Social Entrepreneurship: Issue for a Better World !

Authors

  •   Shabana A. Memon Lecturer, Bharati Vidyapeeth Institute of Management, Kolhapur

Keywords:

Entrepreneurship, Entrepreneur, Social Entrepreneur, Social value

Abstract

Over the past decade social entrepreneurship has emerged as a powerful way of meeting global human needs. Social entrepreneurship is a fast growing movement that uses the tools of business to create positive results for society at every level. By developing and using innovative market solutions, social entrepreneurs improve our communities and the world in which we live.

Today the most remarkable young people are the social entrepreneurs, who see a problem in society and roll up their sleeves to address it in new ways. Such people neither hand out fish nor teach people to fish; their aim is to revolutionize the fishing industry. The job of a social entrepreneur is to recognize where a part of society is stuck and to provide new ways to get it unstuck. International as well as Indian businesses are now looking more and more towards how they reach a social goal in addition to their financial bottom-line:

At advanced level, social entrepreneurs need a variety of financial and structural support — new laws, less fragmented and more rational capital markets and stronger bridges with governments, business and academia. The support system in India is beginning to change, giving space to social entrepreneurship and social entrepreneurs are finding the going a bit easier these days.

We should not forget that the winner isn't the only one who will shape the world; there is no limit to the number of social entrepreneurs who can make this planet a better place.

An attempt is done in this paper to highlight social entrepreneurs in India and across the globe, their innovative initiatives and its output to remake the world for better.

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Published

2011-01-09

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