6 Pages Posted: 27 May 2008
Date Written: May 24, 2008
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 Classification: M13
Suggested Citation: Suggested Citation