1. 5 concepts
1)Without at least one of these private values, namely as financial, reputational and ethical residual values, there is no such thing as entrepreneurship.
2)It is important to acknowledge the fundamental basis of a reliable quality service of entrepreneurs play an important role in creating sustainable social values. For example, the activities of Ben & Jerry’s and Tata Group ability to create social value.
3) Social entrepreneurs create both private value through provision of goods and services, and social value by improving the efficiency of markets and the governance systems capability, transparency and accountability of the governments, or non-market institutions.
4)Entrepreneurs can do much more to create social value than direct profit in the service of society. For example , the Amazon Conservation Team helps the indigenous people maintaining their cultural heritage.
5) Social entrepreneurs aim to create social value “means” to generate new, disruptive models for organizing human activity, in solving social problems and creatively fulfilling a social need. example producing maximum utility and values to the society