ArticlePloS one2023
Can social enterprises aid sustainable development? Evidence from multi-stage investigations.
Article in PloS one, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
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3 authors.
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Abstract
backgroundSocial enterprises must balance between profitability and sustainability. The impetus on sustainability grew further after the adaption of the SDG agenda by the United Nations (UN).
objectiveThis paper examines the role of social enterprises in helping attain sustainable development goals in India. RESEARCH
designThis multi-stage paper comprises three studies directed at scale development, scale refinement, pre-testing, and construct validity. The scale development stage is conducted through a combination of extensive literature review and focused group discussions. Expert discussions and item-reduction techniques have been used in the second stage aimed at scale refinement and pre-testing. The third stage of testing construct validity is carried out through Partial Least Square-Structural Equation Modelling (PLS-SEM).
resultsThe findings suggest that all the competencies of social enterprises identified in the study i.e. social mission, collaborative networks, innovation, financial viability and level of scalability significantly impact sustainable development.
conclusionBecause the goals of social enterprises and the Sustainable Development Goals (SDGs) are mutually reinforcing and complementary, the study suggests that social enterprises have a lot of potential for achieving the SDGs. The study also suggests future research directions and policy implications that can be replicated in other countries.
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