Social entrepreneurship is a new form of entrepreneurship that exhibits characteristics of nonprofits, governments, and businesses. It applies traditional (private sector) entrepreneurship's focus on innovation, risk taking, and large scale transformation to social problem solving. Social entrepreneurship starts with a sensed social opportunity which is later transformed t a business concept, afterwards, resources are gotten to execute the business's goals.
A Social Entrepreneur is an individual who founds or leads an organization or idea engaged in social entrepreneurship. Social Entrepreneurs can also be called public entrepreneurs, civic entrepreneurs or social innovators. Arthur C.Brooks outlines some activiteis that characterize social entrepreneurs:
- Adoption of a mission to sustain and create and sustain social value (beyond personal value)
- Recognition and relentless pursuit of opportunities for social value
- Engagement in continuous innovation n learning
- Action beyond the limited resources at hand
- Heightened sense of accountability
http://en.wikipedia.org/wiki/List_of_social_entrepreneurs
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