Social Entrepreneurship: Distinct Dimensions Leading to Inclusive Growth and Sustainable Development

Kumar Mukul (), V. Padmaja (), S. Jayadatta and V. Srinija
Additional contact information
Kumar Mukul: Jain Deemed-To-Be University
V. Padmaja: M. S. Ramaiah Institute of Management
S. Jayadatta: KLE Society’s IMSR, BVB CET Campus
V. Srinija: Sri Sathya Sai Institute of Higher Learning

A chapter in Social Enterprise Values and Processes, 2024, pp 25-59 from Springer

Abstract: Abstract This chapter explores the pivotal role played by social entrepreneurship in catalyzing more inclusive, comprehensive, and sustainable development. It also explores ways in which social entrepreneurs are creating a pathway leading to sustainable and inclusive growth of the economy, especially in a very challenging milieu of the COVID-19 pandemic. The present study, based on an extensive literature review and discussion on emergent themes from the previous studies, puts forth a conceptual framework incorporating the crucial dimensions of social entrepreneurship, alongside micro- and macro-level factors that contribute to fostering inclusive growth and sustainable development. It is argued that social entrepreneurs, armed with innovation, a resolute social mission, viable and scalable business models, and other distinctive attributes such as empathy and leadership, have the potential to introduce fresh solutions to enduring socio-economic challenges. They offer sustainable pathways to wealth generation, ultimately elevating overall living standards for all. This study underscores the transformative potential of social entrepreneurship, emphasizing its capacity to address deep-rooted disparities and facilitate a more equitable and prosperous society.

Keywords: Social entrepreneurship; Inclusive growth; Social value creation; Sustainability; Sustainable development (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-97-3252-4_2

Ordering information: This item can be ordered from
http://www.springer.com/9789819732524

DOI: 10.1007/978-981-97-3252-4_2

Access Statistics for this chapter

More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().