Sustainable Business Models for Social Entrepreneurs in Indonesia
DOI:
https://doi.org/10.58812/wsjee.v3i04.2435Keywords:
social entrepreneurship, sustainable business models, Indonesia, social impact, hybrid business modelsAbstract
This study explores sustainable business models for social entrepreneurs in Indonesia, focusing on five entrepreneurs who have successfully created businesses that balance social impact with financial sustainability. Using qualitative analysis through semi-structured interviews, the study examines the strategies, challenges, and opportunities that these social entrepreneurs face in achieving both their social and economic goals. The findings reveal that hybrid business models, strategic partnerships, and innovative approaches, such as technological integration and diversified revenue streams, are key to their sustainability. However, challenges such as limited access to funding, regulatory barriers, and the tension between social missions and financial demands persist. The study provides valuable insights for policymakers, practitioners, and aspiring social entrepreneurs seeking to build sustainable social enterprises in Indonesia.
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