http://uabcyunuscentre.feyri.mx/
Presentación
The concept of social business has been developed by Professor Muhammad Yunus, Nobel Peace Prize 2006, who promoted social businesses as an alternative to help solve poverty, through business initiatives based on market mechanisms, with main objective to solve social problems and maximize welfare, from the production and sale of goods or services that meet a priority need of the most vulnerable social sectors.
There are two types of social businesses:
The first are companies that focus on providing a social benefit to marginalized population sectors, which provide a solution to problems related to well-being, including poverty, and not the maximization of profits. The satisfaction for the investors is psychological, emotional and spiritual instead of economic reward, contributing to social peace.
The second type of social business maintains goals of maximizing profits because its owners are immersed in poverty. In this case, the social benefit is derived from the fact that the capital and the growth dividends of the companies are aimed at improving the social condition of their owners and families, who come from underprivileged population sectors, thus helping to reduce their poverty or even end it.
In Words of Prof. Yunus, the seven principles of social Business are:
1 Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization.
2 Financial and economic sustainability
3 Investors get back their investment amount only. No dividend is given beyond investment money
4 When investment amount is paid back, company profit stays with the company for expansion and improvement
5 Gender sensitive and environmentally conscious
6 Workforce gets market wage with better working conditions
7 Do it with joy
Objective
The meeting will promote the development of social businesses as an alternative or complement of the main social problems solutions of Baja California and Mexico. To do this, it looks to promote participation and exposure of interdisciplinary experiences and research, privileging contributions that have a perspective on the concept of social business. Works on the following topics are welcome, without being limiting:
Topics:
Where and when
Faculty of Engineering and Business, Tecate, Baja California.
Wednesday, March 20, 2019.
Call for papers
Papers must be sent through the UABC-Yunus Center website for social and welfare businesses (http://uabcyunuscentre.feyri.mx/).
Guidelines
The works must be presented in PDF file and with the following format:
Important dates