In Taiwan, when the company is in it for money, a business, we call it a 企業. But when a company is in it for also the purpose, we call it 事業. So, it’s two different words, actually. Of course, when you’re in it for charity, for a purpose only ends with no profit motivation, sometimes we call it 志業, right? So, there’s a spectrum of entirely for profits and with no specific purpose, only the minimal ESG responsibility, and all the way to charities which is purpose only, with no profit motive. But, more and more, the idea of social entrepreneurship and innovation with the social sector, not just for the society, with the society, gains trend, I believe, not just in Taiwan, in Japan, across the world as well, especially because of the pandemic and the climate crisis.

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