Differentiate between social entrepreneurship and cultural entrepreneurship as rare types of entrepreneurships?


Question: Differentiate between social entrepreneurship and cultural entrepreneurship as rare types of entrepreneurships?

Social entrepreneurship and cultural entrepreneurship are both innovative approaches to social change, but they have some key differences. According to Stanford Social Innovation Review (SSIR), social entrepreneurship is focused on solving problems by disrupting existing systems for social benefit, such as microfinance or solar powered lights. Cultural entrepreneurship, on the other hand, is focused on reimagining social roles and motivating new behaviors, often working with and in popular culture to reach the widest possible audience, such as the "I Am Troy Davis" meme or the "SlutWalk" movement.  


Both types of entrepreneurship are rare and valuable, but they require different skills and strategies. Social entrepreneurs need to understand the root causes of social problems, design effective solutions, measure their impact, and scale their models. Cultural entrepreneurs need to understand the power of narratives, emotions, and identities, craft compelling messages, leverage new media tools, and mobilize communities. 


While social entrepreneurship and cultural entrepreneurship are distinct, they can also complement each other. Some entrepreneurs address both the existing systems and the belief systems to bring social benefit and change for the better. Examples include Girls Not Brides: Global Partnership to End Child Marriage or The Daily Show with Jon Stewart.

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