Abstract
Social entrepreneurship (SE) has emerged as a strong force to bridge the gap between the demand and supply for fulfilment of socio-economic and environmental needs. SE emerged as a response to failure of market, state or both in meeting needs of society particularly at the bottom of the pyramid. SE has been rapidly growing in all the sectors: private, public and non-profit. It focuses on social impact and an innovative approach to achieve its purpose with the combination of social mission, entrepreneurship and creativity. It is of particular importance to India because the developmental needs of India cannot be solely addressed by government efforts or by the market forces. This chapter aims at explaining about SE as a field of knowledge, i.e. how social entrepreneurship and social entrepreneurs work to address the unmet needs of the society, its emergence in India, coherence of SE and Indian values, and a typology of social entrepreneurs for the Indian context. We also propose a research agenda on the topic.
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Notes
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Rina Agarwala Redefining Exploitation: Self-Employed Workers’ Movements in India’s Garments and Trash Collection Industries International Labor and Working-Class History No. 89, Spring 2016, pp. 107–130.
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| yato'bhyudayaniḥśreyasasiddhiḥ sa dharmaḥ । 1.1.2 |
Ref: Maharshi Kanada, Vaisheshika Sutras.
Meaning: That which leads to the attainment of Abhyudaya (prosperity in this world) and Nihshreyasa (total cessation of pain and attainment of eternal bliss hereafter) is Dharma.
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Eck (2013) quotes Bornstein, E. (2004). The spirit of development: Protestant NGOs, morality and economics in Zimbabwe. Routledge.
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Pandey, N., Sahay, A. (2022). Social Entrepreneurship in India. In: Pandey, A., Budhwar, P., Bhawuk, D.P.S. (eds) Indigenous Indian Management. Palgrave Studies in Indian Management. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-87906-8_11
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