Unpacking the Dynamics and Outcomes of Social Entrepreneurship in India: An Empirical Investigation of Drivers and Social Impact

Abstract

The study investigates the factors influencing social entrepreneurship in India and its impact on social change. The research also examines the role of social entrepreneurship as a mediator in driving social change. Research methodology consist of questionnaire with close ended questions to gather data. They analysed the validity, reliability, and correlation among the variables in the proposed model. Regression analysis was employed to test the hypothesis and validate the model. The findings revealed a strong connection between social entrepreneurship and social change, with R - squared values indicating that the model explains 74.9% and 91% of the variation in social entrepreneurship and social change respectively. The beta coefficients are further confirmed the significant influence of the factors on both social change and social entrepreneurship. In practical terms, the study demonstrates that social entrepreneurship positively impacts social change. By focusing on the innovative use of resources to address societal needs, social entrepreneurship offers a, more ethical and sustainable approach to business. This research highlights the values of social entrepreneurship in creating social, economic, and environmental values, and it acknowledges its effectiveness in addressing various social issues.