Entrepreneurship that is a form that exhibits characteristics of non-profits, governments, and businesses
Social Entrepreneurship
Combination of private-sector focus on innovation, risk-taking, and large-scale transformation with social problem solving
The Social Entrepreneurship Process
1. Recognition of a perceived social opportunity translated into an enterprise concept
2. Resources are acquired to execute the enterprise's goals
Social Entrepreneurs
A person or small group of individuals who founds and/or leads an organization or initiative engaged in social entrepreneurship
Other terms for Social Entrepreneurs
Public entrepreneurs
Civic entrepreneurs
Social innovators
Social Entrepreneurs
Creative thinkers continuously striving for innovation in technologies, supply sources, distribution outlets, or methods of production
Change agents who create large-scale change using pattern-breaking ideas to address the root causes of social problems
Driven by social goals
Challenges are presented regarding the boundaries of what is and what isn't a social enterprise
Social causes can be based on personal goals
General agreement that there is the desire to benefit society in some way
Arguments can begin over the location of the social goals and with the purposes of the social goals
Sustainable Entrepreneurship
Focus on the preservation of nature, life support, and community
Pursuing opportunities to bring into existence future products, processes, and services for gain, including economic and noneconomic gains to individuals, the economy, and society
Forms of Sustainable Entrepreneurship
Ecopreneurship - Environmental entrepreneurship with entrepreneurial actions contributing to preserving the natural environment, including the Earth, biodiversity, and ecosystems
Social Entrepreneurship - Activities and processes undertaken to discover, define, and exploit opportunities in order to enhance social wealth by creating new ventures or managing existing organizations in an innovative manner
Corporate Social Responsibility - Actions that appear to further some social good, beyond the interests of the firm and that which is required by later and often denotes societal engagement of organizations
Ecopreneurship
Ecovision - A leadership style that encourages open and flexible structures that encompass the employees, the organization, and the environment, with attention to evolving social demands
Environmental Movement - Initiated primarily by values rather than by design