Although not a new construct- social entrepreneurship has been around for over forty years-the business model driving the concept is still evolving. As a consequence of the evolving nature of social entrepreneurship, there is confusion regarding what it is and how it is different from a nonprofit organization or a traditional business. Nonprofits came into [...]

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The economic perspective rests on certain economic variables which include innovation, risk bearing, and resource mobilization. Innovation/Creativity In this approach, entrepreneurs are individuals who carry out new combination of productive resources. The key ingredient, the carrying out of new combination (or innovation) distinguishes entrepreneurs from non-entrepreneurs. While new venture creation appears as the most prevalent [...]

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By teaching them entrepreneurship, students will also be able to examine the worth of their abilities and what they can do to improve these abilities. Hand in hand with teaching them the benefits of entrepreneurship, students should also be given a realistic description on the daily life of an entrepreneur in order for them to [...]

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