A study of Basic Framework of Social Entrepreneurship and Present Opportunities in social Enterprising Domain in India

Abstract

In recent years, social enterprises have been receiving increased attention in many parts of the world. In India, the number of social enterprises has increased fast and more support has become available in all dimensions. India has been witnessing a magnificent growth in the number of social enterprises, especially in last seven - eight years. Social enterprises tend to operate with a purpose of creating value for the society and also generate income. The solutions they offer are innovative, unique, people, affordable and environment friendly. Social enterprises play a crucial role in local communities by creating new opportunities in terms of employment, income growth, enhanced provision of services, increase in local income retention and engaging the community in development programmes. Despite of this remarkable contribution and growth, there is lack of adequate empirical studies to understand the social entrepreneurship ecosystem within the country. This research is conducted to understand the basic framework of social entrepreneurship that has evolved over time and study the present opportunities available in social enterprising domain in India.