Social Enterprise and Economic Growth: A Theoretical Approach and Policy Recommendations
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2017, Vol 7, Issue 1
Abstract
Social Enterprise is a fast emerging discipline that generates social impact through an entrepreneurial approach. This study examined social enterprise and its contribution on economic growth. The theoretical analysis provides that social enterprises are essential for economic growth and play a significant contribution in local economies through job creation, improving quality of life for the local people and provision of valuable social services. The potential of social enterprises to contribute to economic growth depends on broader system of different layers in the society to influence and increase impact as change agent. Therefore, social enterprises should be included into economic processes such as in doing business, in economic policy making and in financial policy. However, a number of basic policy and legal measures are necessary to create an appropriate environment for social enterprise development that can improve the impact of social entrepreneurship in the society. The principle requirement is to create a favorable legal context which treats social enterprises similar to business organizations.
Authors and Affiliations
Moga Tano Jilenga
Keywords
Related Articles
- EP ID EP182250
- DOI 10.6007/IJARAFMS/v7-i1/2538
- Views 108
- Downloads 0
Impact of Role Ambiguity on Job Satisfaction, Mediating Role of Job Stress
In banking sector the retail banking is an important and generous sector of economy, however, generally it has been observed that job stress is increasing in this sector. Therefore, the study of the specific causes of jo...
Mobile Phones Usage and Employees’ Performance: A Perspective from Pakistan
The possibility of using financial analysis in government units under the GFS system
The study addressed the possibility of using financial analysis in governmental units in a system of government finance statistics. The problem stems from the study of privacy the Government activities and the impact on...
Impact of Organizational Conflict Strategies on Organizational Commitment at Public Universities in the North Region of Jordan
This study aimed to investigate the impact of organizational conflict strategies on organizational commitment at public universities in the north region of Jordan, the conflict management strategies represented by (Integ...
The Relationship between Social Networks and Micro Shareholders