Role of Social Entrepreneurship in Addressing Community Challenges and Promoting Sustainable Socio-Economic Development

Abstract

The present study examines how social entrepreneurship contributes to solving social, economic, and environmental problems through innovative and community-oriented approaches. Social entrepreneurship refers to entrepreneurial activities that aim not only to generate income but also to create positive social impact. Social entrepreneurs work to address issues such as poverty, unemployment, education gaps, healthcare access, women’s empowerment, environmental degradation, skill development, and social exclusion. The study focuses on how social entrepreneurship identifies local problems and develops sustainable solutions through innovation, community participation, resource mobilization, and inclusive business models. Unlike traditional entrepreneurship, social entrepreneurship gives equal importance to social welfare and economic viability. It promotes self-reliance, livelihood generation, local leadership, and empowerment of marginalized communities.