The Impact of Social Entrepreneurship on Economic Development in Rural Areas

S. Brinda, Shilpa Sachdeva, Shankar Kumar Lal, Rajesh Kumar, Nisha Pal, Narender Chinthamu, Anurag Shrivastava

Research output: Contribution to journalArticlepeer-review

Abstract

Social entrepreneurship has emerged as a powerful catalyst for economic development, particularly in rural areas where traditional economic models often fall short. This paper explores the impact of social entrepreneurship on rural economic development, focusing on how social enterprises create sustainable economic opportunities, address local challenges, and foster community empowerment. Through a combination of case studies and theoretical analysis, the paper highlights the unique role of social entrepreneurs in transforming rural economies, reducing poverty, and promoting inclusive growth. The findings suggest that social entrepreneurship not only drives economic development but also enhances social cohesion and resilience in rural communities.

Original languageEnglish
Pages (from-to)52-62
Number of pages11
JournalLibrary Progress International
Volume44
Issue number3
StatePublished - Jul 1 2024

Keywords

  • Community Empowerment
  • Economic Development
  • Inclusive Growth
  • Rural Areas
  • Social Entrepreneurship
  • Sustainable Development

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