No, entrepreneurship exists in large corporations as well as non-profit institutions. Many profitable entrepreneurial opportunities exist in large organizations because successful companies focus on the development and innovation of products and services. In many companies, innovative new products and services are the basis for creating new ventures that spin off into separate entrepreneurial entities. Many students will likely be exposed to entrepreneurial opportunities in large firms over the course of their corporate or professional service careers.
Social entrepreneurship involves not-for-profit firms, including many educational, social services and arts organizations. Tight resource constraints mean that social entrepreneurship poses a challenge for even the best management talent, and students interested in careers in not-for-profit management would benefit from significant exposure to entrepreneurial management. Over the course of their careers, many students will participate in social entrepreneurship as business or financial consultants or as volunteers or as members of boards of directors of these organizations.
