Social Entrepreneurship as a Subject of the Market Economy and Consumer Society: Essence, Specifics and Tendencies of Development

Aleksei V. Bogoviz ()
Additional contact information
Aleksei V. Bogoviz: Independent Researcher

A chapter in Economic Issues of Social Entrepreneurship, 2021, pp 323-330 from Springer

Abstract: Abstract Purpose: The purpose of this research is to determine the essence, specifics, and tendencies of development of social entrepreneurship as a subject of market economy and consumer society. Design/methodology/approach: Regression analysis is used for determining regression dependence (building regression curves) of the social entrepreneurship index on the factors of the market economy and consumer society: buyer sophistication and extent of market dominance separately in developed and developing countries. Findings: It is determines that both wide and narrow treatments of social entrepreneurship are met in the modern business practice. This allows formulating a universal definition of social entrepreneurship as a subject of business activity, which functions in the conditions of extent of market dominance, reacts flexibly to the signals of the market economy and requirements of consumer society, and implements corporate social responsibility and/or non-profit activities. Originality/value: As the empirical experience of 2020 has shown, non-profit social entrepreneurship dominates in developed countries and responsible social entrepreneurship dominates in developing countries. The determined specifics of developed and developing countries have to be taken into account during state and corporate management of social entrepreneurship’s development. The latest universal tendencies of social entrepreneurship’s development include the increase of its accessibility (reduction of entering barriers), achievement of its popularity, and emergence of a new direction in the conditions of the COVID-19 pandemic and crisis in 2020 – support for healthcare.

Keywords: Social entrepreneurship; Subject of the market economy; Consumer society; Developed countries; Developing countries; C31; D23; D71; F23; L22; L23; L25; L31; L33; L44; M14; M21; N30; O35; P33 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-030-77291-8_30

Ordering information: This item can be ordered from
http://www.springer.com/9783030772918

DOI: 10.1007/978-3-030-77291-8_30

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().