Social entrepreneurship: a roadmap to reach out poverty
Abdul Jalil, Ramli
Sohel Rana, S. M.
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Social entrepreneurship is the catalytic behaviour of social benefit organizations that engender value and change in the sector, community, and industry through the combination of innovation, risk-taking and reactiveness. It has attracted growing interest from policymakers, young people, entrepreneurs, funders, and established businesses. Significant advances have been seen in the practice of social entrepreneurship without a commensurate surge in the literature on the theory underlying the practice. The increased attention on the practice has revealed a significant lack of cohesion in the area of social entrepreneurship which has resulted in a stifling of the academic research devoted to the social sector. As the demand and interest in social entrepreneurship increases, it requires a comprehensive understanding of what social entrepreneurship really is. Therefore, this paper tries to provide an in depth discussion on the meaning, purpose, scope and the socio economic effects of social entrepreneurship.