IMR – 7th INDAM CONFERENCE PAPER: Lokasamgraha: An indigenous construct for social entrepreneurship

• Published in: IIMB management review Vol. 35; no. 4; pp. 344 - 358
• Main Authors: Singh, Diwakar, Awasthy, Richa
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01-12-2023; Elsevier
• Subjects: Indian Ethos; Indigenous Research; Lokasamgraha; Paradox Theory; Social Entrepreneurship; Triple Bottom-Line; Paradox Theory; Social Entrepreneurship; Lokasamgraha; Triple Bottom-Line; Indigenous Research; Indian Ethos
• ISSN: 0970-3896
• DOI: 10.1016/j.iimb.2023.04.005

This study aims to investigate the role of the indigenous construct lokasamgraha in the context of social entrepreneurship. We identified lokasamgraha through content analysis of the Bhagavad Gita, employing the methodological approaches proposed by Bhawuk (2010). Using the lens of paradox theory, we investigated commonly accepted tensions in social enterprises. We developed a framework to explain how lokasamgraha can assist social enterprises in managing tensions and achieving the triple bottom-line. Furthermore, we validated this framework by citing a lokasamgraha-based social enterprise in India. Finally, before concluding, we discussed the implications and future research directions.