Abstract

Social entrepreneurship is considered to be an emergent, independent form of social responsible business implementation. «What is the state of social entrepreneurship during «Crisis 2020», how does the digital evolution occur» are the burning questions that led to the relevance of the research topic and goal setting. The main purpose is to figure out the special features of social entrepreneurship’s fostering as a virtuous tool to fulfil contemporary targets of sustainable growth in case of «Crisis 2020». Research methods: general scientific - induction and deduction, analysis and synthesis, generalization and comparison of the positioning of social entrepreneurship as a factor of economic growth in the modern paradigm of sustainable development; empirical research based on a questionnaire survey of social entrepreneurs. The positioning of social entrepreneurship as a factor of economic growth in the modern paradigm of sustainable development is scientifically substantiated based on the identification of practices in the cases of social entrepreneurship with the goals of sustainable development. The factors limiting development and the adaptive options of social entrepreneurship to the crisis conditions including online format acceptance that leads to uncovering fresh opportunities for working activities.

Highlights

  • The entrepreneurship has happened to be the determinant factor of an economical growth since the days of Adam Smith

  • «What is the state of social entrepreneurship during «Crisis 2020», how does the digital evolution occur» are the burning questions that led to the relevance of the re-search topic and goal setting

  • 2.2 Methods The choice of the forward methods for research were defined by the goal set previously and the taken directions for sustainable development of social entrepreneurship

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Summary

Introduction

The new paradigm of economical growth is being formed in the current situation within the bounds of stable development concept that was elaborated by the UN. Social entrepreneurship is considered to be an emergent, independent form of social responsible business implementation. The necessity of social entrepreneurship’s expansion is defined with a failure to resolve severe economical and social issues, and with the search for a qualitatively new, innovative solution that are aimed for successful reforms in the constituent entities of Russian Federation. «Crisis 2020» conditions brought about by the need for an anti-crisis policymaking (initiated by the Government of Russian Federation). It had small, medium enterprises and non- commercial organizations delineated to an independent category

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