Essay On Social Entrepreneurship

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Social Entrepreneurship is commonly defined as an entrepreneurial activity with an embedded social purpose. It has become a global phenomenon, addressing the basic needs of the human society which are neglected in the race for development in the mainstream. Some of the striking examples of social entrepreneurship have originated in developing countries. Microfinance of Bangladesh is a powerful example which has been accepted and adopted globally. Social entrepreneurship is vibrant in developed countries as well. UK has a 3.2% of the working age population involved in founding and running social ventures as compared to 6.2% of the working population in commercial entrepreneurships. This data is particularly intriguing as the social entrepreneurs …show more content…

As change agents, they manifest a revolutionary nature for the purpose of a social mission. By creating sustainable improvements in the lives of the beneficiaries and the society which they serve, they intend to accentuate systemic change and act with a bold vision. The social mission differentiates the social entrepreneurs from their counterparts in the business and economic world. In the relentless pursuit of social impact on a sustainable level with lasting effect, they manifest persistence and restlessness to the extent of being labeled as ‘unreasonable.’ Dees says “they break new grounds, develop new models and pioneer new

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