Social entrepreneurship describes an entrepreneurial venture that aims to achieve a desired social change.
Business entrepreneurs typically measure performance in profit and return, but social entrepreneurs also take into account a positive return to society. Social entrepreneurship typically furthers broad social, cultural, and environmental goals and is commonly associated with the voluntary and not-for-profit sectors. Profit can at times also be a consideration for certain companies or other enterprises.
Social entrepreneurship practised in a world or international context is called international social entrepreneurship. See also Corporate social entrepreneurship.
Read more about Social Entrepreneurship: History, Current Practice, See Also, Further Reading
Famous quotes containing the word social:
“A child who is not rigorously instructed in the matter of table manners is a child whose future is being dealt with cavalierly. A person who makes an admiral’s hat out of linen napkins is not going to be in wild social demand.”
—Fran Lebowitz (20th century)