ENTREPRENEURSHIP

Detailed explanation-1: -Social enterprises have to seek economic value so that they can have sustainable development, serving beneficiaries longer without worrying about the fund. Meanwhile, social entrepreneurs need to have insight into market change and trends, such as technology, culture, politics and so on.

Detailed explanation-2: -Social entrepreneurs differ from conventional entrepreneurs in the goals they hope to achieve. While traditional entrepreneurs typically focus on the creation of commercial value or profits, social entrepreneurs work to create social value-where society or the community benefits.

Detailed explanation-3: -The difference between the two concepts lies in how this common intention of leveraging innovation for social good is executed: while social entrepreneurs establish separate enterprises to create social good, social intrapreneurs create that social good from inside an existing entity.

Detailed explanation-4: -The entrepreneur participates in entrepreneurial venture with the aim of earning profit. On the other hand, the social entrepreneur participates in profit seeking business ventures if only to use the profits generated to create valuable social programs for the whole community.