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Conceptual Analysis On Community-Based Entrepreneurial Activities
Conceptual Analysis On Community-Based Entrepreneurial Activities
J.Premadas
Ph.D. Full Time Research Scholar
Department of Commerce, Periyar E.V.R.College (Autonomous), Tiruchirappalli
Abstract
of a social impact that will most probably be otherwise unavailable economic opportunity.
able to attract followers, customers and also This research suggests opportunity creation is a
investors. Religious-based entrepreneurship useful characteristic of community enterprises
offers a business opportunity for economic that is applicable beyond the severe income
improvement while motivating and guiding the poverty context. In this case, the creation of the
society to improve their religious beliefs and community-based enterprise facilitates the
practices which may perhaps lead to the access to the particular economic opportunity
generation of a better society. provided by the cooperative ownership of a
Matthias Fink (2013) investigated that large amount of real estate property.
community-based aspect of entrepreneurship in Ramesh Sardar (2015) delivered to
rural municipalities of central Europe one of the dalits have been at the bottom of the income and
clearest findings is that community activities social ladders, despised and exploited. Most of
and business activities function within separate the Dalit entrepreneurs face problems varying
spheres of life. Furthermore, evidence suggests from difficulties in getting enough supplies on
that municipalities struggle to provide support credit, lack of social networks, and absence of
to local SMEs as finding a balance between kin groups in the business and control of
liberal market approaches and public traditionally dominate business caste groups.
intervention is challenging. Trends in Community - Based
Paula Linna (2010) suggested that Entrepreneurial Activities
community entrepreneurship/community-level A community is the small or large
entrepreneurial models might be appropriate to social unit who has something in common, such
changing community livelihoods at least in as norms, religion, values, or identity.
two-fold situations: For investment requiring Community- based enterprises relate to a range
high capital especially relating to providing of areas including social entrepreneurship,
access to essentials such as electricity and water economic development, empowerment zones,
delivery, by which it also need collaborative grass roots enterprises, and collective
efforts of maintenance. entrepreneurship. It is on the alternative social
Handy et al. (2011) suggest that enterprise model geared towards the pursuit of
multiple goals are not a key characteristic of a community’s economic and social goals.
community-based enterprises. In their Community based entrepreneurship
empirical example from India they identify the development programme have the potential to
presence of economic goals only. However, the provide local entrepreneurs the required skills
enterprise that is the focus of the study tackles and network to grow their businesses. Focusing
poverty, which is a social as well as an on community-based entrepreneurship is a
economic problem and overcoming it can be a change from the traditional economic
social as well as economic goal. The next development approach of wooing
section discusses poverty alleviation as an manufacturers and industries into a community.
inherent characteristic of community-based In India, entrepreneurial activities are mostly
enterprises. belongs to community based which are depends
Vanessa Rattenand Isabell M. Welpe on their traditional competence in a particular
(2011) focused that Community-based, social activities. As per the Veda, caste or community
and societal entrepreneurship have increased in were classified on the basis of their traditional
importance in the past decade as globally more occupation, therefore they are the master in a
people and organizations are interested in issues particular entrepreneurial activities. When the
related to how to encourage a sustainable world community based entrepreneurial activities are
for future generations. Policy makers will also going to be strengthen and modernized with
gain from the exploration of new ways of latest technology, it would be a competitable
thinking about community-based and social entrepreneurial activities.
entrepreneurship that are addressed in this Conclusion
special issue. In India, community based
Sodhia and Tang (2011) argue that entrepreneurial activities are the age old
rural community enterprises aim to overcome concept which associated with our tradition and
income poverty of individual members within convention based on the caste system.
the community by giving them access to an