Journal of Islamic Economic Development
Vol. 1 No. 2 (2024): Journal of Islamic Economic Development

SOCIAL ENTREPRENEURSHIP AND ITS IMPACT ON SOCIETY: A QUALITATIVE STUDY OF BUSINESS MODELS AND SUSTAINABLE GROWTH

Fauzi Hidayat, Lutfi (Unknown)



Article Info

Publish Date
05 Jun 2024

Abstract

This study explores social entrepreneurship and its impact on society through a qualitative investigation into business models and sustainable growth. Successful social entrepreneurship business models often incorporate innovation, collaboration with local stakeholders, and the use of technology to increase efficiency and scalability. Sustainable growth is achieved through smart resource management, development strategies and diversification of revenue sources. In addition, the ability to address social challenges and adapt to changes in the external environment also plays an important role in the sustainability of social enterprises. The objective of this research is to understand how social entrepreneurship business models are designed and implemented and how they contribute to sustainable growth.This research uses a case study methodology to analyze several successful social enterprises in areas such as education, health and the environment. Data was collected through document analysis. The study concludes that social entrepreneurship not only has the potential to address various social and economic challenges, but also contributes to inclusive sustainable development. The findings have important implications for policy makers, business practitioners and academics in developing strategies to support and strengthen the social entrepreneurship ecosystem.

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Journal Info

Abbrev

st

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Islamic Economic Development (abbreviated as J.Isl.Eco.Dev) is a premier double-blind peer-reviewed journal dedicated to fostering multidisciplinary research in the field of Islamic economics and its applications in contemporary society. With a focus on promoting sustainable economic ...