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Social Entrepreneurship - Prospects and Challenges
Subject area: Management and Commerce · Area of research: Commerce
Abstract
This paper is related with emerging trends of social entrepreneurship in developing countries like Indian and its future prospects and challenges. This paper shows lights on how development of social entrepreneurship can solve the problems of society which is ignored by commercial and Government enterprises. Social entrepreneur like is Muhammad Yunus, founder and manager of Grameen Bank has lead a new path in the development of social entrepreneurship in developing counties. He was awarded a Nobel Peace Prize in 2006 for his valuable contribution in social entrepreneurship. Work of Yunus and Grameen become motivating factor for modern day social entrepreneurs that emphasize the enormous synergies and benefits when business principles are unified with social ventures. In countries like India, Pakistan Bangladesh and others countries still there are many challenges for the development of social entrepreneurs. Today, nonprofits and non-governmental organizations, foundations, governments, and individuals also play the role to promote, fund, and advise social entrepreneurs around the countries. A growing number of colleges and universities are establishing programs focused on educating and training social entrepreneurs.
Keywords
Social Entrepreneurship, prospects and Challenges
References
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[2] Ghoshal, S & Bruch, H (2003) Going Beyond Motivation to the Power of Volition. MIT Sloan Management Review. Spring 2003. page 51-57
[3] Wolk, Andrew. Social Entrepreneurship and Government: A New Breed of Entrepreneurs Developing Solutions to Social Problems.
[4] Leadbeater, Charles (2007) The Rise of Social Entrepreneurship. PP 22. Demos Publications, London
[5] Alvord, S. H., Brown, L. D., & Letts, C. W. (2004) Social entrepreneurship and societal transformation. Journal of Applied Behavioral Science, 40(3): 260-282. and the potential. Management Decision, 38(5): 328-338.
[6] Argyris, Chris & Donald A. Schön. (1978) Organizational learning: A theory of action perspective. Reading, MA: AddisonWesley Publishing.
[7] Bhatt, Ela. (1989) Grind of work. Ahmedabad, India: Self Employed Women’s Association.
[8] Bhatt, Ela. (1989) Toward empowerment. World Development, 17(7): 1059-1065.
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[10] http://www.weforum.org
[11] BRAC: www.brac.net
[12] Grameen Bank: www.grameen-info.org
How to cite this paper
@article{1704707,
author = {Taruna Jarakunti},
title = {Social Entrepreneurship - Prospects and Challenges},
journal = {Iconic Research And Engineering Journals},
year = {2023},
volume = {6},
number = {12},
pages = {663-668},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1704707.pdf},
abstract = {This paper is related with emerging trends of social entrepreneurship in developing countries like Indian and its future prospects and challenges. This paper shows lights on how development of social entrepreneurship can solve the problems of society which is ignored by commercial and Government enterprises. Social entrepreneur like is Muhammad Yunus, founder and manager of Grameen Bank has lead a new path in the development of social entrepreneurship in developing counties. He was awarded a Nobel Peace Prize in 2006 for his valuable contribution in social entrepreneurship. Work of Yunus and Grameen become motivating factor for modern day social entrepreneurs that emphasize the enormous synergies and benefits when business principles are unified with social ventures. In countries like India, Pakistan Bangladesh and others countries still there are many challenges for the development of social entrepreneurs. Today, nonprofits and non-governmental organizations, foundations, governments, and individuals also play the role to promote, fund, and advise social entrepreneurs around the countries. A growing number of colleges and universities are establishing programs focused on educating and training social entrepreneurs.},
keywords = {Social Entrepreneurship, prospects and Challenges},
month = {June},
}