Abstract

The purpose of this article is to explore the various discussion of social entrepreneurship. Social entrepreneurship provides a unique opportunity and assumptions to question, challenge and rethink from different perspective of management and business research. This article offers a comparative analysis of commercial entrepreneurship and social entrepreneurship using a prevailing analytical model from commercial entrepreneurship. The analysis highlights key differences and similarities between commercial entrepreneurship and social entrepreneurship. This article also presents a framework on how to approach the social entrepreneurial process more effectively and systematically. Social entrepreneurship is a process of creating value by combining resources in new concepts. These process are intended primarily to get the opportunities to create social value by stimulating social change or achieve social needs. When viewed as a process, social entrepreneurship involves the offering of products and services but can also refer to the creation of new organizations. This article focuses and analyses the literature finding of social entrepreneurship.

Highlights

  • Commercial entrepreneurship is important in the growth of the business sector as well as a driving force behind the brisk expansion of the social sector

  • The social entrepreneurship is important to communities in social needs

  • After the study of literature review on social entrepreneurship, it is clear out that communities needs social entrepreneurs to help them in achieve social needs

Read more

Summary

Introduction

Commercial entrepreneurship is important in the growth of the business sector as well as a driving force behind the brisk expansion of the social sector. In addition commercial entrepreneurship is becoming an important factor in the development and good of societies, this is supported by most academics and economists. Commercial entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and welfare effects [42,1,53,54]. The dynamics of commercial entrepreneurship can be vastly different depending on institutional context and level of economic development. There are considerable differences across countries in the orientation of entrepreneurial activities [26]. The nature and structure of entrepreneurial activities varies across countries as reflected by, for example, the relative volumes of necessity and opportunity entrepreneurship

Results
Discussion
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call