Legal support of social entrepreneurship: regional and international experience

Abstract

The search for understanding the essence of "social entrepreneurship" provides a unique opportunity for scientists and practitioners to study and rethink different concepts and assumptions from areas of business, law and management. This article puts forward a point of view on social entrepreneurship as a process that catalyzes social change and satisfies important social needs in such a way that direct financial benefits do not dominate in the work of social enterprises. It is believed that social entrepreneurship differs from other forms of entrepreneurship in the higher priority given to the promotion of social value, rather than obtaining economic benefits. The article examines the essence and concept of social entrepreneurship as an object of legal regulation, the practical experience of different countries in this direction, the assessment of the legal regulation of the sphere of social entrepreneurship and socially oriented business on the example of the Republic of Moldova, successful examples and practical recommendations for improving the effectiveness of the mechanisms for implementing socially oriented business projects.