Social Enterprise Models and Their Mission and Money Relationships

Abstract

Abstract The hallmark of social entrepreneurship is its ability to combine social interests with business practices to effect social change. Its hybrid world—part business–part social—has spawned a new breed of practitioner, the social entrepreneur, as well as a new brand of organization, the revenue earning social enterprise. Traditionally people think of not-for-profits as being responsible for creating social value and for-profits for creating economic value; social entrepreneurship brings these dichotomies together, marrying social interest and market mechanisms to create both social and economic value with a new type of institution.