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Introduction to Social Entrepreneurship
(Revised Course Outline) Madhukar Shukla XLRI School of Business & Human Resources, Jamshedpur (India) May 24, 2008 Abstract: Social Entrepreneurship is an emerging field that offers opportunity to young professionals to create societal/economic value on a sustainable basis. According to some reports, globally this is the fastest growing sector and perhaps the only sector that is creating gainful employment worldwide. Unfortunately, most management students/professionals view social entrepreneurship as a "by charity/ for charity" venture, and not as a self-sustainable & viable entrepreneurial activity. The purpose of the course is to expose the students to viable "business models" through case-studies, which are simultaneously sustainable and/or profitable (though, not necessarily with "profit-making" as the sole aim) and enthuse them to actively think about this as a realistic vocational choice. In a country like India, where barely 6-7% of the economically active work-force is in the "organized sector", there is a dire need to divert the managerial talent to develop ventures which can add/create value to the rest of the "informal sector" (that accounts for 60% of India's GDP, 68% of income, 30% of agricultural exports, and 40% of manufacturing exports). Correspondingly, this course aims to help the participants 1. To understand and appreciate the role of (and need for) social entrepreneurship in building a sustainable society. 2. To acquire the knowledge, skills, tools and techniques needed to become an entrepreneur in the social sector. 3. To help them develop sustainable "business" model for building a social enterprise that can make a difference
Keywords: Social Entrepreneurship, Course Outline, XLRI Jamshedpur JEL Classifications: M13 Working Paper SeriesDate posted: May 27, 2008 ; Last revised: May 27, 2008Suggested CitationContact Information
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