Internationalization of Greek Social Enterprises as a Sustainability and Development Strategy

Georgios N. Magoulios, Dimitrios Kydros and Anna Trichopoulou
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Georgios N. Magoulios: International Hellenic University, Greece
Dimitrios Kydros: International Hellenic University, Greece
Anna Trichopoulou: Health Regional Authority of Macedonia and Thrace, Greece

South-Eastern Europe Journal of Economics, 2019, vol. 17, issue 2, 239-266

Abstract: The aim of this paper is to identify and highlight those conditions and characteristics that will facilitate the internationalization of Greek Social Enterprises (GSEs) and, thereby, enhance their sustainability and performance characteristics. In Greece, social enterprises have a very low degree of internationalization. Assessed on their fundamental characteristics (turnover, employment, size), they fail to respond to criteria of extrovert Social Enterprises. We also highlight policy measures that may support and encourage social enterprises to internationalize. Through internationalization, positive effects on the viability and further development of GSEs will emerge, specifically related to strengthening their competitive position in the domestic and international markets, by raising capacity innovation, increasing sales, creating new jobs and acquiring a healthier financial position.

Keywords: Multinational Firms; International Business; Social enterprises; Greece; Internationalization (search for similar items in EconPapers)
JEL-codes: F23 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:17:y:2019:i:2:p:239-266

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