The Study on Social Enterprises and Social Entrepreneurship
The study on social enterprises and social entrepreneurship
INTRODUCTION
An indifferent attitude of government and negligence towards the welfare of the society, their poorer strategies towards the socially disadvantage peoples, this led to the emergence of social enterprise and social entrepreneurship. In past it was the work of NGO’s to set it right, but lack of funds kept them away from bringing changes to the society. This made social enterprises to emerge and bring drastic changes to the society.
Social enterprise and entrepreneurs look for opportunities to create social value, uncover the best approaches for realizing those opportunities and build social capital, that capital we can pass on inheritance, rather than debt, to the next generation.
Their function as the agent of change is questioning the status quo and changing the world for better. In social enterprise and social entrepreneurship, social wealth creation is the primary objective, where economic value creation in the form of income is necessary to ensure the sustainability of the initiative and financial self-sufficiency.
PURPOSE OF THE STUDY
This study about social enterprise and social entrepreneurship is to know about-
• How society gets benefitted out of it?
• Economic and trading activities of it.
• What are the effects on economy?
• The impetus behind it.
• Sector bending issues faced by it.
METHODOLOGY
This explanatory study is based on secondary data. The secondary data for the purpose of this study will be collected from available literature, books, journals, articles in websites, and other written materials on the subject.
The initial task involved in the study are setting theoretical framework. Later, obtained relevant data, analysed the data and finally systematic presentation of findings.
THE SOCIAL ELEMENT
The greatest challenge in understanding social enterprise and social entrepreneurship lies in defining the
INTRODUCTION
An indifferent attitude of government and negligence towards the welfare of the society, their poorer strategies towards the socially disadvantage peoples, this led to the emergence of social enterprise and social entrepreneurship. In past it was the work of NGO’s to set it right, but lack of funds kept them away from bringing changes to the society. This made social enterprises to emerge and bring drastic changes to the society.
Social enterprise and entrepreneurs look for opportunities to create social value, uncover the best approaches for realizing those opportunities and build social capital, that capital we can pass on inheritance, rather than debt, to the next generation.
Their function as the agent of change is questioning the status quo and changing the world for better. In social enterprise and social entrepreneurship, social wealth creation is the primary objective, where economic value creation in the form of income is necessary to ensure the sustainability of the initiative and financial self-sufficiency.
PURPOSE OF THE STUDY
This study about social enterprise and social entrepreneurship is to know about-
• How society gets benefitted out of it?
• Economic and trading activities of it.
• What are the effects on economy?
• The impetus behind it.
• Sector bending issues faced by it.
METHODOLOGY
This explanatory study is based on secondary data. The secondary data for the purpose of this study will be collected from available literature, books, journals, articles in websites, and other written materials on the subject.
The initial task involved in the study are setting theoretical framework. Later, obtained relevant data, analysed the data and finally systematic presentation of findings.
THE SOCIAL ELEMENT
The greatest challenge in understanding social enterprise and social entrepreneurship lies in defining the