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:
“Night City was like a deranged experiment in Social Darwinism, designed by a bored researcher who kept one thumb permanently on the fast-forward button. Stop hustling and you sank without a trace, but move a little too swiftly and you’d break the fragile surface tension of the black market; either way, you were gone ... though heart or lungs or kidneys might survive in the service of some stranger with New Yen for the clinic tanks.”
—William Gibson (b. 1948)