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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

The Intersection between Strategic Management and Roles of Entrepreneurship: Social Entrepreneur

Lovina Yogarajan

http://dx.doi.org/10.6007/IJARBSS/v9-i6/5960

Open access

A social entrepreneur is originated from the interaction between strategic management and the role of entrepreneurship, which is referring to the process of building or launching a potential institution to advance solutions to community-based problems. Referring to Bomstein (2004), social entrepreneurs are people with new ideas to address major problems who are relentless in the pursuit of their visions, people who simply will not take “no” for an answer, who will not give up until they have spread their ideas as far as they possibly can. Through all those initiatives, a positive change is developed within social concerns such as wealth creation, a standard of living, community development and environmental destruction. Therefore, entrepreneurs really need to pull their legs in order to conquer societies concerns and apply an effective way to overcome all those circumstances. This concept mainly leads to a positive improvement in society and create a better ‘tomorrow' for the community. In this study, a social entrepreneur which is an intersection of an entrepreneur and society is analysed.