Summary: Strategies And Stakeholders - Week 3 Efb Mcm
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1 Introduction
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How are social enterprises different from nonprofits?
Social enterprises operate like a for-profit business by acquiring funds through the sale of products/services to the public, whereas a nonprofit ususally gains funds through fundraising efforts. -
2 Mair, 2020
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What is, according to Mair (2020) the definition of social entrepreneurship?
Social enterprises address socialproblems by means of markets. -
What is understood about the goals of social enterprises?
They are commonly understood as having dual - commercial and social - goals at the same time. -
2.1 Trends
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What are general trends within Social Entrepreneurship?
Increasing in number andinfluential in policydiscourses (written or spokencommunication ) aboutsolutions to social andenvironmental problems ,fitting well with abroader neoliberal trend ofmarket-based approaches. -
What does the approach of Mair (2020) focus on?
Mair advocates a contextual approach: 1,045 social enterprises in 9 countries. One size and form does not fit all! -
2.1.1 Findings
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What is meant when is said: One size does not fit all!?
Social enterprises across but also within countries differed considerably in terms of revenues and numbers of employees. -
2.2 Legal Form as Choice
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For the different countries that were surveyed again "one size does not fit all" for legal forms, what was found?
A variety of legal forms are used and they are not bound by the legal form that they choose. -
Legal form is neither a uniform nor defining characteristic of social enterprises, but what do they strongly influence?
The nature of the organisations. -
What are the two key legal forms that were used? And what was used by 13% of the organizations?
Non-profit forms andfor-profit forms. 13% chose a dualarrangement ,combining legal forms within and acrossnonprofit andfor-profit legal statuses. -
2.3.1 Financing Social Enterprises
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What are, according to the lecture and article, the four funding sources?
Fees and sales of products and services - 57% of total financingGrants - 26% of total financingDonations Investments
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