The New Heroes . What is Social Entrepreneurship? Photo: Mitch Wilson A social entrepreneur identifies and solves social problems on a large scale.
Just as business entrepreneurs create and transform whole industries, social entrepreneurs act as the change agents for society, seizing opportunities others miss in order to improve systems, invent and disseminate new approaches and advance sustainable solutions that create social value. Unlike traditional business entrepreneurs, social entrepreneurs primarily seek to generate "social value" rather than profits. Institute For Social Entrepreneurs, Jerr Boschee. 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 pursue opportunities to serve this mission, while continuously adapting and learning. They draw upon appropriate 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.[1] Social Entrepreneurship.