Abstract
Social enterprise, characterised by organisations enacting a hybrid mix of non-profit and for-profit characteristics, is increasingly regarded as an important component in the regeneration of areas affected by social and economic deprivation. In parallel there has been growing academic, practitioner and policy interest in 'social value' and 'social impact' within the broader 'social economy'. This paper engages with these debates through analysis of resident perceptions of the social value created by National Lottery funded new-start social enterprise projects in ten rural UK communities. In particular it considers what can be learnt about the relationship between different approaches to social enterprise activity in rural contexts and the social value created for local people and communities.
Highlights
Social enterprise, characterised by organisations enacting a hybrid mix of non-profit and for-profit characteristics (Dart, 2004), is increasingly regarded as an important component in the regeneration of areas affected by social and economic deprivation
Understanding the place based social value created by new-start social enterprises: evidence from ten rural UK communities resident perceptions this paper represents a departure from existing literature, which has tended to focus on the perspectives of the social enterprises themselves, and the wider social and economic goals of the programmes that have supported them
The paper concludes by discussing the implications for social enterprise in rural contexts and considers what can be learnt about the relationship between different approaches to social enterprise activity and the social value created for local people and communities
Summary
Social enterprise, characterised by organisations enacting a hybrid mix of non-profit and for-profit characteristics, is increasingly regarded as an important component in the regeneration of areas affected by social and economic deprivation. In parallel there has been growing academic, practitioner and policy interest in 'social value' and 'social impact' within the broader 'social economy'. This paper engages with these debates through analysis of resident perceptions of the social value created by National Lottery funded new-start social enterprise projects in ten rural UK communities. In particular it considers what can be learnt about the relationship between different approaches to social enterprise activity in rural contexts and the social value created for local people and communities
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