ENTREPRENEURSHIP

Detailed explanation-1: -Social entrepreneurship is an approach by individuals, groups, start-up companies or 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.

Detailed explanation-2: -Social entrepreneurs aim to create an equal and just society by providing economic and social security, livelihood opportunities, and raising living standards. They drive policy changes, provide problem-solving models, and work for economic profit while investing in social and economic assets for the community.

Detailed explanation-3: -Social entrepreneurship is the process by which individuals, startups and entrepreneurs develop and fund solutions that directly address social issues. A social entrepreneur, therefore, is a person who explores business opportunities that have a positive impact on their community, in society or the world.

Detailed explanation-4: -Social enterprises primarily spring up from the social inequity or the market failure when the traditional systems are not enough to meet the needs. The primary problem-involving majority of the social enterprises is that, it lacks the ability to scale-up the enterprise to the next level.