SOCIAL ENTERPRENEURSHIP

The idea of "social entrepreneurship" has struck a responsive cord. It is a phrase well suited to our times. It combines the passion of a social mission with an image of business-like discipline, innovation, and determination commonly associated with, for instance, the high-tech pioneers of Silicon Valley. The time is certainly ripe for entrepreneurial approaches to social problems. Many governmental and philanthropic efforts have fallen far short of our expectations. Major social sector institutions are often viewed as inefficient, ineffective, and unresponsive. Social entrepreneurs are needed to develop new models for a new century.
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Social Entrepreneurship And Characteristics - The current events in the world political economy call for proper and deeper inspection of the role of business. Are businesses purely for profit motives as Adam Smith had suggested or can they be modified for social re-engineering and social entrepreneurship?