Impact of Social Entrepreneurship on Competitive Advantage of Islamic Banks Working in Jordan

Abstract

The concept of social entrepreneurship has become a slogan raised by successful and entrepreneurial business organizations, through a lot of efforts directed to the attention of this concept, and combining it within the performance requirements, which is deemed to be necessary within the top priorities at all administrative levels, literature shows that organizations that do not adopt social concepts in their work, especially in the current era, they find themselves mired in a spiral of problems, in addition to the negative repercussions that are endless, and could face the challenges of dissatisfaction with members of the community on their activities as a whole, especially conservationists of  them.

Social Entrepreneurship describe a group of extraordinary behaviors that should be motivated and encouraged, and provide motivation and rewards for those who have the ability and effort to do them (Richolls, 2000),he can also be considered as representing the process of keeping up with innovative solutions to social problems more definitely or Specifying, here the social concept is highlighted and may work to intensify messages which it disseminates to create and sustain a set of social values ​​that seeks to spread, and those values ​​are connecting with an attempt to exploit the opportunities in front of him in the community, to serve these messages and try to continue to adapt and learn.

At the level of business enterprises, the social entrepreneurship seeks to change the system work beside its priorities and programs, linking its goals of profitability and non-profitability, and thus the development of visions that were offered to the models and behaviors that increase the target segments size, and combining it within larger geographical space that benefits a larger number of citizens and users, and as the  researcher (Dracker,1990) says If entrepreneurship focuses on generating wealth and interest in it as an engine for economic development, the social entrepreneurship focuses on making the world a better place to live and works to create social capital.

At the level of Jordan, the Jordanian economy is one of the small economies in the middle east region with limitedness in most agricultural, water resources, and resources of energy in general, and that affected the efforts of economic and social development in the state, the stress of the previous problems have increased because of the political and regional ambient conditions. In particularly the problem of Syrian asylum, which increased the budget deficit, and poverty and unemployment rate among disadvantaged groups of citizens or of the newcomers.