WHAT is social entrepreneurship?
Social entrepreneurship is practiced worldwide and is a very fast upcoming type of entrepreneurship. Social entrepreneurships are companies with innovative solutions to social problems. They combine social goals with enterprise.
Their main focus is not, as with commercial entrepreneurships, to make money, but on social, cultural, and environmental problems. These goals can be defined very broadly, but the most common fields of a social entrepreneurship are on an educational, healthy, and environmental field. A company based on social entrepreneurship will have results in income-generating activities, a new approach to projects and management that will be effective and innovative. Identifying and solving social problems requires a company with committed employees who actually care about the problems.
A social entrepreneurship can be any kind of business or organization, but it can also be small projects with a social background. Social entrepreneurships are often confused with the voluntary and not-for-profit sectors. The only difference between a social entrepreneurship and these sectors is that a social entrepreneurship not necessarily is incompatible with making a
profit. Social entrepreneurs are often seen as ambitious, mission driven, strategic, resourceful, and result oriented. Social entrepreneurships are getting more popular in the world because people in general are more concerned about social issues like environmental issues than they were 20 years ago. This means that people support businesses more if they have a social goal instead of when a company only cares about making profit.
Their main focus is not, as with commercial entrepreneurships, to make money, but on social, cultural, and environmental problems. These goals can be defined very broadly, but the most common fields of a social entrepreneurship are on an educational, healthy, and environmental field. A company based on social entrepreneurship will have results in income-generating activities, a new approach to projects and management that will be effective and innovative. Identifying and solving social problems requires a company with committed employees who actually care about the problems.
A social entrepreneurship can be any kind of business or organization, but it can also be small projects with a social background. Social entrepreneurships are often confused with the voluntary and not-for-profit sectors. The only difference between a social entrepreneurship and these sectors is that a social entrepreneurship not necessarily is incompatible with making a
profit. Social entrepreneurs are often seen as ambitious, mission driven, strategic, resourceful, and result oriented. Social entrepreneurships are getting more popular in the world because people in general are more concerned about social issues like environmental issues than they were 20 years ago. This means that people support businesses more if they have a social goal instead of when a company only cares about making profit.