Abstract

The article studies factors influencing the development of social entrepreneurship in the Russia in comparison with other countries. The development of social entrepreneurship in the modern world plays a significant role for the state and society. The conducted research shows the scale of social entrepreneurship and the impact of many different factors on its effective development. The article found out that social entrepreneurship in Russia can develop along a synthetic path that includes features of both countries as with a liberal economy as more socialist-oriented. In Eastern Europe, thanks to the USSR legacy, the tendency to provide population with social services through state, financed and managed mechanisms has remained. As studies of the social services sector in countries with liberal economy showed, for example, the USA, social entrepreneurship is encouraged by the state with the help of fiscal preferences. At the same time, the state practically does not provide social services transferring them to private capital. In countries with a more socialist-oriented economy, the state financial and regulatory role is more pronounced, social services are regulated in detail and are rendered both by state institutions, and within the framework of public-private partnership and private capital. In addition to factors, the author identifies the actual problems and trends in the development of social entrepreneurship through propaganda and education means. Proposals have been made on the synthetic development of the social entrepreneurship institution through education and promotion mechanisms applicable in countries with similar socio-economic conditions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.