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Social entrepreneurship, bridging public, private, and nonprofit sectors, offers innovative, financially sustainable solutions to societal issues. With significant growth in recent years, it garners attention from various stakeholders. This chapter introduces government officials to the potential collaboration between government and social entrepreneurs, leveraging resources for transformative solutions. It addresses the definition of social entrepreneurship, its benefits to government and society, and current government support. Social entrepreneurship, akin to small business entrepreneurship, fosters innovation and economic growth while addressing market failures. Collaboration between social entrepreneurs and government presents an untapped opportunity to tackle pressing social challenges effectively and efficiently.
Author: Andrew, M. Wolk
