Article : An Introduction To Commercial Entrepreneur & Social Entrepreneur And Their Role In An Economy

Title

An Introduction To Commercial Entrepreneur & Social Entrepreneur And Their Role In An Economy

Author

Renu, Anchal Aggarwal

Entrepreneur is one who is involved in gathering and using resources to make use of opportunities to produce the products. Entrepreneurs have a strong desire to be their own boss and they work for their own gain. Their main objective is to do business for their personal gain (profit). These types of entrepreneurs are known as commercial entrepreneurs.  But other type of entrepreneurs is also there who never overlook social problems and work for the society to solve the social problems. Their main objective is to use their skills to solve a social problem which is not solved either by the government and other business organizations. This study examines the role of commercial and social entrepreneurs in an economy. The objectives of this study is to make commercial and social entrepreneurship as clear as possible, to review the studies conducted and results suggested in the area of commercial and social entrepreneurship, to give recommendations and suggestions drawn there from. It was observed that commercial entrepreneurs act as the change agents for the business and social entrepreneurs act as the change agents for the society. So both play an important role in an economy and both are important for the economy. An economy cannot be a developed economy if only either commercial entrepreneur or social entrepreneurs are there. Both should exist in an economy.

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