Emergence & Context of Social Entrepreneurship: A Global Scenario
- Author Ms. Roshni Yeshawanth
- Co-Author Dr. Uday Kumar M.A
- DOI
- Country : India
- Subject : Commerce
Keywords : Social Entrepreneurship, Socioeconomic context, Social enterprises, Social Enterprise Model
Abstract
The Social Entrepreneurship around the world is the outcome of the social problems embedded in the particular social, physical, political, economic and cultural context of that region. Understanding the ecological context of the social problems helps the social enterprise ventures to identify the areas of highest leverage that are least obvious. The context shapes the kind of need, purpose, activity, organizational form, legal structure, and process involved in its creation and realization. The research studies show that, in the liberal economies like US, social enterprises began as a result of education inequality, in co-operative economies like UK, it began due to new socio demographic trends and in informal economies like India to address the huge gap between the formal legislation and social reality. These enterprises take different legal forms in different context. They may be in the form of non-profit organizations, for profit organizations, foundations, NGO’s etc. Though it is a global phenomenon, the US and the Western Europe dominate the academic discourse. The present study intends to identify the reasons for the emergence of social enterprises and also the relevance of contextual situations for their conceptualization. It also examines how different local contexts may have helped to shape broad conceptions of social enterprise, the legal structure and design appropriate Business Models.
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