SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA
The concept of social entrepreneurship is developing rapidly, and attracting progressively increased attention from many spheres. The idea of social entrepreneurship combines the passion of a social mission with business. Since major social institutions are often regarded as ineffective and ineffi...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Editura Univeristatii "Stefan cel Mare" din Suceava
2018-06-01
|
| Series: | USV Annals of Economics and Public Administration |
| Subjects: | |
| Online Access: | http://annals.seap.usv.ro/index.php/annals/article/view/1044/910 |
| _version_ | 1819155752762212352 |
|---|---|
| author | Iza GIGAURI |
| author_facet | Iza GIGAURI |
| author_sort | Iza GIGAURI |
| collection | DOAJ |
| description | The concept of social entrepreneurship is developing rapidly, and attracting progressively increased attention
from many spheres. The idea of social entrepreneurship combines the passion of a social mission with business. Since
major social institutions are often regarded as ineffective and inefficient, social entrepreneurs are needed to solve
rising social problems with new approaches and models. The meaning of social entrepreneurship varies with people
and culture. Many use it to describe a nonprofit organization, some associate it with businesses that engage in
corporate social responsibility, and others use the notion to refer nonprofit organizations starting for-profit ventures.
Social entrepreneurship is mostly beneficial for developing countries. This initiative is gaining popularity also in
Georgia. Here, the concept is mainly associated with nonprofit/ nongovernmental organizations. The current
legislation does not take into account Social Enterprise as a legal entity. Rather, Georgian NGOs launch social
enterprises with start-up grants awarded by international donors. The primary objective of this study is to present an
overview of the social entrepreneurship activities by Georgian organizations. This study is based on secondary data
collected from various webpages and related articles. The key research questions are: What does social
entrepreneurship mean in Georgia? How this concept is implemented here? The research demonstrated that social
entrepreneurship in Georgia is associated with NGOs, which establish businesses to ensure continuous funding for
their social projects, causing less dependability on contributors. The social entrepreneurship sphere in Georgia ranges
from bio-products, agriculture, media, arts and culture, medical centers for vulnerable groups, to small souvenir, toy or
wheelchair factories. Although social entrepreneurship is a recent phenomenon in Georgia, the interest towards it is
increasing significantly. Social enterprises are operating in a small scale, yet the tendency shows its future spreading. |
| first_indexed | 2024-12-22T15:41:58Z |
| format | Article |
| id | doaj.art-be5783766a284c15823a28c7a0cad08c |
| institution | Directory Open Access Journal |
| issn | 2285-3332 2344-3847 |
| language | English |
| last_indexed | 2024-12-22T15:41:58Z |
| publishDate | 2018-06-01 |
| publisher | Editura Univeristatii "Stefan cel Mare" din Suceava |
| record_format | Article |
| series | USV Annals of Economics and Public Administration |
| spelling | doaj.art-be5783766a284c15823a28c7a0cad08c2022-12-21T18:21:06ZengEditura Univeristatii "Stefan cel Mare" din SuceavaUSV Annals of Economics and Public Administration2285-33322344-38472018-06-01181(27)103111SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIAIza GIGAURI0Caucasus School of Business, Caucasus University, Tbilisi, GeorgiaThe concept of social entrepreneurship is developing rapidly, and attracting progressively increased attention from many spheres. The idea of social entrepreneurship combines the passion of a social mission with business. Since major social institutions are often regarded as ineffective and inefficient, social entrepreneurs are needed to solve rising social problems with new approaches and models. The meaning of social entrepreneurship varies with people and culture. Many use it to describe a nonprofit organization, some associate it with businesses that engage in corporate social responsibility, and others use the notion to refer nonprofit organizations starting for-profit ventures. Social entrepreneurship is mostly beneficial for developing countries. This initiative is gaining popularity also in Georgia. Here, the concept is mainly associated with nonprofit/ nongovernmental organizations. The current legislation does not take into account Social Enterprise as a legal entity. Rather, Georgian NGOs launch social enterprises with start-up grants awarded by international donors. The primary objective of this study is to present an overview of the social entrepreneurship activities by Georgian organizations. This study is based on secondary data collected from various webpages and related articles. The key research questions are: What does social entrepreneurship mean in Georgia? How this concept is implemented here? The research demonstrated that social entrepreneurship in Georgia is associated with NGOs, which establish businesses to ensure continuous funding for their social projects, causing less dependability on contributors. The social entrepreneurship sphere in Georgia ranges from bio-products, agriculture, media, arts and culture, medical centers for vulnerable groups, to small souvenir, toy or wheelchair factories. Although social entrepreneurship is a recent phenomenon in Georgia, the interest towards it is increasing significantly. Social enterprises are operating in a small scale, yet the tendency shows its future spreading.http://annals.seap.usv.ro/index.php/annals/article/view/1044/910Social entrepreneurshipsocial enterprisesocial entrepreneursGeorgiadeveloping countries |
| spellingShingle | Iza GIGAURI SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA USV Annals of Economics and Public Administration Social entrepreneurship social enterprise social entrepreneurs Georgia developing countries |
| title | SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA |
| title_full | SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA |
| title_fullStr | SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA |
| title_full_unstemmed | SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA |
| title_short | SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA |
| title_sort | social entrepreneurship in developing countries case of georgia |
| topic | Social entrepreneurship social enterprise social entrepreneurs Georgia developing countries |
| url | http://annals.seap.usv.ro/index.php/annals/article/view/1044/910 |
| work_keys_str_mv | AT izagigauri socialentrepreneurshipindevelopingcountriescaseofgeorgia |