Comparative Study of definition and principles between Social Enterprises and Community-based Enterprise

Abstract

Social Enterprises and Community-based Enterprise as often misunderstood by the public as the same. For understanding the differences between these two concepts, this article aims to illustrate different issues between the two such as meaning and principles It’s provide some concept examples of Social Enterprises and Community-based enterprises in Thailand. Social enterprise is a social innovation embarking business models and strategies with an aim to solve social problems, to create economic prosperity, social development, and to save the environment at the same time. Rather, Community-based Enterprise is about to promote local wisdom in order to generate income, to develop a management service model enabling local people to be self-reliant, and strengthen the community economy, also, to build competitiveness in order to drive Community-based Enterprise to become Community’s entrepreneurs in the future. Therefore, developing a Community-based Enterprise to be a Social Enterprises will be an important guideline for sustainable development in the future.