Role of Social Entrepreneurship in Sustainable Development

Abstract

In today's world, social entrepreneurship offers innovative solutions to global challenges, addressing societal and environmental issues. This abstract explores the impact and challenges of social entrepreneurship, focusing on its role in sustainable development. Drawing on business experts' insights, it examines drivers, barriers, and effective strategies. The study employs mixed methods, including qualitative and quantitative analyses, to uncover the pivotal role of social entrepreneurship in addressing societal, economic, and environmental challenges. Despite obstacles, social entrepreneurs leverage effective business models to create social and environmental value, emphasizing collaboration, innovation, and social responsibility. Recommendations include fostering cross-sector partnerships and promoting adaptability within organizations to advance sustainability goals. These insights provide practical guidance for policymakers and practitioners seeking to prioritize sustainability while achieving organizational success and positive societal impact.