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Mansfield University Home Page > Entrepreneurial Leadership Home Page > Myths and FAQ

What is Entrepreneurship?

Entrepreneurship is the process of organizing resources to address a need or pursue an opportunity, and assuming the risk for the enterprise.  The process is often innovative and can create great wealth.

What is Social Entrepreneurship?

Social Entrepreneurship is the process of using entrepreneurial principles to create a venture to make social change.  Creating solutions to social issues can take the form of for-profit or not-for-profit ventures.

For more information visit the "Schwab Foundation" website, and check out the "Skoll Foundation" web site.

To see a brief social entrepreneurship story, read the Rebecca Bair story.

What is Sustainable Entrepreneurship?

Sustainable entrepreneurship is the application of entrepreneurial principles to address challenges in the environment as well as clean and renewable energy. Creating sustainable solutions to environmental and energy issues are good for society and can be profitable as well.

A new trend in sustainable entrepreneurship is to use the "triple bottom line" system of accountability.  To read more, check out the article in the Economist magazine: "Idea: Triple Bottom Line".

Entrepreneurship Myths  

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