Annotation
Social entrepreneurship takes responsibility for an innovative and untested idea for positive social change and ushering that idea from dream to reality. It enables social entrepreneur to make lasting impact on the most difficult problems and it is a special combination of groundbreaking creativity and steadfast execution. The language of social entrepreneurship may be new, but the phenomenon is not. We have always had social entrepreneurs, evene did not call them that. They originally built many of the institutions we now take for granted. However, the new name is important in that it implies a blurring of sector boundaries. Social entrepreneurship is an approach by start-up companies and 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 must 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. Social Entrepreneurship is the process of finding out innovative solutions to society's mostpressing social problems.
