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A Descriptive Analysis of Social Entrepreneurship

Authors: Frederick, Dsouza Prima;

A Descriptive Analysis of Social Entrepreneurship

Abstract

Entrepreneurs are creative problem solvers who are highly driven and able to think critically; these traits are paired with a desire to address social issues, a social entrepreneur emerges. A person who has an inventive solution to one of society’s most critical and challenging social issues is referred to be a social entrepreneur. They are relentless and ambitious, tackling pressing societal concerns and putting up fresh suggestions for significant changes in society. India desperately needs this new generation of sociopreneurs to develop novel business concepts. Therefore, in order to bring about the necessary social changes, social entrepreneurship identifies a social issue and applies entrepreneurial concepts to plan, launch, and manage a social business. The most successful forms of social entrepreneurship lead to incremental improvements in the near term. This study discusses the role of social entrepreneurs. Further, it identifies several obstacles faced by social entrepreneurs and makes an effort to provide some solutions to these issues.

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Keywords

Business entrepreneur, Social entrepreneur, Role, SWOC analysis

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