The Role of ICT-Enabled Social Enterprise for Promoting Social Investment

Author(s):  
Fiorenza Lipparini ◽  
Joshua Phillips

Europe is facing unprecedented challenges, from globalisation to migratory flows, changing family structures, ageing populations, inequality and social exclusion, unemployment, and so on. To meet these challenges, we need to modernise EU social protection systems by expanding the social investment dimension of social spending, while taking advantage of technological advancements and multi-stakeholder partnerships to drive change in the welfare system. Within this context, this chapter focuses on the role of Information Communication Technology (ICT) enabled social enterprises for promoting social investment. First, we outline the social enterprise landscape in Europe, going beyond fuzzy concepts to highlight the key characteristics of social enterprises that make them important for social change. Second, we outline key ways in which social enterprises are using ICT in their activities to achieve varied socio-economic goals: from using social media to scale up, to improving organisational management, and expanding service offerings in healthcare, education, the labour market, and other social fields. Our analysis is based on findings from our study on the role of social enterprises in delivering ICT enabled social innovation initiatives promoting social investment approaches, carried out by the authors in the framework of the European Commission’s ICT-Enabled Social Innovation (IESI) project. (See https://ec.europa.eu/jrc/en/iesi.) We find that ICT-enabled social enterprises are particularly important for social investment, given their ability to combine technological and social innovation, and their focus on meeting community-specific needs that can be scaled up. We encourage research and policy commitments to further test and validate how social enterprises can catalyse public-private partnerships for the delivery of public goods to safeguard our Social Europe.

Author(s):  
Anja Herrmann-Fankhänel

Socially sustainable development can be driven by individuals, entrepreneurs, growing start-ups, and international companies. As social entrepreneurs, people opt for a form of organization that contributes to social improvement through entrepreneurial means. The question is: How do they do it? The resource dependence approach (RDA) assumes that all decisions and activities of a (social) enterprise are based on information about its environment. Therefore, the four key components of the social enterprise (individual, organization, social innovation, market orientation) must be appropriate. In this chapter, therefore, social enterprises are outlined as active participants and shapers of the economy and society. Since an active improvement with regard to socially sustainable development is focused by the social enterprises in Africa, a description of the social enterprise's environment is also given within the framework of topical focuses. The goal is to derive recommendations about action for social enterprises to achieve their goals.


2018 ◽  
Vol 11 (7) ◽  
pp. 76
Author(s):  
Hsiao-Ming Liu ◽  
Shang-Yung Yen

Taiwan's aboriginal tribes have long been affected by political forces and market economy model, and the aboriginal people living in remote mountainous areas with lack of information have met with a lot of economic and social problems and challenges such as loss of land and traditional culture, aging population and stagnation of tribal industry development. Therefore, the original self-sufficient tribes began to prone to “poverty”, and this is one of the most critical social issues for Taiwan to cope with. The purpose of this paper is to discuss the concept of "social economy" in the aboriginal tribes, to develop and restore the sharing economic cooperation model, to increase collective interests and to set up tribal social enterprises, so as to address the crucial social issues.This study will adopt the method and experience of socio-economic analysis to study the action plan of Seediq, a division of Taiwanese aboriginals, and their experience of social and economic organization and operation, and reflection on the social enterprise system. The main research is to explore the social economy in the Meixi tribe, the status quo and future development, and how to employ social innovation to promote the tribal social enterprise planning and business model.


