Key concept 2: Tata Group was one of the world’s first and most successful social entrepreneurs that produce steel and chemicals to hotels and tea. Before anyone express the term corporate social responsibility, Tata built a mission of business as creating both profit and social value. Tata group quoted by saying “In a free enterprise, the community is not just another stakeholder in business, but is in fact the very purpose of its existence.” Tata group not only have industrial entities, but also provide the value to social through establish the public service institutions, including the Tata Cancer Hospitals, Tata Institute of Social Sciences, Tata Trusts, and the Indian Institute of Science in Bangalore. This key concept can be concluded as Entrepreneurial value creation and corporate value creation is the same term.