Authors

1. Prof. B. Parvathi Devi
2. Dr. Lokanadha Reddy

Affiliation

• Research Scholar, Dept of Commerce & Management, Reva University, Rukmini Knowledge Park, Kattigenahalli, Yelahanka, Bangalore
• Associate Professor & Research Supervisor Dept of Commerce & Management, Reva University, Rukmini Knowledge Park, Kattigenahalli, Yelahanka, Bangalore

Abstract

Though entrepreneurship in any form is the foundation of economic development, social
entrepreneurship provides additional benefits in the form of societal development. In developing
economies like India, the growth of social entrepreneurship at a fast phase has created ample
benefits for the society in the form of multiple employment opportunities, improvement in education,
health, and infrastructure and so on. The government support for social entrepreneurship can be
seen in the form of provision of subsidies, awards, and recognition to the social entrepreneurs to
include the community in the new business plans. In this regard, the present study aims to examine
the impact of social entrepreneurship in socio- economic development of rural areas in Karnataka.
The researcher collected the data through a close-ended questionnaire from 321 respondents
residing in the rural areas of Karnataka. The findings of the study indicate indulging social
entrepreneurs' knowledge in the health and education sector can build strength within the existing
system for a positive change.

Keywords

Social Entrepreneurship, Social Needs, Innovation, Social Entrepreneurship, Standard of Living, Health

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