Social Entrepreneurship is an emerging field of inquiry and therefore there is no one preferred definition. Definitions of this type of entrepreneurship generally include that it is a type of business where not only is profit valued, but also creating a positive social impact. Characteristics of social entrepreneurship Social entrepreneurship is innovative, social value-creating activity Unique solution to a social problem Huge social impact crossing regions and national borders Replicable and sustainable It occurs within or across the non-profit, business and public sectors Dynamic process created and managed by an individual Strives to exploit social innovation with an entrepreneurial mindset Create new social value in the market and community.