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What is Positive Social Change

Handbook of Research on Nascent Entrepreneurship and Creating New Ventures
Process of transforming patterns of thought, behavior, social relationships, institutions, and social structure to generate beneficial outcomes for individuals, communities, organizations, society, and/or the environment beyond the benefits for the instigators of such transformations.
Published in Chapter:
Social Entrepreneurship and Related Concepts: The Path of Opportunity to Foster New Ventures
Cristina López-Cózar-Navarro (Universidad Politécnica de Madrid, Spain) and Tiziana Priede-Bergamini (Universidad Europea de Madrid, Spain)
DOI: 10.4018/978-1-7998-4826-4.ch013
In the past few decades, a new way of responding to social and environmental problems has emerge: the social entrepreneurship. It is presented as a special type of venture, in which the creation of social value prevails over the maximization of profits. Thus, the main objective of these types of ventures is to serve the community and to search for a positive social change. In this chapter, in addition to presenting the concept of social entrepreneurship and its various approaches within the so-called third sector and the emergent fourth sector, the main sources of funding that can be used by social entrepreneurs are also presented, especially business angels and crowdfunding, are detailed. New paradigms such as the collaborative economy and the circular economy are also addressed within social economy, highlighting the relationship with social entrepreneurship and the path of opportunity to foster new ventures in these fields.
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