Toward sustainability: the role of social entrepreneurship in creating social-economic value in renewable energy social enterprises

Hacia la sostenibilidad: el papel del emprendimiento social en la creación de valor socioeconómico en las empresas sociales de energía renovable

Mohammad Jamal Bataineh (), Carmen Marcuello and Pedro Sánchez-Sellero ()
Additional contact information
Mohammad Jamal Bataineh: Universidad de Zaragoza, España.
Pedro Sánchez-Sellero: Universidad de Zaragoza, España.

REVESCO: Revista de estudios cooperativos, 2023, issue 143, e85561

Abstract: This study explores the scope of social entrepreneurship and examines how social entrepreneurship contributes to sustainable development. Using analysis and relevant comparisons, it identifies main actors in the socialenterprise ecosystem, as well as how the entrepreneurial ecosystem adapts to social enterprises. Additionally, this study reveals how social enterprise applies in the renewable energy domain and identifies its main advantages, as well as major barriers and how to overcome those barriers. Fundamentally, this study’s findings have significant implications, for academics and practitioners in the social field. It highlights the role of social entrepreneurship as a balanced approach for long-run increases in quality of life, and it follows innovative techniques and methods to meet social needs, inherently motivated by ethical factors in equality and social fairness. On the other hand, main challenges that could confront social entrepreneurship include government regulations, problems adopting advanced technology and infrastructure, external competitive threats, limited access to public funds or loans, lack of awareness and acquisition of skills and knowledge, and inadequate knowledge about social impact measurement techniques. This research also illustrates how to adapt Isenberg's model for the entrepreneurial ecosystem in the social enterprises, which shows that the evolution of social enterprises does not occur in a vacuum; rather, the growth of social enterprise ecosystems occurs through interactions and networks with various actors in different fields such as financial politics, law, and academia. Finally, we review the practical applications of social enterprises by highlighting the main benefits of RE social enterprises: energy savings, community awareness, and the creation of favorable social externalities in rural and developing areas.

Keywords: Social Entrepreneurship; Sustainability; Social Enterprises; Ecosystem; Renewable energy.; Emprendimiento social; Sostenibilidad; Empresas sociales; Ecosistema; Energía renovable. (search for similar items in EconPapers)
JEL-codes: L31 P13 Q01 Q29 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://eprints.ucm.es/id/eprint/77905/1/2023-143(e85561)).pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucm:reveco:y:2023:i:143:p:e85561

Ordering information: This journal article can be ordered from
Escuela de Estudios Cooperativos. Universidad Complutense de Madrid. Despacho 46 Pabellón 6º. Campus de Somosaguas. 28223 Pozuelo de Alarcón, Madrid, España

DOI: 10.5209/REVE.85561

Access Statistics for this article

REVESCO: Revista de estudios cooperativos is currently edited by Escuela de Estudios Cooperativos, Universidad Complutense de Madrid

More articles in REVESCO: Revista de estudios cooperativos from Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Escuela de Estudios Cooperativos Contact information at EDIRC.
Bibliographic data for series maintained by Águeda González Abad ().