SOCIAL ENTREPRENEURSHIP
DEFINITION OF SOCIAL ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sell and buy their ideas/products
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grow and flourish
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grow and encourage others
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None of the above
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Detailed explanation-1: -It is created to support the businesses and startups that are being commenced. According to the Kauffman Foundation, “Entrepreneurial ecosystems drive local economic vibrancy and national economic growth by building fertile environments for new and growing companies to thrive.”
Detailed explanation-2: -Tourism entrepreneurship is believed to flourish in an environment where the social, economic and political conditions serve as a motivational force, but such activity needs to be supported by the community and governing bodies.
Detailed explanation-3: -Social Entrepreneurship They focus on helping communities or the environment through their products and services. They are not driven by profits but rather by helping the world around them.
Detailed explanation-4: -Other important aspects of an entrepreneurial ecosystem include its culture, the availability of start-up and growth capital, the presence of large firms, universities and service providers.