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A social entrepreneur is a person who pursues novel applications that have the potential to solve community-based problems. These individuals are willing to take on...
A social entrepreneur is primarily motivated by a desire to alleviate some kind of systemic social or cultural problem. In this article, we’ll dive deeper into what social entrepreneurship is, how it compares to regular entrepreneurship, and why it’s important.
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. [1] This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. [2]
Social entrepreneurship signals the imperative to drive social change, and it is that potential payoff, with its lasting, transformational benefit to society, that sets the field and its practitioners apart.
Social entrepreneurship is the process by which individuals, startups and entrepreneurs develop and fund solutions that directly address social issues. A social entrepreneur, therefore, is a person who explores business opportunities that have a positive impact on their community, in society or the world.