A thorough investigation of the four essential parts of the social entrepreneurship process. These are: the role of values in social entrepreneurship; the discovery and exploitation of social opportunities; the modelling of the social venturing process; and strategic perspectives in social entrepreneurship. Such a focus allows the debate about social entrepreneurship to move beyond the general discussion about definitions, emerging general theories and first empirical insights. Instead it singles out here four phenomena that are considered to be both insufficiently researched and critical to the understanding of social entrepreneurship.