2021 ◽  
Vol 5 (1, Special Issue) ◽  
pp. 120-130
Author(s):  
Michael Snowden ◽  
Roopinder Oberoi ◽  
Jamie P. Halsall

COVID-19 has overwhelmed and stretched existing healthcare infrastructure in both developed and developing economies and pushed governmental response mechanisms to the brink. Globally, governments elicited the call for corporate support, asking social entrepreneurs and social business ventures to organise efforts to build voluntary support for the large-scale response needed during the sudden lockdown disruptions. By April 2020, 26.5 million jobs were lost in the US alone (Lambert, 2020), global stocks plummeted at least 25% and gross domestic product (GDP) contracted significantly for all countries. With reduced domestic demand for non-food goods, reduced foreign demand for US goods exports, supply-chain disruptions, and plant closures, the manufacturing sector saw a huge decline (Reinicke, 2020). Governments all over the world announced massive stimulus packages. The US has approved $2 trillion financial support to combat the economic downturn so far (Emma & Scholtes, 2020) and EU finance ministers have recently approved €500 billion in stimulus measures (Riley, 2020). It is estimated that the global economy will grow at -3 percent in 2020. This article sheds light on the role of social enterprises in addressing the societal problems caused by COVID-19. The authors highlight the efforts of virtual and collaborative associations who seek to swiftly recognise issues and develop solutions, which create social value and alleviate the plights of suffering communities. This article sheds light on the role of social enterprises in addressing the societal problems caused by COVID-19. The authors highlight the efforts of virtual and collaborative associations who seek to swiftly recognise issues and develop solutions, which create social value and alleviate the plights of suffering communities. The authors place emphasis upon the role of the social entrepreneur in developing a way forward in these challenging times and present a contemporary conceptualisation of the social entrepreneur in the form of an “avatar” and the impact that this may have on social enterprise.


Author(s):  
Roopinder Oberoi ◽  
Walter Mswaka ◽  
Francisco José B. S. Leandro ◽  
Michael Snowden ◽  
Jamie P. Halsall

This exploratory study aims at understanding the social aspects of the Fourth Industrial Revolution by suggesting how the interface involving technological innovation and social innovation can resolve societal and socioeconomic problems with stress on sustainable development. The authors view social innovation and social enterprise as new amalgam for solving social problems in the era of the Fourth Industrial Revolution. By applying theoretical analysis of the existing literature about the correlation between the Fourth Industrial Revolution and social innovation and social enterprise, they aim to describe the opportunities, forms, and the challenges unfolding in this new age. UK and China case studies will provide the empirical evidences that could support social innovators and social enterprises understand the implications in fields of application of the Fourth Industrial Revolution plus the interplay between them.


Author(s):  
Neeta Baporikar

Evidence supporting the budding role of social enterprises in fostering sustained socio-economic development of regions and communities across the globe are evolving continuously. Hence, the global upsurge in the social enterprise research and practice is appreciated, considering social enterprise primarily is presumed to have great potential in solving a range of social problems. Even though social entrepreneurship and social enterprise have remained central and thought-provoking in the realm of scholarly investigation for the past few decades, the emerging literature on social enterprise and their role in economic development is riddled with theoretical inconsistencies and definitional controversies. Thus, little or no rational knowledge about their functioning and management is available. Further, factors influencing the sustainability of social enterprises have rarely been explored and deliberated. Thus, the purpose of this chapter is to identify and analyze the factors which influence the sustainability of social enterprises with focus on India.


Author(s):  
Chinmoy Bandyopadhyay ◽  
Subhasis Ray

Social enterprises are created to solve social problems through market-based interventions. While the existing literature describes the types and nature of marketing in social enterprises, the role of relationship marketing in social value creation has not been considered. This chapter explores the role of a relationship approach to marketing to enhance the acceptability of social enterprises and their innovative solutions. The chapter uses an illustrative case of an Indian social enterprise. The case describes how a social enterprise uses relationship marketing with their stakeholders for the successful adoption of social innovation and its sustainability. The findings indicate three enabling factors for relationship marketing: customer-orientedness, mutual trust and commitment, and a supportive institutional setup. A relationship marketing approach helps social enterprises in two ways, co-creation of value and customization of the offering. The case contributes to our understanding of the role and relevance of strategic marketing approaches in addressing social problems.


2021 ◽  
Vol 12 (01) ◽  
Author(s):  
Sandor  Bozsik ◽  
◽  
Judit Szeman ◽  
Zoltán Musinszki ◽  
◽  
...  

