Role of Supporting Structure and Government Regulations in Creating the Ecosystem for Social Enterprises: The Case of Bangalore

Subbulakshmi Somu

Chapter 2 in Business and Society:Issues and Cases in the Indian Context, 2024, pp 55-71 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The fast-phased, multi-cultural, tech hub Bangalore accounts for the largest number of the country’s start-ups and the recent study reveals that many of these are having social liability and account for the consistent increase in the number of social enterprises compared to other parts in the country. The existence of the social entrepreneurial ecosystem is the main reason for uplifting the status of Bangalore to the start-up capital of India. Social enterprises are businesses where the surpluses are reinvested for the benefit of society rather than profit maximization. This study focuses on two main components of the entrepreneurial ecosystem in Bangalore, i.e., supporting structure and government regulations, which help social enterprises to multiply in this city. Secondary data from various sources are used for this study. The study reveals that Bangalore’s favorable ecosystem such as funding, training, incubation centers and strong government interventions makes it possible for social enterprises to start, grow and nourish.

Keywords: India; Indian Business And Management; Corporate Social Responsibility; CSR; Industrial Symbiosis; Circular Economy; Industrial Symbiosis; Social Entrepreneurship; Sustainability; Innovation; Indian Diaspora (search for similar items in EconPapers)
JEL-codes: L26 M1 M14 M16 (search for similar items in EconPapers)
Date: 2024
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