Introduction: Social Entrepreneurship in Context

Ambica Medine () and Indianna Minto-Coy
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Ambica Medine: College of Sciences, Technologies and Applied Arts of Trinidad and Tobago
Indianna Minto-Coy: University of the West Indies (UWI)

Chapter Chapter 1 in Social Entrepreneurship Strategies and Social Sector Sustainability, 2023, pp 1-26 from Springer

Abstract: Abstract This maiden chapter introduces the book’s central themes, establishing context, rationale, and structure. It introduces the fundamental concepts of social entrepreneurship [SE], tracing the intellectual and conceptual roots by leveraging theories and concepts associated with entrepreneurship and business management, concluding that social entrepreneurship is entrepreneurship in the social sector. Demonstrating the functional similarities between a business and a nonprofit organisation [NPO], the chapter supports the advocated position that SE is entrepreneurial and business-like actions supported by earned income, enabling NPOs’ operational sustainability while creating social value. Emphasising entrepreneurship concepts distinguishes social entrepreneurs from social workers who also operate in the social sector. Recognising the limitation of developing countries, particularly small islands like the Caribbean, it explores the relevance of SE concepts in a developing context.

Keywords: Business; Social entrepreneurship; Management; Social sector; Nonprofit organisations; Developing countries (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-18533-5_1

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DOI: 10.1007/978-3-031-18533-5_1

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