Examining Key Determinants of Success of Social Enterprises in Emerging Economy

Social enterprises play a critical role in addressing societal challenges by blending profit-making objectives with social and environmental impact, particularly in emerging economies where institutional voids and resource constraints are prevalent. This theoretical paper delves into the key determinants of their success, proposing a framework to inform both academic research and practical applications. Drawing on existing literature and theoretical perspectives, it posits that access to funding, strong ethical leadership, strategic partnerships, and responsiveness to market demand are pivotal in shaping the growth, scalability, and sustainability of social enterprises. These factors highlight the interplay between external environmental pressures, internal resource capabilities, and stakeholder dynamics, which collectively influence the long-term viability and impact of social enterprises. By addressing these determinants, the paper sheds light on how social enterprises navigate complex socio-economic landscapes to deliver meaningful change.