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Social entrepreneurship: A business model for sustainable development

Author

Listed:
  • Neeti Singh
  • Anand Inbanathan

    (Institute for Social and Economic Change)

Abstract

Social entrepreneurship is recognized for working towards achieving developmental goals that are associated with the basic needs of the people and converge with sustainable development. The convergence of developmental goals and the basic needs of the people set a relationship between social entrepreneurship and sustainable development. This conceptual study draws from the literature and brings the characteristics of social entrepreneurship, which enables it to achieve the social agenda of providing for the basic needs of the people. These characteristics become the essential part of the strategies of social entrepreneurship that help it to function as a model for sustainable development. To further the inquiry, these strategic elements of social entrepreneurship are then analyzed in the light of Hamel’s framework of the business model. It also examines whether the business model framework of Hamel can be applied to implement these strategies. The diverse aspects of the business model framework of Hamel are examined to understand the relationship between social entrepreneurship and sustainable development.

Suggested Citation

  • Neeti Singh & Anand Inbanathan, 2018. "Social entrepreneurship: A business model for sustainable development," Working Papers 426, Institute for Social and Economic Change, Bangalore.
    • Handle: RePEc:sch:wpaper:426
    as

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    Keywords

    Social entrepreneurship;

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