Essential to society, yet remains on the side-line: The State of Social Enterprises in New Zealand
- 10.2991/aer.k.201221.101How to use a DOI?
- Institutional Environment, Social Business, Social Entrepreneurship, Impact Investment
Social entrepreneurship – the hybrid approach to business that simultaneously pursues financial and social goals through social entrepreneurship – is an expanding area of research, education, and practice worldwide. In terms of business practices, it has become an increasingly relevant approach in societies and economies as nations are working towards achieving the multi-faceted sustainable development goals. Despite the social and environmental benefits of social entrepreneurship brings to community, it is still mainly on the side-line due to institutional and operational barriers that hinder its broader practices and potential positive contribution to the society. This qualitative study examines ten cases of social enterprises by applying a combination of progressive contextualisation and stakeholder analysis. It aims to identify constraints for the growth of this sector in New Zealand and explore opportunities for strengthening the role of the hybrid sector in addressing social and environmental issues that are under-served by prevailing business models. The key findings of the review show the landscape of social business in New Zealand is not robust because of institutional weaknesses in the legal framework and enabling policies, lack of investment options, and limited education about social entrepreneurship.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ani Kartikasari AU - Christopher Gan AU - Campbell Kerr PY - 2020 DA - 2020/12/22 TI - Essential to society, yet remains on the side-line: The State of Social Enterprises in New Zealand BT - Proceedings of the International Seminar of Science and Applied Technology (ISSAT 2020) PB - Atlantis Press SP - 626 EP - 634 SN - 2352-5401 UR - https://doi.org/10.2991/aer.k.201221.101 DO - 10.2991/aer.k.201221.101 ID - Kartikasari2020 ER -