Challenges for Social Entrepreneurship

Nicoleta Panait () and Mădălina Rădoi ()
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Nicoleta Panait: Faculty of Economics and Business Administration, “Nicolae Titulescu” University, Bucharest
Mădălina Rădoi: Faculty of Economics and Business Administration, “Nicolae Titulescu” University, Bucharest

Global Economic Observer, 2023, vol. 11, issue 2, 107-112

Abstract: In recent years, several European countries have approved specific laws to regulate social entrepreneurship. The analysis of the legislation is important in the study of social entrepreneurship because the legislation brings with it specific opportunities and risks. There is a diversity of possible situations in which knowledge of the law avoids material costs, time, or brings opportunities, such as those provided for in the new tax code for social enterprises provided for by the law of the social economy, but also for the other actors of the social economy. Following the evolution of recent years, social entrepreneurship continues to be a sector that has not been fully fruitful, although around the world, many governments have developed policies and strategies to support the development of social enterprise, but they remain fragmented in most member states. It is known that social enterprises are particularly effective in the development of rural regions. This is because they support the establishment of entrepreneurial ecosystems and sustainable development models. In our presentation we aim to reinforce the principles according to which Social Entrepreneurship is a practical, innovative and sustainable type of business that benefits society in general, focusing its attention on marginalized groups in society.

Keywords: social economy; nonprofit organizations; social entrepreneurship; social enterprises; entrepreneurial opportunity (search for similar items in EconPapers)
Date: 2023-12
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