This paper devoted to the essence and characteristics of social entrepreneurship as a new global phenomenon, the policy objectives behind social entrepreneurship programmes and their impact on long-term policy decisions, including in the cultural sector.
Is social entrepreneurship one of the possible responses to the growing uncertainty in the global economy? Is the benefit of social entrepreneurship embedded in its unique nature to operate in areas' where both the market mechanisms and the government-based support structures for allocating resources and power have failed? Are social entrepreneurs ordinary or extraordinary people, inventors or enthusiasts? How could they pursue social goals, starting with limited resources and supported by the power of global networking and partnership? What models of social entrepreneurship could be applicable for the cultural sector to compensate for fewer resources and the ongoing financial instability?