What does social entrepreneurship mean?
Definitions for social entrepreneurship
so·cial en·trepreneur·ship
This dictionary definitions page includes all the possible meanings, example usage and translations of the word social entrepreneurship.
Wiktionary
social entrepreneurshipnoun
The application of the principles of business entrepreneurshipincluding risk-taking and ingenuityto social causes.
Wikipedia
Social entrepreneurship
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. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development. At times, profit-making social enterprises may be established to support the social or cultural goals of the organization but not as an end in themselves. For example, an organization that aims to provide housing and employment to the homeless may operate a restaurant, both to raise money and to provide employment for the homeless. In 2010, social entrepreneurship was facilitated by the use of the Internet, particularly social networking and social media websites. These websites enable social entrepreneurs to reach numerous people who are not geographically close yet who share the same goals and encourage them to collaborate online, learn about the issues, disseminate information about the group's events and activities, and raise funds through crowdfunding.In recent years, researchers have been calling for a better understanding of the ecosystem in which social entrepreneurship exists and social ventures operate. This will help them formulate better strategy and help achieve their double bottom line objective.
Wikidata
Social entrepreneurship
Social entrepreneurship is the process of pursuing innovative solutions to social problems. More specifically, social entrepreneurs adopt a mission to create and sustain social value. They relentlessly pursue opportunities to serve this mission, while continuously adapting and learning. Social entrepreneurs act boldly, not constrained by resources currently in hand. They hold themselves accountable for achieving the social mission and use resources wisely. They draw upon the best 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. 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.
Numerology
Chaldean Numerology
The numerical value of social entrepreneurship in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of social entrepreneurship in Pythagorean Numerology is: 9
Examples of social entrepreneurship in a Sentence
Social entrepreneurship is about disrupting existing markets that aren’t working, and creating new ones to improve the status quo.
When the solution helps move a system from an equilibrium that is unjust (where there is suffering, exclusion or marginalization) and helps establish a new, more just, equilibrium then social entrepreneurship is at work.
Social entrepreneurship is the road less traveled, but is one of the paths that can lead to the building of hybrid businesses with triple-bottom lines.
In popular terms visual art is just another form of social entrepreneurship and visual journalism that uses communication of emotional level. So let's be clever in what we converse about.
Social entrepreneurship is both a huge business opportunity but also an area where we really think we can deliver a lot of impact.
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"social entrepreneurship." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/social+entrepreneurship>.
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