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Jakarta Post

More firms involved in social entrepreneurship: Experts

  • The Jakarta Post

Jakarta   /   Sat, May 19 2012   /  09:30 am

Social entrepreneurship is key in dealing with growing social problems in Indonesia, where a widening social gap within the growing middle-class is becoming increasingly obvious, experts say.

Sandiaga Uno, a prominent businessman and founder of Indonesian Social Entrepreneur Association (AKSI), said that in order to help cope with social problems, it would be important for entrepreneurs to incorporate business models that are both socially responsible and economically viable.

According to him, there is now a growing number of companies and individuals involved in social entrepreneurship, a business concept that recognizes a social problem and uses entrepreneurial principles to help society and at the same time make a profit.

However, they still face many challenges as they often find difficulties in enhancing and expanding their business, said Sandiaga, adding that 8...