Corporate Social Responsibility: Global Perspective, Competitiveness, Social Entrepreneurship & Innovation

13 Pages Posted: 12 Jul 2007

See all articles by Manoj Joshi

Manoj Joshi

Amity University

S. P. Tiwari

Dr R M L Awadh University

Vindhyalaya Joshi

Association of Knowledge Workers - Department of Education - U.P. India

Date Written: July 9, 2007

Abstract

Profit Making & Social Responsibility is an oxymoron and can be strongly debated. Profit making is the essential reason for an enterprise to prolong and grow. Social responsibility is the fundamental duty of the state that must focus upon the upbringing of its stake holders with social justice. This includes proactive participation by the governance in elevating quality in work life of its citizens. Thus attempting the balance of wealth and social justice/empowerment, shall invite a synergy between the Public-Private partnership in enhancing the competitive existence & growth of national economy.

State is a necessary evil. The primordial responsibility is governance and to bring order from disorder. The concept of city-states like Greece existed, which portrayed high level of self governance and self sustenance. Besides this, for a nation to be healthy and prosperous, the state must not hinder Liberty. The world has witnessed social unrest as a cause of economic disparity, inequality, social injustice etc. resulting into world wide protests, cross border and internal disputes, civil wars, battles, regional and the world wars.

Hence, there must be continuous efforts to reduce this economic disparity amongst the country men but the irony being that the State is unable to execute its primary duties in the form of social responsibilities, either because (i) it is not able to mobilise funds, (ii) funds available are not adequate against the requirement, (iii) it is not able to utilise the funds or/and (iv) there is lack of governance and will power.

As a result, the entrepreneurs in the micro community or corporate, emerge as entrepreneur cartel(s) to carry out this important assignment. They participate as social entrepreneurs and emerge as drivers to engine of economic and social growth. Strategic innovation, hence, emerges as an imperative tool towards a globally competitive existence and performance.

Keywords: Innovation, Enterprise, Social Responsibility, Competitiveness, Social Entrepreneruship

Suggested Citation

Joshi, Manoj and Tiwari, S. P. and Joshi, Vindhyalaya, Corporate Social Responsibility: Global Perspective, Competitiveness, Social Entrepreneurship & Innovation (July 9, 2007). Available at SSRN: https://ssrn.com/abstract=999348 or http://dx.doi.org/10.2139/ssrn.999348

Manoj Joshi (Contact Author)

Amity University ( email )

Amity University, Lucknow Campus
Viraj Khand-5, Gomtinagar
Lucknow-UP-India
India
+91-9415017498 (Phone)

HOME PAGE: http://www.amity.edu

S. P. Tiwari

Dr R M L Awadh University ( email )

Faizabad, UP
India

Vindhyalaya Joshi

Association of Knowledge Workers - Department of Education - U.P. India ( email )

B-1/51/Sector B
Aliganj
Lucknow, Uttar Pradesh 226021
India

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