Social entrepreneurship is all about the effective application of entrepreneur skills and involvement of people at the grassroot level to address the social challenges. It exhibits the change in economic and social status of common people by unifying the business principles with social ventures.
Social entrepreneurs fill the space left by the social and economic disparities. In many countries-particularly in Europe and South America – they have tended to work with more closely with public organizations at both the national and local level.
The chief merit of social entrepreneurship is that it neither needs a large capital nor intensive labour. But social entrepreneurs play a vital role in the developing and underdeveloped countries. The burning example is that of a contemporary great social entrepreneur Mohammad Younus, founder and manager of Gramin Bank in Bangladesh. He founded the Bank to help the common people socially and economically. It is a growing family of social venture business.
Youth social entrepreneurship is another vital increasingly common approach to engaging youth voice in solving social problems. Youth organizations and programs promote these efforts through a variety of incentives to young people.
No comments:
Post a Comment