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The ABC's of Social Entrepreneurship

Social entrepreneurship [WIKIPEDIA] is the process of pursuing suitable solutions to social problems. More specifically, social entrepreneurs adopt a mission to create and sustain social value. They pursue opportunities to serve this mission, while continuously adapting and learning. They draw upon appropriate thinking in both the business and nonprofit worlds and operate in all kinds of organizations: large and small; new and old; religious and secular; nonprofit, for-profit, and hybrid.[1]

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.[2] Profit can at times also be a consideration for certain companies or other enterprises.

Social entrepreneurship practiced in a world or international context is called international social entrepreneurship.[3] See also Corporate social entrepreneurship.

  1. History
  2. Current practice
  3. See also
  4. Further reading
  5. References
  6. External links

Read more about the meaning of Social Entrepreneurship in the article by J. Gregory Dees.

Social entrepreneurs drive social innovation and transformation in various fields including education, health, environment and enterprise development. They pursue poverty alleviation goals with entrepreneurial zeal, business methods and the courage to innovate and overcome traditional practices. A social entrepreneur, similar to a business entrepreneur, builds strong and sustainable organizations, which are either set up as not-for-profits or companies. Read the entire "What is a social entrepreneur" article posted by Schwab Foundation for Social Entrepreneurs.

Do You Have What it Takes to Be a Social Entrepreneur?

The 5 P's of Social Entrepreneurship: Passion. Purpose. Plan. Partner. Profit.

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