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• W3135196318 abstract "The ‘rise’ and the ‘spring’ of social entrepreneurship (Steyaert and Hjorth, 2006) along with the buzz around it presently seem inevitable. This interest has stirred up almost in chorus from very diverse spheres with somewhat overlapping, partially dissimilar and even paradoxical agendas. Social enterprise and entrepreneurship “forms the ‘hybrid’ signifier and ‘oxymoron’ that can cover many diverse initiatives, oriented as an approach that can change welfare and social problems in the interfaces of the non-profit, public, voluntary, philanthropic and private sectors (Steyaert and l Hjorth, 2006:3-4) The study on Social Enterprise (SE) is reasonably fresh and the pioneering model of organization crossing the boundaries between for-profits and nonprofits has gained import. Social enterprise is located in an intermediate space of inter-sectionality between market, government and civil society.Social enterprise has become a contemporary and fashionable phenomenon within the UK. However, social enterprise is not new to the UK. Examples of social enterprise can be traced as far back as the 1840s, where a workers' co-operative led by Robert Owen was set up in Rochdale to provide high-quality affordable food in response to exploitive factory conditions, and the founder of the Salvation Army, William Booth published the “War Cry” magazine since 1879 that re-invested profits to support homeless people. Social enterprises continue to grow and make a significant contribution to the economy within the UK. In 2018, “Social Enterprise UK” illustrated that there are around 100,000 social enterprises, contributing £60bn to the UK economy, representing a 25% increase from 2015. This represents 3% of UK GDP – three times larger than the agricultural sector – and 5% of all UK employment. Similarly Social Enterprise has grown spectacularly in India, with the country being referred to as “A Social Enterprise Superpower”, a social action think tank and action hub, as well as “A hotbed for Social Enterprise” by Beyond Profit magazine, a leading Social Enterprise magazine. Social Enterprises have been extremely effective in driving development in India, home to one of the world’s largest populations still living in poverty.For several decades, scholars and practitioners have sought novel organizational models and strategies for addressing big, complex problems: scientific and technological innovation; poverty alleviation; public health; education; and environmental sustainability among others. This paper underpins the concept of Social Enterprise to understand the theoretical frameworks supporting the social enterprise hybrid ideal-type. Hybrid organizations combine institutional logics in their efforts to generate innovative solutions to complex problems. The core ideas will be examined within the landscape of empirical evidences confirming to the growing relevance of SEs in the UK and India as an organizational structure geared to created social values." @default.
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• W3135196318 date "2021-02-10" @default.
• W3135196318 modified "2023-09-23" @default.
• W3135196318 title "Social Enterprise as a Bridge between Public and Private Sectors: Stories from India and the UK" @default.
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