A Paper On The Success Of Social Entrepreneurship In India

This paper will discuss about the various opportunities and challenges before the social entrepreneurs in India. Social Entrepreneurship has the direct and primary objective of serving the society along with the earning profits. So, social entrepreneurship is different from the economic entrepreneurship as its basic objective is not to earn profits but for providing innovative solutions to meet the society needs which are not taken care by majority of the entrepreneurs as they are in the business for profit making as a sole objective. So, the Social Entrepreneurs have the huge growth potential particularly in the developing countries like India where we have huge societal disparities in terms of the financial positions of the population. Still 22 percent of the Indian population is below the poverty line and also there is disparity among the rural & urban population in terms of families living under BPL. 25.7 percent of the rural population & 13.7 percent of the urban population is under BPL which clearly shows the disparity of the poor people in the rural and urban areas.

REFERENCES

[1] Christie, M. J., & Honig, B. (2006), Social Entrepreneurship: New Research Findings, Journal of World Business, Volume 44, pp 1‐5.
[2] Frumkin, P. (2002), Social Entrepreneurship On Being Nonprofits, Cambridge, Mass.: Harvard University Press, pp 129‐162.
[3] Chakraborty, S. K. (1987), “Managerial Effectiveness and Quality of Work life: Indian Insights. New Delhi, Tata McGraw-Hill Publishing Co. Limited.
[4] Dey, P., & Steyaert, C. (2010), “The Politics of Narrating Social Entrepreneurship” , Journal of Enterprising Communities: People & Places in the Global Economy, Volume 4, Issue 1, pp 85-108. doi 10.1108/17506201011029528
[5] Giddens, A. (1979), Central Problems in Social Theory. Berkeley, CA: University of California Press.
[6] Khanapuri, V., & Khandelwal, M. (2011), “Scope for Fair Trade and Social Entrepreneurship in India”, Business Strategy Series, Volume 12, Issue 4, pp 209-215.
[7] Pomerantz, M. (2003), “The Business of Social Entrepreneurship in a Down Economics”, In Business, Volume 25, Issue 3, pp 25-30.
[8] Zahra, S. A., Gedajlovic, E., Neubaum, D. O., & Shulman, J. M. (2009), “A Typology of Social Entrepreneurs: Motives, Search Processes and Ethical Challenges”, Journal of Business Venturing, Volume 24, Issue 5, pp 519-532.