True Essence of (Social) Entrepreneurship

This is certainly one of the best definitions of entrepreneurship as well as social entrepreneurship that I have come across, clearly making a distinction between the two terms:

In its true essence, entrepreneurship is all about innovation and impact. Entrepreneurs are often highly-driven individuals who have a deep passion to realize their ideas and solutions. They are very effective at recognizing opportunities, mobilizing resources, managing risks, crafting compelling strategies, and building strong business models. The word ‘social’, placed before ‘entrepreneur’, merely denotes a shift in mission from traditional business entrepreneurs. Social entrepreneurs, in contrast, aim to create social impact innovatively while staying afloat in the marketplace.

This definition comes courtesy of the Youth Social Enterprise Initiative, that has created a guidebook (available for download below), to inspire young people to adopt creative ways of thinking in the face of global challenges.