Abstract

The article reveals the essence of social entrepreneurship, describes the main stages of its development in Ukraine. The activity of social enterprises is beneficial for the macroeconomic development of each country, as this activity makes it possible to reduce part of government spending on solving the problems of socially disadvantaged people, their employment and social adaptation. Since the beginning of the COVID-19 pandemic, social entrepreneurship has found itself in conditions of complete legal uncertainty. The crisis economic situation has created many challenges in the context of the sustainability of social enterprises, forced to reconsider existing business models, and in some cases to cease operations. The process of popularization of social entrepreneurship can be accelerated by conducting an active social and economic policy, considering its formation as an important independent direction of the policy of social and economic reforms. It is the increase in the activity of citizens through the creation of social enterprises, their cooperation with the authorities that will allow Ukraine to begin solving such an extremely important problem as building a welfare state and civil society.

Highlights

  • Social entrepreneurship is an important and effective tool for solving social problems, both for civil society and for small and medium-sized businesses in our country

  • Social entrepreneurship emerged as a response to chronic social problems: unemployment, poverty, community disunity, and so on

  • The local communities benefit mostly from the development of social entrepreneurship, because social entrepreneurship helps to: provide public services in a new way and meet the needs of the community; create working places; to enrich the professional experience of people working in social enterprises for further employment in modern market conditions; to develop communities, involving socially vulnerable and marginalized groups in public life, providing their members with jobs; to expand the activity of citizens who can solve their own problems and take responsibility for their lives; increase attention to socially disadvantaged groups, not so much by providing them with charitable assistance, but by providing them with useful socially significant work; to revive rural and urban areas and improve their social infrastructure, etc. [1, 2, 3, 4]

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Summary

Introduction

Social entrepreneurship is an important and effective tool for solving social problems, both for civil society and for small and medium-sized businesses in our country. It is worth noting that social entrepreneurship is a relatively young business tool in Ukraine, which through innovative concepts responds to social challenges, creates additional social value and, at the same time, generates income for its further development. The functioning and development of social entrepreneurship, as one of the tools for solving social problems, in this aspect is relevant. The development of social entrepreneurship in Ukraine is made possible by strengthening the role of economically active participants in the national market in supporting socially vulnerable categories of citizens and addressing socially significant issues. The spread of social enterprises in Ukraine is blocked by the lack of legislation that would regulate the activities of social enterprises and the uncertainty of key concepts and criteria for identifying such enterprises

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