Social Entrepreneurship-An Emerging Value Based Alternative Leadership in Business-Lessons for Indian Management Education

Against the back ground of economic crisis, environmental disaster, poverty, inequality and socio-political violence, the social entrepreneurship is emerging as a socially responsible alternative to the traditional business practice and leadership. The paper is an attempt to find the relevance of the concept and practice of social entrepreneurship in India in the present social, and economic scenario. The study has taken up few cases to explain how social entrepreneurs functioning at various fields to bring about radical changes in India. The paper also highlights how some leading Management Institutes are contributing to the development of social entrepreneurships through their curriculum. The study concludes that the social entrepreneurships can come up in the way it should create impact in the society only if management education is realigned for the training and orientation to the right direction.