Social Entrepreneurship In India Research Articles

Relevance and Importance of Social Entrepreneurship in India: A Survey based Analysis

An ideal society is one in which both problems and solutions coexist. Without efforts made by every industry on which a society stands, such problems cannot be implemented. One such industry is the social entrepreneurship industry. This practice uses business strategies and innovative approaches to address social problems and create positive change in communities. The social entrepreneurship industry has the potential to bring about significant change in society by tackling social problems with a business mindset. It can create a sustainable impact and help build a better future for everyone. In India, social entrepreneurship has become increasingly relevant and important in recent years. With a population of over 1.3 billion, India faces a range of complex challenges acting like a menace to the society, including poverty, inequality, pollution, climate change, and access to basic services like healthcare and education. Social entrepreneurs in India are therefore working to tackle these issues by developing innovative solutions that address the root causes of these problems. This paper aims to review the relevance and importance of social entrepreneurship in India.

Go Green Textiles: A Case of Social Entrepreneurship in India

This case outlines the journey of this new-age young social entrepreneur, Akhilesh Taparia, whose mantra has been social welfare coupled with organisational success. The case traces how he fought against all odds to take his enterprise to greater heights and deliberates around these questions: What did he do to achieve success in such a short period of time? What was his thought process? How did he grow? What were the main elements of his strategy to have a sustainable enterprise? What were his main hurdles? The case attempts to identify the challenges of social entrepreneurs in emerging economies like India, especially when the required resources are not easily available. Being an entrepreneur and resolving problems can be tough but being in the social space can be even more hard. Nonetheless at a time when the textile industry was caught amongst stiff competition, Go Green created a niche for itself as a textile supplier of organic fabrics. A personal interview of Akhilesh Taparia and a personal visit to his factory gave the authors a complete understanding of the manufacturing and packing process. The primary objective of this case is to understand concepts related to social entrepreneurship and deliberate upon Taparia’s entrepreneurial characteristics, motivations, expertise and effectiveness, and how these supported his company’s growth.

Social Entrepreneurship In India – A Study

Social Entrepreneurship In India – A Study

Social entrepreneurship in India has one of the most diverse ecosystems, with numerous opportunities.

Social entrepreneurship in India has one of the most diverse ecosystems, with numerous opportunities.

A Funding Model of Social Entrepreneurship in India

Social values in human beings motivated them to become social entrepreneurs. Success or failure is merely a myth for social entrepreneurship pursuits as just initiating any step for the benefit of the society is a reflection of the successful moves taken by entrepreneurs. The only thing that matters is how long social entrepreneurship survives, and it depends upon the amount of social capital available to social entrepreneurship. There must be some specific sources of funding that can boost social entrepreneurs to carry out the activities for uplifting society as well as the country. This article deals with the effective framework of funding to social entrepreneurship in the Indian context.

Exploring the aspects of Social Entrepreneurship during Covid 19 Pandemic in India

Social entrepreneurship has social, cultural, educational and environmental goals. The primary objective of social entrepreneurship is not to earn profits but to provide innovative solutions to solve a variety of urgent social problems for welfare of the society. Efforts are made to provide information about the challenges and opportunities of social entrepreneurship in India. This paper also attempts to shed light on different successful social entrepreneurs along with their initiatives and contribution towards society during Covid 19. A literature review of secondary data resources is undertaken to get a clear idea about the different exploratory aspects of three prominent social enterprises during pandemic such as SELCO, Goonj and Narayana Health. Social entrepreneurs experienced some critical issues during Covid 19 such as dearth of a viable business plan, Lack of funds, qualified manpower, limited to definite geographies etc. are few challenges before social entrepreneurs. There are opportunities of social entrepreneurship in terms of providing employment to rural people. So, they can explore, exploit and provide the products and services at affordable prices. Thus, generating employment opportunity which is significant for the overall development of the country.

Can social entrepreneurship help attain sustainable development goals: a study of India

This paper attempts to understand, analyse and interpret the role of social entrepreneurs towards sustainable development. The paper significantly contributes to the existing literature by evaluating the government's policy framework with respect to social entrepreneurship from the perspective of sustainable development goals (SDGs). The paper also discusses the origin and evolution of social entrepreneurship in India. The paper uses data from various government, non-government and international agency sources for attaining its research objectives. The paper concludes by recommending the policy inputs in respect of social entrepreneurship for ensuring sustainable development in synchronisation with the Sustainable Development Goals.

