What is entrepreneurship?

The question seems straightforward, however, terms like "entrepreneurship" are elastic. According to Harvard's Tom Eisenmann: "For some, it refers to venture capital-backed startups and their kin; for others, to any small business. For some, 'corporate entrepreneurship' is a rallying cry; for others, an oxymoron." (source)

A social entrepreneur is a person who pursues novel applications that have the potential to solve community-based problems. These individuals are willing to take on the risk and effort to create positive changes in society through their initiatives. (source)

A social enterprise or social business is defined as a business with specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment, and the profits are principally used to fund social programs. Social entrepreneurs seek innovative ways to drive change, whereas social enterprises form to fulfill a business purpose and solve societal needs through their commercial activities.(source)

Explore the resources below to learn more about how different experts define and frame entrepreneurship.