ISSN 2394-7322 International Journal of Novel Research in Marketing Management and Economics Vol. 11, Issue 1, pp: (83-103), Month: January - April 2024, Available at: www.noveltyjournals.com Page | 83 Novelty Journals The Profound Influence of Social Entrepreneurship on the Advancement of Sustainable Development: A Systematic Review * Onileowo, Temitope Teniola 1,2 , Muharam, Farrah Merlinda 1 1 Azman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru 81310, Malaysia 2 Department of Entrepreneurship, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Ekiti State, Nigeria DOI: https://doi.org/10.5281/zenodo.10706666 Published Date: 26-February-2024 Abstract: Social entrepreneurship is a powerful tool for sustainable growth and solving societal issues. This study examined the profound influence of social entrepreneurship on the advancement of Sustainable development. The paper reviewed social entrepreneurs’ significant impact on sustainable development. Searches included Scopus, PubMed, and Google Scholar. A Scopus Indexed Journal search found 10,147 peer-reviewed studies. Analysis was divided into two sections focused on the systematic review papers and key findings. The study used 2013-2022 Scopus Indexed Journal bibliometric and statistical data. Results show that social entrepreneurs promote sustainable development by solving social issues, creating novel service delivery models, and boosting the economy. It recommends that practitioners, policymakers, and scholars encourage social entrepreneurship practice and sustainable development. Keywords: Social Entrepreneurship, Sustainable development, Sustainability, Innovation, Enterprise. 1. INTRODUCTION In recent years, there has been a growing recognition of the power of social entrepreneurship in addressing social issues and promoting sustainable development. According to Adams & Quagrainie (2018), social entrepreneurship has recently become a potent strategy for addressing societal problems and fostering sustainable economic development. Moreover, Onileowo et al. (2021) posit that social entrepreneurs are persons or organisations that use entrepreneurial principles to develop innovative solutions to social problems to produce social value. Individuals are motivated by a vision for society and can find approaches to resolving and mitigating social issues in the areas where they are situated. Social entrepreneurship goes beyond conventional business models, emphasising societal effect more than financial gain. According to Raman et al. (2022), these enterprises generate social value through innovation and produce something new to mobilise resources to solve social problems efficiently. Also, they become change agents, adopting entrepreneurial strategies to offer systemic solutions to social and environmental issues (Quaye & Mensah, 2019). Social entrepreneurship can propel sustainable development, which is the primary reason for its significance. According to Radovič-Markovič and Živanovič (2019), social entrepreneurs contribute to realising the Sustainable Development Goals by working to solve social problems and encouraging the production of new forms of social value. The innovative approach and solution have the potential to bring about beneficial social transformation, economic expansion, and environmental preservation (Yıldız et al., 2014). Both social entrepreneurship and sustainable development primarily emphasise improving the overall quality of life by bringing together environmental and social impact considerations (Uduji et al., 2021). Innovation and the discovery of new opportunities that arise in the market are two of the primary ways social entrepreneurs can bring about sustainable change. * Corresponding author’s email: teniola@graduate.utm.my