Can social entrepreneurship help attain sustainable development goals: a study of India

This paper attempts to understand, analyse and interpret the role of social entrepreneurs towards sustainable development. The paper significantly contributes to the existing literature by evaluating the government's policy framework with respect to social entrepreneurship from the perspective of sustainable development goals (SDGs). The paper also discusses the origin and evolution of social entrepreneurship in India. The paper uses data from various government, non-government and international agency sources for attaining its research objectives. The paper concludes by recommending the policy inputs in respect of social entrepreneurship for ensuring sustainable development in synchronisation with the Sustainable Development Goals.

Social Entrepreneurship: An Emerging Trend in India

Today in the era of sustainable development everybody is concern about the society. We take a lot from society. Now the questions arises what we are giving in return. This lead to emergence of social entrepreneurship. Social entrepreneurship is a term that is used to represent the whole picture of the process of social change on a larger and more impressive scale than a traditional non-governmental organization (NGO). It is very significant in the study of voluntary organizations, non-profit organization. Previously, organizations dealing with key social issues had to be idealistic, philanthropic with entrepreneurial traits. Social entrepreneurship in India is emerging mainly because the government is also very interested in its promotion, not only to finance or advice, but also to its licensing. After the compulsion of corporate social responsibility in Companies Act 2013, CSR in the private sector with clearly allocated funds and full-fledged action teams have played an important role in improving the image of social entrepreneurship. The purpose of the paper is to study the growing trends of social entrepreneurship in India and the new initiatives taken by various social entrepreneurs. It also provides a brief idea of the different theories of social entrepreneurship. Efforts are being made to provide information and an exploratory study of social business support activities and social entrepreneurship companies in India.

The critical success factors of social entrepreneurship in India: an empirical study

The critical success factors of social entrepreneurship in India: an empirical study

The critical success factors of social entrepreneurship in India: an empirical study

The paper describes the social entrepreneurship (S-ENT) critical success factors (CSFs) identified from a survey study carried out in India. The ranking analysis of the survey results shows that 28 factors are rated as critical for determining the S-ENT success of a social enterprise. Further, the factor analysis revealed that the identified CSFs can be grouped into seven clusters, namely leadership, social enterprise planning, community engagement, innovative financing, human capital, legal support, and social enterprise marketing. The outcome of the thesis provides pioneering insights through a structured framework for investigating the individual CSFs and their different levels of contribution to S-ENT success. The inventive knowledge generated out of the thesis work, can be specifically fruitful for practitioners and other stakeholders in identifying the areas of their social enterprise functioning that demand their utmost priority and attention, in identifying the skills and resources required for their venture success, in assessing their competitive advantage and in helping to setup evaluation mechanism of their ventures etc. The pioneering insights can also be utilised by academicians for theory building and further analysis in the field.

Social Entrepreneurship: Issues and Challenges

Social entrepreneurship (SE), the practice of responding to market failures with transformative, financially sustainable innovations aimed at solving social problems has emerged at the nexus of the public, private and non-profit sectors in India as well as across the world. It is a new breed of entrepreneurship that exhibits characteristics of non-profits, government and businesses-including applying to social problem-solving traditional, private sector entrepreneurship's focus on innovation, risk-taking and large-scale transformation. Although SE is not a new phenomenon, the field has experienced enormous growth over the past 15 years, receiving increasing recognition from journalists, philanthropists, researchers, and policymakers as an important and distinctive part of the nation's social, economic and political landscape. This paper attempts a critical examination of SE in India and the major issues and challenges faced by them.

Social Entrepreneurship in India- An Overview

Social Entrepreneurship in India- An Overview

A Policy Framework for Social Entrepreneurship in India

A Policy Framework for Social Entrepreneurship in India

Corporate social entrepreneurship in India

Purpose – The purpose of this paper is to analyze how corporations create social and economic value through corporate social entrepreneurial activities. Design/methodology/approach – This paper employs a multiple case study approach. The selected cases cover companies that have a clear corporate social enterprise model in operation and address different prevailing social problems. Findings – This study reveals that corporate social entrepreneurship (CSE) is driven by the environmental dynamics, organizational antecedents, and organizational outcomes. In addition, the authors found that CSE provides companies with both implicit and explicit strategic benefits. Based on the findings the authors propose an integrated model of CSE. Research limitations/implications – As all cases originate from India the authors cannot rule out the possibility that the conclusions are only valid for a certain institutional and socio-economical context. Practical implications – The developed model is useful for companies operating in complex environments in developing markets as it provides recommendations on how to strengthen social and public legitimacy and earn returns on their business investments. Moreover, the developed model helps companies operating in antagonistic environments with prevailing social problems to position themselves favorably. Social implications – The study attempts to legitimize the practice of CSE by highlighting the positive financial, social, and political outcomes. Originality/value – This study presents an integrated model of CSE in the Indian context and outlines how corporations can draw implicit and explicit benefits.

