​Terms about Social Innovation and Entrepreneurship

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• Social Entrepreneurship & Innovation

  • "Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems […] They are both visionaries and ultimate realists, concerned with the practical implementation of their vision above all else." ashoka.org​

• B-Corp​

  • "B Corp is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk."bcorporation.net​​

• Entrepreneur

  • "The entrepreneur is characterised principally by innovative behaviour and will employ strategic management practices in the business."​​

• Changemaker

  •  "A term coined by the social entrepreneurship organization, Ashoka, meaning one who desires change in the world and, by gathering knowledge and resources, makes that change happen." ashoka.org & changemakerorbs.wordpress.com

• Nonprofit

  • "The difference between nonprofit and for-profit organizations is that nonprofits use their profits to advance their programs, while for-profits distribute their profits to their owners or stockholders." snpo.org​​

• For-Profit

  • "A business or other organization whose primary goal is making money (a profit), as opposed to a non profit organization which focuses a goal such as helping the community and is concerned with money only as much as necessary to keep the organization operating." businessdictionary.com​