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The article offers information on the history of entrepreneurship in the U.S., which was established in the late 19th century through the increase in income and mobility of individuals. The term entrepreneur attracted many individuals who were drawn to its references of independence, wealth and freedom. Moreover, it notes that professor Joseph Schumpeter's philosophy is grounded from the understanding that innovation develops from entrepreneurship.

The field of social entrepreneurship is gathering considerable interest in academia and the popular press alike. In this paper, the authors will highlight the potential impact of cloud computing on social entrepreneurship. Cloud computing is also acquiring more attention as it allows social enterprises to better focus on their core business and to realize cost and time savings. The transformative power of cloud computing is being utilized today by social enterprises and it is changing business models, cost models, and data centers, as it holds tremendous implications for social entrepreneurship as it pertains to financial performance. [ABSTRACT FROM AUTHOR]