Role of Social Entrepreneurs for Economic Growth: A study of selected entrepreneurs from Delhi/NCR during the Covid-19 crisis
Keywords:
Covid-19 crisis, Crisis management, social entrepreneurship, social value creation, Economic growthAbstract
The Covid-19 crisis has impacted the world economy in an unprecedented way. The spread and consequences of the deadly virus have disrupted business and human lives globally. The purpose of the paper is to study the role and contributions of social entrepreneurs in the management of Covid-19 crisis to provide innovative solutions and contribute to economic growth for the betterment of society. For this purpose, in-depth semi-structured interviews were conducted with social entrepreneurs actively working during the Covid-19 crisis in Delhi/NCR. Thematic analysis was used to report the findings of the study. The study reveals the motivation factors that influence and push social entrepreneurs to work for people, especially in times of crisis. It also demonstrates the challenges and opportunities faced by social entrepreneurs to manage the crisis and create better social well-being. The paper reflects the understanding of social entrepreneurs’ role during pandemic times and thereby provides ways for managing the crisis to accelerate economic growth.
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