Social Entrepreneurship: Balancing Profit and Purpose in Business Management

Although the companies’ field of work is related to the economics and the result of their activity has been manifested in this sector, searching, citing, and reducing the scope of their influence to the economic sector is simplistic. From Friedman's viewpoint, the social responsibility of companies is summed up in providing the society's demands through free economy, and any kind of charitable and humanitarian activities of companies that impose costs on the company are unacceptable. By ignoring the social, cultural, political, and ecological dimensions, these theories have caused instability and inequality in societies. An alternative approach to the economic entrepreneurship is social entrepreneurship in contrast to the economic and commercial entrepreneurship, where the goal is to achieve profit and individual benefits. The purpose of social entrepreneurship is to meet social needs, solve public issues, and fulfill social missions. The realization of social goals and missions requires the adoption of an investment and earning strategy, and by resorting to this strategy, we can expect to create and expand social values ​​and missions.

کلیدواژه ها:

Business Management ، Social entrepreneurship ، Company ، Economic Benefits ، Income Generation Approach