• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Social Enterprise

Social enterprise—which is also called social venturing, social innovation, social entrepreneurship, and blended enterprise—is a recent development in which organizations seek to meet urgent social needs while operating as a business. Social enterprises are businesses with the distinguishing feature of having a mission of providing social welfare services for people who are disadvantaged or otherwise excluded. Businesses that provide some significant benefit for the whole of society, in such areas as the arts, the environment, or community development, may also be considered social enterprises.

Defining Social Enterprise

Social enterprise organizations seek innovative means of providing critical social benefits in a market for disadvantaged or excluded people who cannot afford them or lack access for other reasons. Social benefits are services that meet basic human needs in employment, ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles