Social Entrepreneurship: There is, as of yet, no uniform language and understanding around the idea of social enterprise. Many definitions exist and a wide variety of organisational forms are adopted by social enterprises around the world.
This makes it difficult to establish international comparisons. The Organisation for Economic Co-operation and Development (OECD) defines social enterprises as “any private activity conducted in the public interest, organised with an entrepreneurial strategy, but whose main purpose is not the maximization of profit but the attainment of certain economic and social goals, and which has the capacity for bringing innovative solutions to the problems of social exclusion and unemployment” (OECD, 1999).
Social exclusion is a multi-faceted phenomenon which not only refers to exclusion from the labor market, but also to the risk of exclusion arising from other challenges such as health, demographic change, mobility, food security, poverty and low levels of education.
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