Parikalpana: KIIT Journal of Management

Open Access Open Access  Restricted Access Subscription Access

Exploring the aspects of Social Entrepreneurship during Covid 19 Pandemic in India


Affiliations
1 PhD Scholar at School of Rural Management, KIIT University Bhubaneswar, India
2 Associate Professor at KIIT School of Rural Management, KIIT University Bhubaneswar, India
 

Social entrepreneurship has social, cultural, educational and environmental goals. The primary objective of social entrepreneurship is not to earn profits but to provide innovative solutions to solve a variety of urgent social problems for welfare of the society. Efforts are made to provide information about the challenges and opportunities of social entrepreneurship in India. This paper also attempts to shed light on different successful social entrepreneurs along with their initiatives and contribution towards society during Covid 19. A literature review of secondary data resources is undertaken to get a clear idea about the different exploratory aspects of three prominent social enterprises during pandemic such as SELCO, Goonj and Narayana Health. Social entrepreneurs experienced some critical issues during Covid 19 such as dearth of a viable business plan, Lack of funds, qualified manpower, limited to definite geographies etc. are few challenges before social entrepreneurs. There are opportunities of social entrepreneurship in terms of providing employment to rural people. So, they can explore, exploit and provide the products and services at affordable prices. Thus, generating employment opportunity which is significant for the overall development of the country.

Keywords

Entrepreneurship, Social Entrepreneurs, Covid 19 Pandemic.
User
Notifications
Font Size

  • Agrawal, A., & Sahasranamam, S. (2016). Corporate social entrepreneurship in India. South Asian Journal of Global Business Research, 5(2), 214233.

  • Bhatt, P. & Altinay, L. (2013). How social capital is leveraged in social innovations under resource constraints? Management Decision, 51(9), 1772-1792.

  • Choi, N., & Majumdar, S. (2014). Social entrepreneurship as an essentially contested concept: Opening a new avenue for systematic future research. Journal of Business Venturing, 29(3), 363-376.

  • Drucker PF (1985), Innovation and entrepreneurship. Routeledge, UK.

  • Goyal, S., & Sergi. B.S. (2015). Social entrepreneurship and sustainability understanding the context and key characteristics. Journal of Security and Sustainability Issues, 4(3), 269278

  • Katz, E. E. (2014). Social enterprise businesses: A strategy for creating good jobs for people with disabilities. Journal of Vocational Rehabilitation, 40(2), 137-142.

  • Kittilaksanawong, W., Hu, C.S., Shou, Y.Y. & Chen, X.D. (2012), ―Institutionalization in organizational form of social entrepreneurship: cases from China and Bangladesh in management of innovation and technology (ICMIT), IEEE International Conference on (pp. 39-44). IEEE

  • Kuckertz, Andreas, Leif Brändle, Anja Gaudig, Sebastian Hinderer, Carlos Arturo Morales Reyes, Alicia Prochotta, Kathrin M. Steinbrink, and Elisabeth S. C. Berger. 2020. “Start-ups in Times of Crisis – a Rapid Response to the Covid 19 Pandemic.” Journal of Business Venturing Insights 13: e00169. doi:10.1016/j.jbvi.2020.e00169.

  • Lehtimaki, H., & Karintaus, K. (2012). Social Capital for Strategic Sensitivity in Global Business. South Asian Journal of Business and Management Cases.1(2), 85–98.

  • Page, A., & Katz, R. A. (2010). Freezing out Ben & Jerry: corporate law and the sale of a social enterprise icon. Vt. L. Rev., 35, 211.

  • Peredo, A. M., & McLean, M. (2006). Social entrepreneurship: A critical review of the concept. Journal of world business, 41(1), 56-65.

  • Roy, K., & Karna, A. (2015). Doing social good on a sustainable basis: competitive advantage of social businesses. Management Decision, 53 (6), 1355-1374.

  • Scheiber, L. A. (2014). Social capital and the target population. Social Enterprise Journal, 10 (2), 121-134

  • Sengupta, Subhanjan, (2017). Framework for market orientation and social value creation by social enterprises in new and renewable energy sector: a study from Mohanlal Sukhodia University.

  • Sengupta, S., & Sahay, A. (2017). Social entrepreneurship research in Asia Pacific: perspectives and opportunities. Social Enterprise Journal, 13(1), 17.

  • www.goonj.org

  • http://selco-india.com

  • http://www.narayanahealth.org


Abstract Views: 426

PDF Views: 1




  • Exploring the aspects of Social Entrepreneurship during Covid 19 Pandemic in India

Abstract Views: 426  |  PDF Views: 1

Authors

Monalisha Chakraborty
PhD Scholar at School of Rural Management, KIIT University Bhubaneswar, India
Prasanta Parida
Associate Professor at KIIT School of Rural Management, KIIT University Bhubaneswar, India

Abstract


Social entrepreneurship has social, cultural, educational and environmental goals. The primary objective of social entrepreneurship is not to earn profits but to provide innovative solutions to solve a variety of urgent social problems for welfare of the society. Efforts are made to provide information about the challenges and opportunities of social entrepreneurship in India. This paper also attempts to shed light on different successful social entrepreneurs along with their initiatives and contribution towards society during Covid 19. A literature review of secondary data resources is undertaken to get a clear idea about the different exploratory aspects of three prominent social enterprises during pandemic such as SELCO, Goonj and Narayana Health. Social entrepreneurs experienced some critical issues during Covid 19 such as dearth of a viable business plan, Lack of funds, qualified manpower, limited to definite geographies etc. are few challenges before social entrepreneurs. There are opportunities of social entrepreneurship in terms of providing employment to rural people. So, they can explore, exploit and provide the products and services at affordable prices. Thus, generating employment opportunity which is significant for the overall development of the country.

Keywords


Entrepreneurship, Social Entrepreneurs, Covid 19 Pandemic.

References





DOI: https://doi.org/10.23862/kiit-parikalpana%2F2021%2Fv17%2Fi2%2F210549