Social entrepreneurship is an innovative way of solving social, cultural, environmental and economic problems of society in an entrepreneurial way. In this they follow the values of creating well-being of the entire community, integration, solidarity, democratic principles and the growth of social capital. Social entrepreneurship can provide positive effects for all involved, as a profit is not in their first place. In the theoretical part, I will first define the concept of social economy and social entrepreneurship. I reviewed the research on social entrepreneurship in the European Union. I will focused on the case of the Republic of Austria, which is one of the most innovative environment for the development of social entrepreneurship i...