Abstract

The article is devoted to the study of the concept of "social entrepreneurship" and "social business" amid rapid development and integration of classical entrepreneurship, its basic principles and business models. The authors identify the role of social issues and society as a motivating factor for the creation of social enterprises. Theoretical interpretation of the concepts of "traditional enterprise with social responsibility", "social entrepreneurship", "social business" has been given. The importance of business social responsibility and cooperation with social enterprises has been outlined. Based on the comparative analysis, the main differences and common features of a classic enterprise with social responsibility and social entrepreneurship have been identified. This allowed to highlight the advantages and disadvantages of each form of management. The world trend of social entrepreneurship development and the importance of introducing social responsibility for businesses have been determined. Five opportunities for the development of social entrepreneurship in Ukraine have been studied. It has been proved that the lack of social entrepreneurship regulatory framework is an obstacle to the development of social entrepreneurship and its consolidation as an innovative form of management. Analysis of the best country for the development of social entrepreneurship has been provided and the leading countries in the development of the form of management with social guidelines have been identified. It has been proved that the main objective of social entrepreneurship is to solve the problems of society, which is a priority in the activity, and to obtain certain benefits.

Highlights

  • The study objective is a theoretical definition of the concept of "social entrepreneurship", distinguishing of its features in comparison with other forms of management in order to determine the possibilities of its development intensification in the national economy

  • If in social entrepreneurship the request for social change is made by the company's CSR Department (Corporate Social Responsibility Department), in social business model it depends on the audience [7]. - social entrepreneurship comes from charity, and social business originates from social media reputation

  • International ranking indicators are the important tool for the assessment of social entrepreneurship development in Ukraine

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Summary

Statement of the problem

Nowadays the issues referring people with disabilities, environmental disasters, vulnerable populations, inclusion, domestic tourism, animal protection, organic production, healthy nutrition, access to education, qualified medical care are taken into consideration simultaneously with the common issues of corruption, unemployment, hunger, domestic producers and local markets support, inflation, compulsion, racism, equality of rights and freedoms. The topic of inclusion has become relevant for the last 10 years, and it has become the social vector in the international public policies and business models. According to the 17 goals of the UN sustainable development the results of all implemented processes are aimed at the well-being and happy future for the generations. Taking into account the Asian principle of entrepreneurship, one can say that many centuries ago they realized that the main resource is a person, who creates problems and does everything possible to solve them, as well as tries his/her best for the comfortable life

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