The Essence of Social Entrepreneurship through a Georgian Lens: Social Entrepreneurs’ Perspectives

Iza Gigauri, Mirela Panait, Simona Andreea Apostu and Lukman Raimi
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Iza Gigauri: School of Business, Computing and Social Sciences, Saint Andrew the First-Called Georgian University, Tbilisi 00179, Georgia
Mirela Panait: Department of Cybernetics, Economic Informatics, Finance and Accounting, Petroleum-Gas University of Ploiesti, 100680 Ploiesti, Romania
Simona Andreea Apostu: Institute of National Economy, 050771 Bucharest, Romania

Administrative Sciences, 2022, vol. 12, issue 3, 1-19

Abstract: The attention to the phenomenon of social entrepreneurship has been especially enhanced during the current turbulent times, as social enterprises have a key role to play in solving social problems caused by the pandemic. Currently, social entrepreneurship is still an undeveloped area in Georgia, but it has the potential to contribute to the country’s economy and improve the social, ecological, and economic conditions of society. This paper analyses the concept in Georgia and explores social entrepreneurship from the social entrepreneurs’ perspective. A qualitative interview method was applied to collect the data for this study, and semi-structured interviews were conducted with the seventeen Georgian social entrepreneurs from May–June 2021. The research reveals the drivers of social entrepreneurs and investigates the financial sources of social enterprises. It also discusses the practice of social entrepreneurship in terms of preventing and supportive factors while adopting the concept in transition economies, particularly in Georgia. The research demonstrated an urgent need for legislation to regulate the field of social entrepreneurship and formalize it.

Keywords: social entrepreneurship; social enterprise; social entrepreneur; funding; sources; innovation; Georgia (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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