Successful social entrepreneurship in India: Does higher education matters?

Successful social entrepreneurship in India: Does higher education matters?

Social Entrepreneurship in India: An Exploratory Study

Social Entrepreneurship is an all-encompassing nomenclature, used for depicting the process of, bringing about social change on a major and impactful scale compared to a traditional Non-Governmental Organization (NGO). It is an increasingly important concept in the study of voluntary, non-profit and not-for -profit organizations. Earlier, organizations addressing key social issues were assumed to be idealistic, philanthropic with entrepreneurial skills. Social Entrepreneurship in India is emerging primarily because the government is very keen on its promotion, not necessarily by funding it or by advising on it but by enabling it. The Corporate Social Responsibility (CSR) of the private sector with clearly earmarked funds and full-fledged action teams have played an important role in sprucing up the image of Social Entrepreneurship. The focus of the paper is to study the growing trends of Social Entrepreneurship in India and the new initiatives taken by various Social Entrepreneurs. It also gives a brief idea of different Theories of Social Entrepreneurship. Efforts are made to provide information and an exploratory study, related to the support activities of Social Entrepreneurship and Social Entrepreneurial ventures in India. This may be beneficial in future empirical studies of the subject. Keywords: Entrepreneurship, Social Entrepreneurship, Social Entrepreneur, NGO, Corporate Social Responsibility, India.

Scoping Social Entrepreneurship in India: Organisation, Technology, and Collaboration

We explore emerging contexts of social entrepreneurship in India. Social entrepreneurship is emerging as an important option in poverty reduction and social change wherein organizing societal responses to scenarios like entrenched deprivation, cumulative disadvantages, long extant institutional lock-in, and vulnerabilities enmeshed in social stratification, hiatus emanating from segmentation of labour market and inadequate coverage of social protection form the core of strategies/collectives/organisation. In this paper, first, drawing cues from the literature, we outline basic typology of social entrepreneurship while delineating pivotal role technology and collaboration play in social entrepreneurship. Second, we provide a glimpse of not profit organisations in India, based on the secondary data. We juxtapose select patterns from the data on non profit organisations with human development. Third, we discuss select cases of social entrepreneurship that diverge in characteristics and contexts, in particular how these initiatives work towards poverty reduction and social development.

Social entrepreneurship and institutional environment in an emerging economy

Social entrepreneurship in India has progressed significantly over the last decade. Social entrepreneurs – those who bring an entrepreneurial approach to solving social problems – are a growing breed in India. There is a lack of studies related to social entrepreneurship in literature. Therefore, this study aims to investigate the association between the institutional environment and social entrepreneurial self-efficacy. Based on the existing literature and theories, we have first proposed a model, and then empirically tested it using the structural equation modelling technique. Data was collected using a structured questionnaire from a sample of 284 entrepreneurial students of Rajasthan based on quota sampling. Analysis resulted that regulatory, normative and cognitive environment positively influence the social entrepreneurial self-efficacy. Results suggested that financial assistance, social legitimacy and acknowledgement are the most important factors necessary to enhance the growth of social entrepreneurship in India. Training is vital to create a pool of social entrepreneurs.

The Prospect of Inclusive Financial Growth in the Context of Social Entrepreneurship in India

India has the world's second largest labour force of 516.3 million people and although over the past decade, hourly wage rates in India have more than doubled, the latest World Bank report states that approximately 350 million people in India currently live below the poverty line. With an estimated population of 1.2 billion people, this means that every third Indian is bereft of even basic necessities like nutrition, education and health care and many are still blighted by unemployment and illiteracy. Social Entrepreneurship is the process of bringing about social change on a major and more effective scale than a traditional Non-Governmental Organisation (NGO). They differ from NGOs in that they aim to make broad-based, long-term changes, instead of small scale and time-limited changes. Furthermore, a NGO raises funds through even activities and sometimes products. However, raising money takes time and energy, which could be spent in direct working and marketing processes. Above all, Social Entrepreneurs consider the affected people as part of the solution and not as passive beneficiaries. Many such activities are examined in this article for the purpose to understand the role of Social Entrepreneurship in developing inclusive financial growth in India.