Sikta RoyKnowledge Contributor
What is social entrepreneurship, and how do social enterprises combine business innovation and social impact to address pressing social, environmental, and economic challenges?
What is social entrepreneurship, and how do social enterprises combine business innovation and social impact to address pressing social, environmental, and economic challenges?
Social entrepreneurship involves applying entrepreneurial principles and innovative business models to create positive social change and sustainable solutions to societal problems. Social enterprises pursue both financial sustainability and social impact, leveraging market mechanisms, partnerships, and technology to address issues such as poverty, inequality, environmental degradation, healthcare access, education, and empowerment. Social entrepreneurship fosters a culture of innovation, collaboration, and social responsibility, driving systemic change and advancing the global sustainable development agenda.