Innovation is a key element of economic development and a key factor in social processes. Technological and economic innovations cannot respond to all social challenges. However, innovation - the search for new and innovative solutions - needs to be interpreted more broadly than before. In line with social changes, the European Union pays more attention to the context of social innovation. The social enterprises play a vital role in modern societies. The subject of our study is social cooperatives, which are a type of social enterprise. The social cooperatives offer an opportunity to improve the employment skills. However, the management of this enterprises faces several dilemmas how can build up an effective control system of a social enterprises in Central-Europe. As our questionnaire stated, the major problem of social cooperative is the quality of available labour force. This paper focuses the applicability of the traditional Balanced Scorecard system to the special needs of a social cooperative. Here one area of the Balances Scorecard will be highlighted – the Human Resource management and how the tools can be effectively adapted to the social cooperatives. A report system and a ratio analysis tool are developed to help the work of social cooperative managers. The focus of this paper research question how can improve the monitoring of Human Resource Management in social enterprises like social cooperatives. In the introduction part of this paper the importance of social innovation is emphasized, and a brief introduction to the development of controlling tools is provided. Next, part of our broader questionnaire is presented to highlight the importance of Human Resource Management in the Hungarian social cooperatives. In the discussion part a special BSC is presented which is based on Bull’s social enterprise Business Scorecard system. The Human Resouce Management should consider the regulatory requirements of granting authority, so these are briefly introduced. Finally, some indicators and tables are presented which can help the Human Resource Management in a social innovation enterprise.


2021 ◽  
Vol 10 (5) ◽  
pp. 309
Author(s):  
Yusuf Iskandar ◽  
. Joeliaty ◽  
Umi Kaltum ◽  
. Hilmiana

There is a need for competition and having a competitive advantage for every enterprise. Moreover, a social enterprise is expected to maintain itself and expand exponentially through innovation and the application of technology. The need to survive implies the need for social innovation within the organizations. When the organization's goal is established, which is the prerequisite for starting a social enterprise, innovation aims to solve the problem. Innovation is a learning outcome that manifests itself into new product features, new products, or production methods. Social innovation is an incremental form of innovation because it emerges from the social needs of a community. The kind of innovation produced is oriented towards the community to provide a solution to their problem. Social enterprises have worked tirelessly to create solutions to the social issues that specific communities are facing. The findings in this research highlight intellectual capital as one of the most fundamental assets in a social enterprise. When discussed in terms of its three branches, intellectual capital's performance of social enterprises is significantly improved.   Received: 8 July 2021 / Accepted: 19 August 2021 / Published: 5 September 2021


2020 ◽  
Vol 31 (1) ◽  
pp. 24-45
Author(s):  
Claudia Petrescu ◽  
Mihaela Lambru

Social enterprises are embedded in the local context, their organizational characteristics and operational strategies being influenced by the institutional settings, political culture and historical traditions and events. Similar to other European countries, Romania has included the modernization of the welfare systems in the development agenda of the last decade. One of the areas of interest was to better understand and promote the dynamics of the social enterprises as economic, social development actors and facilitators. From a neo-institutionalist perspective, this paper aims to explore the role of social enterprises as a component of Romanian welfare system. It starts with an overview of the history of the Romanian social enterprise, its roots and drivers; it continues with the identification of the roles, challenges and development processes of the social enterprises as welfare services. Keywords: social economy; social enterprise; welfare system.


Author(s):  
Fabio Prado Saldanha ◽  
Natalia Aguilar Delgado ◽  
Marlei Pozzebon

This case examines the major challenges faced by Productions Jeun’Est (PJE) and Prodigium, a social enterprise working in the cultural sector. The profits generated by Prodigium’s activities in the entertainment field are invested in the PJE training program that aims to increase the social inclusion of vulnerable youth by training them to be technicians in the cultural market. By studying this case, students are expected to understand the elements of a social business model, to analyze the role of the different elements forming a social innovation and to evaluate the challenges of planning its transfer to another context.


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