Abstract

Social innovation and social entrepreneurship were rarely discussed till the 19th century. However, the topic has been in the limelight extensively since 1950. Moreover, the linkage between social innovation and social entrepreneurship still needs to be explored, especially in developing sides of the world where social entrepreneurship is required to optimize social and economic parameters. In fact, there is a severe increase in the level of opportunities for social entrepreneurship. The increase in the level of opportunities is massive, especially due to globalization. Therefore, this chapter has been written purposefully to reflect the role of social entrepreneurship with examples and opportunities for social entrepreneurship with reference to the developing sides of the world.

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