Share:


THE IMPACT OF SOCIAL ENTREPRENEURSHIP ON ECONOMIC DEVELOPMENT IN RURAL AREAS

    Dr. Surendar Vaddepalli,

Abstract

The primary goal of this research is to determine the role that "social entrepreneurship" plays in the economic growth of rural communities. As per this study, it has been identified that rural areas are often observed as the strength of food production of a nation's resource base that frequently grapples with economic stagnation. It has been studied that restricted job opportunities, poverty, and inadequate access to essential services often harm regions. Research objectives have been discussed within this section which helps to gain detailed knowledge about this study. as per this study, it has to be discussed that, the social enterprise jobs are observed to take root the income levels of the rural residents are observed to rise. The primary quantitative method has been used in this study to analyze the collected data quantitatively. In this research, SPSS software has been used which helps to analyze the collected data statistically. Therefore, based on 10 survey questions, researchers could able to collect real-time data. In this part, the proper explanation of the study issue has been underlined. According to this study, "social entrepreneurship" has been found to positively influence how rural regions' economies are developing. Consequently, this study contributes to the comprehensive information-gathering process on the variables that significantly influence "social entrepreneurship". With the help of primary quantitative data, real-time data has to be collected by this study which helps to gain detailed knowledge about this study. Moreover, the importance of “social entrepreneurship” has to be discussed within the research which has a positive impact on the improvement of rural areas.

Keyword : Social Entrepreneurship, Economic Development, Rural Communities, Poverty Alleviation, Job Creation, Rural Economy, Quantitative Analysis, SPSS Software, Income Levels, Community Empowerment, Sustainable Development, Social Enterprises, Rural Development, Survey Data, Entrepreneurship in Rural Areas.

Published in Issue
January 11, 2025
Abstract Views
02
PDF Downloads
03
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

References


Ahmad, S., & Bajwa, I. A. (2023). The role of “social entrepreneurship” in socio-economic development: a meta-analysis of the nascent field. Journal of Entrepreneurship in Emerging Economies, 15(1), 133-157. https://www.researchgate.net/profile/Shabir-Ahmad-3/publication/356172628_The_role_of_social_entrepreneurship_in_socio-economic_development_a_meta-analysis_of_the_nascent_field/links/61a68a6db4bbff76e27b2d04/The-role-of-social-entrepreneurship-in-socio-economic-development-a-meta-analysis-of-the-nascent-field.pdf Haugh, H. (20022). The role of social enterprise in regional development. International Journal of Entrepreneurship and Small Business, 2(4), 346-357. https://www.researchgate.net/profile/Helen-Haugh/publication/247832461_The_role_of_social_enterprise_in_regional_development/links/60191f6d299bf1b33e407b8a/The-role-of-social-enterprise-in-regional-development.pdf Kostetska, I., & Berezyak, I. (2024). “social entrepreneurship” as an innovative solution mechanism of social problems of society. Management theory & studies for rural business & infrastructure development, 36. https://pdfs.semanticscholar.org/a3f8/1edf75357ff7d342ea7d8b79187cf685b6a2.pdf Lang, R., & Fink, M. (2023). Rural “social entrepreneurship”: The role of social capital within and across institutional levels. Journal of Rural Studies, 70, 155-168. https://www.academia.edu/download/81742780/Fink_2018.pdf Lorenzo-Afable, D., Lips-Wiersma, M., & Singh, S. (2020). ‘Social’value creation as care: the perspective of beneficiaries in “social entrepreneurship”. Social Enterprise Journal, 16(3), 339-360.https://www.researchgate.net/profile/Diana-Lorenzo-Afable/publication/342738083_%27Social%27_value_creation_as_care_the_perspective_of_beneficiaries_in_social_entrepreneurship/links/5f17c30c299bf1720d58db37/Social-value-creation-as-care-the-perspective-of-beneficiaries-in-social-entrepreneurship.pdf Mottiar, Z., Boluk, K., & Kline, C. (2022). The roles of social entrepreneurs in rural destination development. Annals of Tourism Research, 68, 77-88. https://arrow.tudublin.ie/cgi/viewcontent.cgi?article=1093&context=tfschhmtart Steiner, A., Calò, F., & Shucksmith, M. (2023). Rurality and social innovation processes and outcomes: A realist evaluation of rural social enterprise activities. Journal of Rural Studies, 99, 284-292.https://www.sciencedirect.com/science/article/pii/S0743016721001066 van Twuijver, M. W., Olmedo, L., O’Shaughnessy, M., & Hennessy, T. (2020). Rural social enterprises in Europe: A systematic literature review. Local Economy, 35(2), 121-142.https://journals.sagepub.com/doi/pdf/10.1177/0269094220907024 Vázquez-Maguirre, M. (2020). Building sustainable rural communities through indigenous social enterprises: A humanistic approach. Sustainability, 12(22), 9643.https://www.mdpi.com/2071-1050/12/22/9643/pdf Zainea, L. N., Toma, S. G., Marinescu, P., & Chițimiea, A. (2020). Combating unemployment through “social entrepreneurship” in the European context. Business Ethics and Leadership, 4(4), 85-98.https://armgpublishing.com/wp-content/uploads/2021/01/Zainea_BEL_4_2020.pdf Sangeeta, Atul, Aggarwl, P. K. (2022). Determinants Of Financial Literacy And Its Influence On Financial Wellbeing-A Study Of The Young Population In Haryana, India. Финансы: теория и практика, 26(5), 121-131. Lakshmi, Sangeeta., VANITHAMANI, M., Arun, R., & Dhanasekaran, P. (2023). Digital Payments Amongst Rural Population: A Study In Chennai. Journal of Namibian Studies: History Politics Culture, 35, 12-22. Sangeeta, Aggarwal, P. K., & Panwar, A. K. (2022). Association between Financial Knowledge, Financial Attitude and Financial Behaviour among Young Population in India. Review of Business and Economics Studies, 10(4), 45-54. Prakash, Sangeeta, Dutta, Cordova, W., Martel, G. R., Alvi, S., & Rao, P. C. (2024). Integrating TAM and TPB towards behavioural intention to use social networking sites by small and medium business entrepreneurs. Journal of Infrastructure, Policy and Development, 8(8), 5811. Sangeeta, Aggarwl, P. K., & Panwar, A. K. (2022). Assessing the Association of Socio-Demographic Factors with Financial Literacy of Academic Employees in Haryana. Industrial Engineering Journal, 15(10). Sangeeta, Aggarwal, P. K., & Panwar, A. K. (2022). Association Between Financial Knowledge, Financial Attitude Financial Behaviour Among Young Population In Rural Area, Haryana, India. NeuroQuantology, 20(16), 4150.