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Research Article 


Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy.

Abstract
Social entrepreneurship has received considerable attention of government and researchers in recent times. Social entrepreneurship by its’ very nature is driven by a social cause. Though no entrepreneur can sustain without financial surplus, but this is the class of entrepreneurs who understand the difference between need and greed. They move ahead because of their clear vision and inspiring determination. They act as a catalyst to bring about a more than significant change to the society’s immediate need.
Here we present two cases 1) Narayana Hrudavalay 2) Gramin bank
Both the cases present for profit scheme but with priority on social wealth creation than economic wealth creation. Both of these social enterprises instead of competing with local government made them partners in their venture which took their business model to national and international level. Their human thought process and grit enabled them to provide globally benchmarked services at lowest possible cost to people who till then did not have access to these services at all.
A study of these cases would help develop insight into the emerging area and facilitate do further research into this pleasant arena.

Key words: social entrepreneurship, social enterprise, social entrepreneurs, social cause, competition


 
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How to Cite this Article
Pubmed Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. EEO. 2021; 20(5): 3125-3130. doi:10.17051/ilkonline.2021.05.337


Web Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. http://ilkogretim-online.org//?mno=65167 [Access: April 09, 2021]. doi:10.17051/ilkonline.2021.05.337


AMA (American Medical Association) Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. EEO. 2021; 20(5): 3125-3130. doi:10.17051/ilkonline.2021.05.337



Vancouver/ICMJE Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. EEO. (2021), [cited April 09, 2021]; 20(5): 3125-3130. doi:10.17051/ilkonline.2021.05.337



Harvard Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy (2021) Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. EEO, 20 (5), 3125-3130. doi:10.17051/ilkonline.2021.05.337



Turabian Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. 2021. Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. Elementary Education Online, 20 (5), 3125-3130. doi:10.17051/ilkonline.2021.05.337



Chicago Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. "Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank." Elementary Education Online 20 (2021), 3125-3130. doi:10.17051/ilkonline.2021.05.337



MLA (The Modern Language Association) Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy. "Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank." Elementary Education Online 20.5 (2021), 3125-3130. Print. doi:10.17051/ilkonline.2021.05.337



APA (American Psychological Association) Style

Pinky Arora, Dr. Harish kumar, CA Shaifali Mathur, Navita Roy (2021) Social Entrepreneurship – Crafting New Business Model – Case study on Narayana Hrudayalaya and Gramin bank. Elementary Education Online, 20 (5), 3125-3130. doi:10.17051/ilkonline.2021.05.337








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