FOSTERING SUSTAINABLE SOCIAL DEVELOPMENT THROUGH SOCIAL ENTREPRENEURSHIP: IMPLEMENTING SOCIAL INNOVATION INITIATIVES FOR TRANSFORMATION

Maruf Mohammad Sirajum Monir () and Alula Nerea Geberemeskel ()
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Maruf Mohammad Sirajum Monir: Bucharest University of Economic Studies, Bucharest, Romania
Alula Nerea Geberemeskel: Bucharest University of Economic Studies, Bucharest, Romania

APPLIED RESEARCH IN ADMINISTRATIVE SCIENCES, 2024, vol. 5, issue 2, 43-55

Abstract: Through the launch of social innovation projects with the potential to bring about revolutionary change, this study explores the critical function of social entrepreneurship in promoting long-term societal progress. This study set out to do one main thing: shed light on how social innovation fits into entrepreneurial endeavours with a social mission in order to attain long-term social development. Quantitative research was carried out in India through an online survey to examine the proposed links. Organisations across India that are involved in social entrepreneurship and social enterprises were surveyed for this data. The link between social entrepreneurship and long-term social progress can be mediated by social innovation, according to the research. Social innovation in social entrepreneurship projects has a major impact on long-term social progress, according to the research. Government agencies, lawmakers, philanthropists, social entrepreneurs, educators with an entrepreneurial spirit, and Non-Governmental Organizations (NGOs) can all benefit from these discoveries. Policymakers, practitioners, and academics can benefit from this research because it sheds light on the mediating elements and pathways that allow social entrepreneurship to promote transformative social change. This research is important for sustainable development efforts.

Keywords: Sustainable social development (SSD); Social entrepreneurship (SE); Social innovation (SI); Non-Governmental Organizations; Social entrepreneurial initiatives; Social enterprises. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:rom:arasju:v:5:y:2024:i:2:p:43-55

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