Socio-economic and Environmental Factors Influencing Social Entrepreneurship: Demystifying Pathways to Community Development

Authors

DOI:

https://doi.org/10.53983/ijmds.v14n8.015

Keywords:

Community Engagement, Environmental Awareness, Economic Factors, Venture Sustainability, Social Impact

Abstract

This study examines the influence of socio-environmental and economic factors on the success and impact of socio-entrepreneurial ventures in Rajasthan. By analyzing data from 240 socio-entrepreneurs across three districts, the research highlights the critical role of community engagement and environmental awareness in fostering the development and sustainability of socio-entrepreneurial initiatives. Findings indicate that socio-entrepreneurs thrive in environments characterized by strong community support and high environmental consciousness, which enhances resource sharing, collaborative innovation, and venture sustainability. Economic factors also significantly impact socio-entrepreneurship, with access to funding and supportive economic policies proving essential for venture growth. Financial resources, including grants, impact investments, and microfinance, alongside favorable policies such as tax incentives and subsidies, facilitate the scaling of socio-entrepreneurial projects. The study emphasizes the need for a holistic approach that integrates socio-environmental and economic considerations to support the success and impact of socio-entrepreneurial ventures.

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Author Biographies

Heena Siroya, Research Scholar, Faculty of Management, Sir Padampat Singhania University, Udaipur

Heena Siroya is a dedicated research scholar at Sir Padampat Singhania University, Udaipur, with a strong academic background in socio-entrepreneurship and business models. Her research focuses on exploring innovative approaches to social enterprise development, emphasizing sustainable and impactful business strategies. She has made significant contributions to the academic community, having published five research papers in reputed journals. Additionally, she has actively participated in seven national and international conferences, presenting her research insights to a diverse audience. Her commitment to continuous learning is evident from her engagement in eight workshops, further enhancing her entrepreneurship and business innovation expertise. With a keen interest in socio-entrepreneurship, Heena is passionate about studying the intersection of business and social impact. Her research aims to bridge the gap between economic sustainability and social responsibility, fostering inclusive growth. Through her scholarly work, she aspires to contribute to the evolving landscape of socio-entrepreneurship and inspire future researchers and practitioners in the field.

Dr. Manish Dadhich, Associate Professor, Faculty of Management, Sir Padampat Singhania University, Udaipur

Dr. Manish Dadhich is PhD from the Department of Commerce, EAFM, University of Rajasthan, Jaipur, M.Com., UGC-NET (Commerce); MBA, UGC-NET (Management), RPSC-SET (Management). He has 16+ years of teaching experience in various colleges, universities, and corporate sectors, a rare blend of academia, industry, corporate consultancy, and research. He is presently working as an Associate Professor at Faculty of Management, Sir Padampat Singhania University, Udaipur. He has published 80+ research papers in reputed international & national journals indexed in Scopus/SCI/IEEE/ABDC/WoS. He also presented more than 60 research papers at national and international conferences. He is a reviewer, advisor, and editorial board member of various reputed International Journals and Conferences of IEEE, Springer, and Elsevier. He has published numerous case studies of international repute, earning prestigious recognition on a global scale. Moreover, he is in charge of Program Officer of National Service Scheme (NSS), member of the Directorate of Research, Secretary of SPSU Alumni Society and admission team. Presently six scholars are pursuing PhD under his supervision. Two of his PhD students awarded degree in 2024. He was awarded two gold medals in the National Conference for the best research paper. He has published one textbook and three edited books. He is a regular invitee for FDP, research workshops, orientation, and refresher course lectures. He was also awarded one Australian patent and published two Indian patents. Further, his major research focuses on Finance, Banking, FinTech, Econometrics, and Statistics.

Dr. Disha Mathur, Associate Professor, Faculty of Management, Sir Padampat Singhania University, Udaipur

Dr. Disha Mathur has a rich academic and research experience of over 20 years. Presently she is working as Associate Professor at School of Management, Sir Padampat Singhania University. Along with academics she engages in administrative responsibilities like being the Director, IQAC and President of the Institution’s Innovation Council of Sir Padampat Singhania University. Her academic qualifications include UGC-NET (Management) in December 2003, Ph D in Marketing from Mohanlal Sukhadia University, Masters in Business Administration (Marketing) From MLS University and Bachelors in Business Management from MLS University. Her Research interests include Consumer Behaviour, Integrated Marketing Communication, etc. Her work has been published in various national and international journals of repute. She has over 36 publications in Scopus, ABDC, Web of Sciences & UGC Care Indexed journals and has several presentations in both national and international seminars and conferences. She has co-authored a book on Human Resource Management. She is a certified instructor for the GMCS program convened for Chartered Accountants. As an active member of the Indian Society for Training and Development she is regularly engaged in conducting Executive Training Sessions, Personality Development Programs and Management Development Programs. 4 scholars have been awarded Post Doctoral Degree under her supervision and 6 are pursuing currently.

Dr. Arvind Sharma, Associate Professor, Faculty of Data Science and Analytics, Sir Padampat Singhania University, Udaipur

Dr. Arvind Sharma has 19+ years of academic experience in the field of Mathematics (Engineering, Pharmacy and Management). He has completed his PhD in “Gneneral Relativity and Cosmology” from MLSU, Udaipur. He has completed his M.Phil. in Mathematics from MKU Chennai. He is working as Associate Professor in Department of Mathematics at Sir Padampat Singhania University, Udaipur. He has published more than 25 research papers in reputed national and international journals and conferences. He has attended more than 20 national and international workshops, faculty development programmes and conferences. Dr. Sharma is dedicated to mentoring students, fostering analytical thinking, and bridging the gap between theoretical knowledge and practical applications. He actively contributes to academic conferences, research publications, and industry collaborations, playing a key role in shaping future engineering professionals.

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Published

16-08-2025

How to Cite

Siroya, H., M. Dadhich, D. Mathur, and A. Sharma. “Socio-Economic and Environmental Factors Influencing Social Entrepreneurship: Demystifying Pathways to Community Development”. International Journal of Management and Development Studies, vol. 14, no. 8, Aug. 2025, pp. 129-40, doi:10.53983/ijmds.v14n8.015.

Issue

Vol. 14 No. 8 (2025): International Journal of Management and Development Studies

Section

Articles