ABSTRACT
After studying this chapter you will be able to
understand and discuss key elements of our definition of social entrepreneurship
understand and discuss the process of social entrepreneurship, including 1) opportunity identification, 2) acquisition of resources, 3) exploitation of resources, and 4) evaluation and feedback
understand and discuss innovative practices in social entrepreneurship that contribute to success, including 1) a trend toward blended value, 2) stakeholder engagement and involvement, 3) innovative business models, and 4) creative approaches to restructuring the value chain
understand the role of context and its impact on opportunity identification, resource acquisition and exploitation, and strategies for achieving sustainability and scale
discuss and provide examples of the ways in which social ventures serve as “agents of change”