Governments need to frame proper policies to promote entrepreneurship, said Mr Amyaz A. Moledina, Director of Social Entrepreneurship, College of Wooster.
“Any government should provide clear policy and legal framework for hybrid models of social entrepreneurship,’’ Mr Moledina said.
He was in the city to address a seminar on ‘Fostering development through social entrepreneurship’ organised by the Indian Chamber of Commerce.
Mr Moledina added that a social entrepreneur should be accountable to everyone in the society and not only its customers.
To create more avenues for social entrepreneurship, corporates should also change their objectives that are solely inclined to profitability, he pointed out.