Social Entrepreneurship : Growth And Challenges

2024 WordsNov 9, 20169 Pages
Social Entrepreneurship: Growth and Challenges Khushbu Sakalle Student Stratford University Falls Church Campus “Entrepreneurship based on purposeful and systematic innovation. It includes not only the independent businessman but also company directors and managers who actually carry out innovative functions.”—Schumpeter, (1939) INTRODUCTION “What is Social entrepreneurship? It is generally defined as -Entrepreneurship activity impacting directly impacting the social purpose.” The terms social entrepreneur and social entrepreneurship were used first in the literature on social change in the 1960s and 1970s.The terms came into widespread use in the 1980s and 1990s, promoted by Bill Drayton the founder of Ashoka: Innovators for the Public and others such as Charles Lead beater. A social entrepreneur approach toward identifying the practical solutions to social problems by combining innovation, resourcefulness and opportunity. These entrepreneurs find out innovative processes, services and products, or indistinct ways of merging proven practice with innovation to address difficult social issues. So the focus of their work is on development of an enterprise, education, environment, health and labor conditions or human rights, social entrepreneurs are people who acquire on the problems made by changes in terms of opportunities to societies. This research paper concentrate on social entrepreneurship and its growth and challenges. The objective of this research paper is to

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