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2023 | OriginalPaper | Chapter

1. Introduction: Social Entrepreneurship in Context

Authors : Ambica Medine, Indianna Minto-Coy

Published in: Social Entrepreneurship Strategies and Social Sector Sustainability

Publisher: Springer International Publishing

Abstract

This maiden chapter introduces the book’s central themes, establishing context, rationale, and structure. It introduces the fundamental concepts of social entrepreneurship [SE], tracing the intellectual and conceptual roots by leveraging theories and concepts associated with entrepreneurship and business management, concluding that social entrepreneurship is entrepreneurship in the social sector. Demonstrating the functional similarities between a business and a nonprofit organisation [NPO], the chapter supports the advocated position that SE is entrepreneurial and business-like actions supported by earned income, enabling NPOs’ operational sustainability while creating social value. Emphasising entrepreneurship concepts distinguishes social entrepreneurs from social workers who also operate in the social sector. Recognising the limitation of developing countries, particularly small islands like the Caribbean, it explores the relevance of SE concepts in a developing context.

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Title: Introduction: Social Entrepreneurship in Context
Authors: Ambica Medine
Indianna Minto-Coy
Publisher: Springer International Publishing
Book: Social Entrepreneurship Strategies and Social Sector Sustainability
Print ISBN: 978-3-031-18532-8

Electronic ISBN: 978-3-031-18533-5

Copyright Year: 2023
DOI: https://doi.org/10.1007/978-3-031-18533-5_1