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| Format: | Recurso digital |
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Zenodo
2025
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| Online Access: | https://doi.org/10.5281/zenodo.15618103 |
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Table of Contents:
- <p>Social entrepreneurship has become the buzz word in India and around the world. People have found<br>this concept of philanthropy a bit intriguing in nature. It has the best mixture of social service and<br>entrepreneurship; this combination makes it most attractive and so unique in nature. Usually<br>entrepreneurship is related to economic activities and being ruthlessly profit making and ignoring social<br>benefits or societal wellbeing. In the present era of heavy industrialization and economic growth,<br>societal gains have taken back seat or even out of the sight all around the world, including India, with<br>the concept of social entrepreneurship rising in India and around the world has helped in serving the<br>society in more meaningful manner than ever before along with living the spirit of entrepreneurship with<br>its fullest. Social entrepreneurship is not a newer concept but the positioning of the concept has risen to<br>new heights in recent times. As government of India has made CSR a more realistic responsibility than a<br>mere formality, corporates are now looking for their grater roles in helping the society in a way that is<br>both economically and socially beneficial. As the definition of social entrepreneurship itself clarifies<br>that its fine combination of entrepreneurship and societal gains. In recent times, the concept has taken<br>new identities and shapes, and has been accepted among wider areas. Some of the prominent<br>organizations in India has accepted this form of doing business and shaped the society in a very positive<br>manner. This is the objective of social entrepreneurship that entrepreneurs are now more responsible for<br>society and its well-being than earning profits only. This concept also addresses social need and social<br>innovations in its totality, in the opinion of experts; social entrepreneurship is nothing but identification<br>of social need and addressing that need with a unique social innovation. This is where the social and<br>economic entrepreneurship differentiate with each other, economic entrepreneurship focuses on<br>economic need, on the other hands, social entrepreneurship focuses on social needs. This paper is a<br>detailed study on variety of topics related to social entrepreneurship, including the conceptual<br>framework and process of social entrepreneurship. This research paper also includes the various<br>challenges faced by social entrepreneurs and puts forwards its recommendations to improve the overall<br>situation of social entrepreneurship/entrepreneurs in India. Research paper further discusses similarity<br>and contrast between social and economic entrepreneurship along with explaining the traits for a social<br>entrepreneur. The paper also explains the concepts like social needs and social innovations from<br>entrepreneurship’s point of view. Social entrepreneurship has increased its scope and importance in recent years, this paper also includes both areas as well. At last, how social entrepreneurship can change<br>or impact on the social setup and social fibre in India and other developed nations specifically at the<br>bottom of the pyramid level is also underlined in this research paper.</p>