Case Study Of Rural And Social Entrepreneurship Essay On Importance Of Money In Our Life

India being the materially disadvantaged economy is characterized by hierarchical social systems based on ethnicity, caste, gender, religion, economic and social status, and other factors; limited or non-existent welfare systems; subsidies eliminated as part of debt reduction programs; and a high level of unemployment.

These features can be a stimulant to prospective entrepreneurs, though such entrepreneurs face characteristics uncertainty and risks due to political, social, and economic instability and lack of access to capital and institutional support (Leff ).

This study tries to examine a community-based entrepreneurship through a case study approach with an implicit research question on how it can lead to livelihood development and eventual empowerment of the community at large.

This paper is comprised of a conceptual and empirical analysis, with the application of a case study method in a community-based retail chain for furthering of the concept, with the application of a case study method in a community-based retail chain with an aim of understanding the concept further.

To overcome this limitation, triangulation technique has been applied to confirm the validity of the process.

By replicating the case through pattern-matching, a technique linking several pieces of information from the same case to some theoretical proposition has helped to raise the level of confidence in the robustness of the method.

Entrepreneurial activities creating local public goods for a community have a comparative advantage over the absolute market-oriented activities.

This paper tries to follow a case study method to analyze the community-based entrepreneurship in a marginal community (Muslim).

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Application of a case study relied on qualitative data which give descriptive accounts of the behavior of an individual, group, and enterprise.It is evident that the real effect of developmental interventions has been compromising in respect to community development and eventually contributes to the creation of real poverty rather than alleviation (Cornwall ).A major issue in developmental activities is that projects are generally conceived and implemented by agencies rather than by community members.Although this study emphasis on qualitative research for the formulation of key concepts and operationalization; another important requirement is the availability of a requisite data, and it is rather problematic in general for the formulation of key concepts and operationalization, a second requirement is the availability of a requisite data, and this is still rather problematic in general.Expectedly, this study is based on primary data on the case.To alleviate poverty, development agencies and multinational organizations have been greatly involved in interventions in the developing world for many decades.It has been observed that the most widely adopted approaches have often been paternalistic, even if unintentionally, while ignoring the strength of local institutions (Davis ).Generally, developing or poor countries suffer from adverse determinants in the context of entrepreneurial activities.In the case of India, these determining factors are more in number and pronounced.A recent research and theory on transitional economies, together with growing interest in micro-credits, has an effect on community issues as principal elements of entrepreneurial activity among underprivileged people (Bates ), and efforts to encourage entrepreneurship in developing countries have been shaped by a western outlook.But societies differ substantially in the degree to which they incorporate elements of entrepreneurship (Hofstede ).

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