A Theoretical Study of Social Entrepreneurship

Abstract

This is a theoretical study of social entrepreneurship. It starts by reviewing briefly entrepreneurial approaches such as traits and process ones at first and the impact of gender and culture later. Then it picks up social entrepreneur definition as such; 'a legal person is a social entrepreneur from t1 to t2 just in case that person attempts from t1 to t2 to make profit for society or a segment of it by innovation at the face of risk, in a way which involves that society or segment of it.' Moreover it discusses capability model based on internal capability or human capital and external conditions such as natural, social, physical and financial capitals. The next issue is stream model which explores social activists' role to open windows of opportunity facing social entrepreneurship. In the last part a case study is reviewed to discuss the topic more objectively.