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The concept of social entrepreneurship is applied when dealing with social, economic and environmental issues in society. The idea began to be expanded in the 1980s on both sides of the Atlantic. From a geographical perspective, it is divided into American and European schools of thought. Authors from European business schools (e.g. Mair & Marti, 2006; Nicholls, 2006) contribute to the discussion and rely on the concept of social entrepreneurship from the point of view of the American school of thought while supplementing it with a European background (Defourny & Nyssens, 2012).
According to Nicholls (2006), social entrepreneurship can be considered everything from volunteer activism, which is founded upon voluntary resources, to entrepreneurial social innovations that are characterized by risk capital focused on a social mission. These various models can include different types of non-profit organizations, which range from those fully financed by grants to those that are fully self-financed. According to Dees (1998), social entrepreneurship describes a set of exceptional behaviors that should be supported and rewarded.
Among others, the non-profit organization TESSEA ČR also lists its own definition of social entrepreneurship as “entrepreneurial activities benefitting society and the environment. Social entrepreneurship plays an important role in local development and often creates work opportunities for individuals with health, social or cultural disadvantages. The profit is largely used for the further development of the social enterprise. Achieving profit is just as important for a social enterprise as is improving the benefit to the public.” (TESSEA, 2022).
