Business Management and Social Innovation: A Synergistic Approach to Sustainable Development in India

Abstract

This paper explores the dynamic intersection of business management and social innovation in driving sustainable development in India. It examines how business leaders, academic institutions, and policymakers can collaboratively foster inclusive growth through innovative social solutions embedded within corporate strategy. Drawing on case studies, theoretical frameworks, and policy analysis, the study illustrates the synergistic potential of integrating social innovation into core management functions to address pressing socio-economic challenges. The paper concludes by emphasizing academia’s pivotal role in generating knowledge, nurturing socially responsible leaders, and shaping policy discourse to achieve the Sustainable Development Goals (SDGs)