMS/v3-i5/1195
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Summary:This study examines the importance of enhancing a social entrepreneurship model for social entrepreneurs on the context of urban poverty. This study begins with the introduction of brief background of AL-FALAH Foundation. A detail of AL-FALAH Foundation’s organization structure, vision, mission and its functions are described thoroughly. The study documents the physical characteristics and environment of the social entrepreneurship of AL-FALAH Foundation. We measure three key characters of social entrepreneurship – innovation, proactiveness, and risk taking on the current practice of organization. We found that AL-FALAH Foundation is being proactively in achieving their mission. Specifically, AL-FALAH can be considered as innovation, proactiveness and risk taking in being efficient financially. The organization focuses on elevating their members’ socio-economic living standard through shares and other profitable investments. This study implies that social entrepreneurship model can be effectively practiced in the corporate setting which may leverage the networks in a moderate competitive business environment.