This article provides a comparative analysis between the technocratic model of entrepreneurship, based on the homo oeconomicus concept, and alternative models, based on the homo donator concept: i.e., between a personalistic model of entrepreneurship and a social model of entrepreneurship. A special focus is then put on the Indian model of social entrepreneurship. The main theme of the analysis is to search for an answer to the research question: which concept of entrepreneurship and management best serves the human being and helps in his or her development?