Examining The Impact Of Social Entrepreneurship On Empowering The Transgender Community In India: An Empirical Analysis

Abstract

This empirical study investigates the role of social entrepreneurship in empowering the transgender community in India. Through a quantitative approach, data was collected from a purposive sample of transgender individuals across various regions in India. Key variables including social entrepreneurship engagement, empowerment levels, demographic characteristics (such as age, income, and education level), and years of involvement in social entrepreneurship were measured. Statistical analyses, including correlation and regression, were conducted to examine the relationships between these variables. The results revealed significant positive correlations between social entrepreneurship engagement and empowerment levels, indicating that active involvement in entrepreneurial activities aimed at addressing social issues within the transgender community contributes to greater empowerment. Regression analysis further demonstrated that social entrepreneurship, income, and years of involvement are significant predictors of empowerment, highlighting their crucial role in fostering positive outcomes for the transgender community. Entrepreneurship is an act of creating and setting-up a business with a touch of innovation, taking all the financial risk and accepting all the monetary rewards in return. Social Entrepreneurship (SE) is a type of entrepreneurship which is performed with social vision to contribute in social value. This study is focused on one of the most marginalized communities of the world- the transgender community. In this paper; the effect, possibilities and opportunities that SE holds with it for the betterment of the trans-community is studied.  The study referred to secondary sources of information and the findings show that despite legally recognized as third gender, the trans-community in India faces huge discrimination due to social exclusion. It was also found that SE plays a vital role in the upliftment of trans-community by creating employment opportunities within the community itself rather than relying on external help.

Keywords: Social Entrepreneurship, Transgender Community, Empowerment, Employment, Economic growth and development.