In this paper, we addressed issues regarding the importance of social innovation (SI) and social entrepreneurship (SE) within a society which is in a profound and rapid change and transformation that marks all the areas of social life. | Social innovation and social entrepreneurship- an elucidation for the problems of modern society International Journal of Management IJM Volume 8 Issue 1 January February 2017 217 Article ID IJM_08_01_025 Available online at http ijm JType IJM amp VType 8 amp IType 1 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication SOCIAL INNOVATION AND SOCIAL ENTREPRENEURSHIP- AN ELUCIDATION FOR THE PROBLEMS OF MODERN SOCIETY Dr. Sanjeev Kumar Assistant Professor University of Delhi India Sanchita Raghav Assistant Professor Amity University Haryana Gurgaon India Apoorva Raj Amity University Haryana Gurgaon India Ankit Tiwari Research Scholar Amity University Haryana Gurgaon India Mohan Gautam Amity University Haryana Gurgaon India ABSTRACT In this paper we addressed issues regarding the importance of social innovation SI and social entrepreneurship SE within a society which is in a profound and rapid change and transformation that marks all the areas of social life. The fundamental objective of the study was to analyze the concepts of social innovation and social entrepreneurship as providers of both social value and growth of life quality. We highlighted the inter-conditioning relationship between these two concepts and showed the need for social innovations to respond to some challenges of the society such as aging budgetary pressure and others. This paper proposes a model of social entrepreneurship at the intersection of three sectors state market and civil society in its efforts to meet the more and more sophisticated requests of the contemporary society. Thus the whole society must be connected to the new innovative social models. Key words Innovation Social Entrepreneurship Social Innovation transformation value public sector Cite this Article Dr. Sanjeev Kumar Sanchita Raghav Apoorva Raj Ankit Tiwari and Mohan Gautam Social Innovation and .
