A Systematic Literature Review on the Intersection of Academic Entrepreneurial Initiatives, Social Responsibility, and the Nexus for Long-Term Impact

Abstract

A chance to make a lasting impact on modern society has arisen thanks to the growing connection between academic entrepreneurship and social responsibility. To comprehend how universities may fulfil their social obligations and foster entrepreneurialism that contributes to societal and economic development, this article explores the complementary possibilities that exist at the intersection of these two fields. In the following parts, we will examine real data and case studies to show how academic entrepreneurial initiatives can effectively include principles of social responsibility. Elements of policy frameworks, institutional culture, allocation of resources, and stakeholder expectations that facilitate or impede synergy within different domains are the primary focus of the investigation. In addition to discussing several assessment criteria that consider social, economic, and environmental implications, the essay delves into the difficulties and hurdles of predicting the long-term consequences of these joint efforts. The conversation also touches on the adaptability and resilience of academic institutions as they navigate this cooperation considering changing societal expectations, acknowledging that entrepreneurial activities are sometimes unpredictable and dynamic. provides an overview of the material covered and presents an innovative viewpoint on how academic institutions might contribute to the construction of a system where social responsibility and entrepreneurial pursuits are interdependent threads that, when pulled together, yield a future that is both equitable and sustainable. It is recommended that practitioners, educational leaders, and policymakers work together to create an atmosphere where the synergies can flourish and provide real advantages to the community. After extracting the database using the PRISM model, the analysis was carried out using VOS viewer on a final tally of 288 articles from the secondary database available through the Scopus portal. It is recommended that practitioners, educational leaders, and policymakers work together to create an atmosphere where the synergies can flourish and provide real advantages to the community.