Sustainable social enterprises as impetus of sustainable local and regional socio-economic changes in the Republic of Macedonia

Jovanovska, Cutka (2019) Sustainable social enterprises as impetus of sustainable local and regional socio-economic changes in the Republic of Macedonia. ECONOMIC VISION International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 6 (11-12). pp. 48-57. ISSN 2545-4544

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Abstract

Until recently, local and regional development was perceived through a one-dimensional perspective, including market-oriented strategies focused exclusively on economic efficiency, which should produce only economic growth. However, with modern tendencies, alternative multidimensional concepts appear that have a wider focus aimed at removing the causes of certain problems that arise as a result of the application of neoliberal capitalism. Such an alternative concept represents the social entrepreneurship, which through its forms of social enterprises, i.e. social business, tends revolutionary socioeconomic changes in societies. Social enterprises make attempts for system changes and sustainable improvement; through local actions they seek to stimulate global change in the direction of solving social, economic and environmental problems in order to create triple values expressed through the dimensions of people, planet, profit, or so-called 3P (according to English names). Social enterprises by generating social capital represent an alternative for correction the deformities of the traditional market model. The dimensions of social entrepreneurship are closely correlated with the functions of sustainable development and the more so that one of the specifics of social enterprises is precisely the contextual dependence that implies connection with the local and the regional context. The aim of the paper is to confirm the assumptions about the impact of social enterprises on generating socioeconomic changes that will produce sustainable development in the Republic of Macedonia.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Unnamed user with email zshi@unite.edu.mk
Date Deposited: 28 Jan 2020 12:04
Last Modified: 28 Jan 2020 12:04
URI: http://eprints.unite.edu.mk/id/eprint/412

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