THE DEVELOPMENT OF SOCIAL ENTREPRENEURSHIP AS A TOOL FOR ECONOMIC PROGRESS Cover Image

THE DEVELOPMENT OF SOCIAL ENTREPRENEURSHIP AS A TOOL FOR ECONOMIC PROGRESS
THE DEVELOPMENT OF SOCIAL ENTREPRENEURSHIP AS A TOOL FOR ECONOMIC PROGRESS

Author(s): Cristian Piecu
Subject(s): Business Economy / Management, Labor relations, Economic development
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: social entrepreneurship; economic mechanisms; disadvantaged groups; labour market;

Summary/Abstract: This paper addresses the need to develop social entrepreneurship as a tool for economic progress, but also as a way to support community needs. Thus, social entrepreneurship comes to use economic mechanisms and profit-generating activities to support social causes. A social economy structure pursues several directions at the same time, one social and one economic, unlike a pure commercial enterprise, which has a single purpose. The aims of a social economy structure are not always in line, there are conflicts of purpose and a certain managerial dynamic. The levers needed to achieve this objective are primarily economic mechanisms, supported by better legislation, with the ultimate aim of facilitating the labour market integration of disadvantaged groups by providing the financial support needed to advise people on how to start a business. This is the only way to ensure the successful implementation of new businesses and their long-term continuity.

  • Issue Year: 8/2023
  • Issue No: 3
  • Page Range: 49-52
  • Page Count: 4
  • Language: English