Innovative & Social Entrepreneurship for Sustainable Development in India

Abstract

Entrepreneurship, the engine for transforming our world and overcoming the diverse nature of these global challenges.. The challenge of sustainable development we require social entrepreneurship which is the application of entrepreneurship attributes of creativity, innovation and motivation combined with the drive to solve the most pressing social problems in the society. While simple correlation analysis was used to process the data. It was revealed that social entrepreneurship has not contributed effectively to sustainable development due to low level of creativity and innovation in our entrepreneurs Also; this has adversely affected development of women and rural areas. It is therefore recommended that entrepreneurship programmes should not just focus on business profit and wealth creation but improvement of citizens creativity and innovativeness capability. This will facilitate sustainable development. The study evaluated the contributions of social entrepreneurship and its core elements in sustainable development using a cross section of entrepreneurs and interest groups.