Author(s): Sushmita Chandra
The term "social entrepreneurship" has gained popularity in India and other countries. This idea of giving has always piqued people's interest. It's ideal blend of social responsibility and business acumen makes it incredibly alluring and distinctive. Typically, entrepreneurship is associated with economic pursuits, ruthlessly pursuing profits at the expense of social benefits or the wellbeing of society. Lately, the idea of social entrepreneurship has gained a lot of traction in India and other countries. Many have discovered it to be rather fascinating. It provides the best fusion of enterprise with social service, which makes it the most alluring and distinctive of its kind. Entrepreneurship is linked to economic pursuits and a merciless emphasis on maximizing profits, regardless of the consequences for society or its well-being. Benefits to society have diminished or perhaps vanished in many nations during the current period of rapid industrialization and economic expansion. This paper aims to provide an explanation of social innovations and requirements from the perspective of entrepreneurship. The scope and importance of social entrepreneurship have grown recently, and this article covers both topics. Finally, this study article also highlights the ways in which social entrepreneurship can alter or have an impact on the social structure and how do these social entrepreneurs make way for better growth and development.