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Examining the Intersection of Entrepreneurship and Social Impact: Analyzing How Social Entrepreneurs Create Sustainable Business Models

DOI: 10.4236/jhrss.2024.122017, PP. 315-337

Keywords: Social Entrepreneurship, Sustainable Business Models, Social Impact, Financial Returns, Social Value Creation

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Abstract:

The following paper examines the relationship between entrepreneurship and social impact, with a focus on how social entrepreneurs develop sustainable business models that allow them to combine added social value with economic sustainability. The research will assume a qualitative research design by conducting interviews with successful social entrepreneurs and also delve into case studies of successfully established social enterprises to bring out common elements surrounding business models and characteristics of the social entrepreneurs. From this perspective, the study contributes to the growing body of knowledge in social entrepreneurship by explaining the strategies of social entrepreneurs to be applied in achieving impact and financial sustainability.

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