Record Details

SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA

The USV Annals of Economics and Public Administration

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Title SOCIAL ENTREPRENEURSHIP IN DEVELOPING COUNTRIES: CASE OF GEORGIA
 
Creator Iza Gigauri
 
Description Social entrepreneurship is growing rapidly, and attracting increased attention from many sectors. The idea of social entrepreneurship combines the passion of a social mission with business. Since major social sector institutions are often viewed as inefficient and ineffective, social entrepreneurs are needed to develop new models for solving rising social problems. The concept of social entrepreneurship means different things to different people. Many associate it with nonprofit organizations starting for-profit ventures, some use it to describe a nonprofit organization, and others use it to refer to businesses that integrate social responsibility into their operations. Social entrepreneurship is mostly beneficial for developing countries. This initiative is gaining popularity also in Georgia. Here, the concept is mainly associated with nonprofit/ nongovernmental organizations. The current legislation does not take into account Social Enterprise as a legal entity. Rather, Georgian NGOs launch social enterprises with start-up grants awarded by international donors.  The primary objective of this study is to present an overview of the social entrepreneurship activities by Georgian organizations. This study is based on secondary data collected from various webpages and related articles. The key research questions are: What does social entrepreneurship mean in Georgia? How this concept is implemented here?  The research demonstrated that social entrepreneurship in Georgia is associated with NGOs, which establish businesses to ensure continuous funding for their social projects, causing less dependability on contributors.  The social entrepreneurship sphere in Georgia ranges from bio-products, agriculture, media, arts and culture, medical centers for vulnerable groups, to small souvenir, toy or wheelchair factories. Although social entrepreneurship is a recent phenomenon in Georgia, the interest towards it is increasing significantly. Social enterprises are operating in a small scale, yet the tendency shows its future spreading. 
 
Publisher Editura Universitatii Ştefan cel Mare din Suceava
 
Contributor —
 
Date 2018-07-31
 
Type —
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Format application/pdf
 
Identifier http://www.seap.usv.ro/annals/ojs/index.php/annals/article/view/1044
 
Source The USV Annals of Economics and Public Administration; Vol 18, No 1(27) (2018); 103-111
The USV Annals of Economics and Public Administration; Vol 18, No 1(27) (2018); 103-111
 
Language en
 
Relation http://www.seap.usv.ro/annals/ojs/index.php/annals/article/download/1044/3097