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EMERGING MARKETS AND ISSUES IN MANAGEMENT SOCIAL ENTREPRENEURSHIP Author J.ANURADHA HOD BUSINESS MANAGEMENT (UG) VLBJCAS CO-Author/presenter SUBODH KUMAR SRIVASTAVA STUDENT- III-BBM VLBJCAS E-MAIL-Subodh2056@gmail.com CONTACT-+919543686753 PAWAN KUMAR STUDENT-III BBM VLBJCAS ABSTRACT Social entrepreneurship is the process of bringing about social change on a major scale. Social entrepreneurs function as the agents of change, questioning the status quo, grabbing the new yet overlooked opportun
  EMERGING MARKETS AND ISSUES IN MANAGEMENT SOCIAL ENTREPRENEURSHIP AuthorJ.ANURADHA HODBUSINESS MANAGEMENT (UG)VLBJCAS CO-Author/presenterSUBODH KUMAR SRIVASTAVA STUDENT- III-BBMVLBJCASE-MAIL-Subodh2056@gmail.comCONTACT-+919543686753 PAWAN KUMAR  STUDENT-III BBMVLBJCAS  ABSTRACT Social entrepreneurship is the process of bringing about social change on a major scale. Socialentrepreneurs function as the agents of change, questioning the status quo, grabbing the new yetoverlooked opportunities, and changing the world for the better. Today, they are making up for theshortcomings of the bureaucracies and government.Social entrepreneurship is the work of a social entrepreneur. A social entrepreneur is someone whorecognizes a social problem and uses entrepreneurial principles to organize, create, and manage aventure to make social change. Whereas a business entrepreneur typically measures performance in profit and return, a social entrepreneur assesses success in terms of the impact s/he has on society.While social entrepreneurs often work through nonprofits and citizen groups, many work in the private and governmental sectors.Social Entrepreneurship - Everybody has a role to playWhile the above definition does a fair job of defining the term, it doesn’t gives a clarity on howdifferent are nonprofits from social enterprises, especially when it comes to revenues as well asimpact. THE FOLLOWING PAPER WILL DISCUSS … What is entrepreneurship?The key role of India in Social Entrepreneurship?Challenges for Social Entrepreneurs in India?Does society demands for social entrepreneurship?The slide presentation along with my paper work will help you to understand more about thequestions that are mentioned.But in the present scenario we, really look for more social entrepreneur rather than pureentrepreneurs.  What is entrepreneurship? An entrepreneur is an individual who accepts financial risks and undertakes new financialventures. The word derives from the French entre (to enter) and prendre (to take), and in ageneral sense applies to any person starting a new project or trying a new opportunity.Many societies place great value on the entrepreneur. To encourage their activity, they may beoffered access to inexpensive capital, tax exemptions and management advice. An entrepreneur hasthe greatest chance of success by focusing on a market niche either too small or too new to have been noticed by established businesses. To help new technologies come to market, manyuniversities establish business incubators for entrepreneurs hoping to turn leading edge researchinto marketable products.Characteristics of an entrepreneur include spontaneous creativity, the ability and willingness tomake decisions in the absence of solid data, and a generally risk-taking personality. Anentrepreneur may be driven by a need to create something new or build something tangible. Social entrepreneur A social entrepreneur is motivated by a desire to help, improve and transformsocial,environmental,educationalandeconomicconditions. Keytraitsand characteristics of highly effective social entrepreneurs includeambitionand a lack of acceptance of thestatus quoor  accepting the world as it is . The social entrepreneur is driven by anemotionaldesire to addresssome of the big social and economic conditions in the world, for example, povertyand educationaldeprivation, rather than by the desire for  profit. Social entrepreneurs seek to developinnovative  solutions to global problems that can be copied by others to enact change  The key role of India in Social Entrepreneurship? Some popular Indians became aware of the potential of Social Entrepreneurship quite early. Twoof them were the Social Entrepreneurs Dr. Govindappa Venkataswamy and Thulasiraj D Ravillawho established the Aravind Eye Hospital in 1976. Since then they have treated more than 2.4million patients, often free of charge. Many others have also contributed to the comparatively highlevels of Social Entrepreneurship which have been reached in India.As the Swiss Klaus Schwab, founder of the World Economic Forum and of the SchwabFoundation, pointed out in an interview with the Hindustan Times: “  India has some of the most advanced and innovative social entrepreneurs. We believe and already see that many of themodels developed in India, for instance rainwater harvesting for schools pioneered by Barefoot College, are exported around the world  .” Thus, India is a key country in developing socialentrepreneurs. Several institutions help people to become involved with Social Entrepreneurship,such as UnLtd India and the National Social Entrepreneurship Forum (NSEF).Furthermore, the Schwab Foundation and its Indian counterpart, the Jubilant Bhartia Foundation,give the Social Entrepreneurship Award to prominent visionary Indian social entrepreneurs. In2009, the winners of the Social Entrepreneur of the Year Award included Brij Kothari of “PlanetRead and Book box” who found to combat illiteracy, Padmanabha Rao and Rama Rao of “River”which focused on the primary education of children and Rajendra Joshi of “Saath” who createdinclusive societies by empowering India’s urban and rural poor. The next winner will beannounced in a ceremony coinciding with the India Economic Summit in November 2010.Another important organization that is linked to India is Ashoka, which is the global association of the world’s leading social entrepreneurs. Since 1981, they have elected over 2.000 leading socialentrepreneurs as Ashoka Fellows, providing them with living stipends, professional support andaccess to a global network of peers in more than 60 countries. India is home to Ashoka's firstFellow and for the past 25 years, India has served as a testing ground for most of Ashoka'sinternational Fellowship building programs and other key initiatives. Since 2003, Ashoka and theAmerican India Foundation (AIF) have partnered to co-invest in social entrepreneurs in India. This
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