SOCIAL ENTREPRENEURSHIP
DEFINITION OF SOCIAL ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Either A or B
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None of the above
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Detailed explanation-1: -To be truly successful, innovation needs all three elements: ideas, action, and foresight.
Detailed explanation-2: -– Routine innovation: based on existing technology and fits with the current business model. – Disruptive innovation: requires a new business model but not necessarily a technological breakthrough. – Radical innovation: here the challenge is purely technological.
Detailed explanation-3: -Innovation requires collaboration, ideation, implementation and value creation. Community developers actively engaged in innovation illustrated each of these elements during breakout sessions.
Detailed explanation-4: -These possible drivers for innovation can be classified into three categories, problems, constraints and opportunities.