scholarly journals PERCEIVED FACTORS OF SUCCESSFUL SOCIAL ENTERPRISES: THE CASE OF THE STATE ISLAMIC RELIGIOUS COUNCILS AND WAQF LAND DEVELOPMENT IN MALAYSIA

2019 ◽  
pp. 66-75
Author(s):  
Norinah Mohd Ali ◽  
Nurul Shahnaz Ahmad Mahdzan ◽  
Rubi Ahmad ◽  
Abdul Rahim Ahmad
Keyword(s):  
Social Enterprise ◽  
Social Impact ◽  
Public Involvement ◽  
Economic Value ◽  
Land Development ◽  
Social Enterprises ◽  
Maintenance Cost ◽  
Structured Interviews ◽  
Property Development ◽  
The Social

Waqf properties need to be perpetual, irrevocable and inalienable. Even though the social impact is the main objective of waqf creation, it cannot be denied that the economic value is important to help maintain and sustain waqf properties since getting funding for waqf property development is very difficult. Hence, State Islamic Religious Councils (henceforth referred to as the Councils) as waqf trustees are expected to operate as a social enterprise in developing its waqf land. This paper aims to investigate the perceived factors of the current waqf land development practices in each Council that contribute to the Council’s success as a social enterprise. This study employs a qualitative approach where semi-structured interviews were conducted with 22 waqf officers from 14 Councils across Malaysia. The result shows that the Councils operates as social enterprises as they are already in pursuit of the dual mission namely financial sustainability and social purpose. There are nine perceived factors of the current waqf land development practices in each Council that contribute to the Council’s success as a social enterprise: (1) various types of waqf development; (2) sustainability; (3) opportunity; (4) knowledgeable; (5) financing creativity; (6) monitoring; (7) support; (8) public involvement; and (9) human development. The Councils and its waqf land development practices fit the theoretical aspects of social enterprise since the Councils needs to generate enough income from its waqf land development to cover at least the waqf’s maintenance cost.

Social enterprise and the well-being of young people not in education, employment or training

2017 ◽  
Author(s):  
Steve Coles
Keyword(s):  
Risk Factors ◽  
Young People ◽  
Social Enterprise ◽  
Social Impact ◽  
Well Being ◽  
County Council ◽  
Social Enterprises ◽  
Budget Cuts ◽  
The Social

This chapter examines how social enterprises can improve the well-being of young people who are not in education, employment or training (NEET). NEET or NEETs refer to young people aged 16–24 who are not in education, employment or training. There are two subcategories of NEETs: unemployed young people (those who are actively seeking work) and economically inactive young people (those who have not actively sought work recently and/or are unable to start work imminently). The chapter first explains what we mean by ‘NEET’, ‘well-being’ and ‘social enterprise’ before providing an overview of the prevalence and make-up of the NEET population. It then considers the risk factors of becoming NEET and the consequences of NEET status, along with the social impact of social enterprises. It also uses the case of the Cambridgeshire County Council in Scotland to show how budget cuts adversely affect NEETs and concludes by emphasising the importance of entrepreneurship for NEETs.

scholarly journals Mapping of Academic Production on Social Enterprises: An international analysis for the growth of this field

2018 ◽  
Vol 8 (2) ◽  
pp. 156-171 ◽  
Author(s):  
Marcello Romani-Dias ◽  
Edson Sadao Iizuka ◽  
Elisa Rodrigues Alves Larroudé ◽  
Aline Dos Santos Barbosa
Keyword(s):  
Social Enterprise ◽  
Social Impact ◽  
Social Enterprises ◽  
Impact Factors ◽  
Literature Analysis ◽  
Academic Production ◽  
The Social ◽  
The Subject ◽  
Research Questions ◽  
Different Sources

Abstract The purpose of this article is to identify, organize and analyze the international scientific production on social enterprises (SE). It presents the results of a bibliometric study combined with a systematic literature analysis. We analyzed 204 academic articles on the subject, from four different sources: (i) articles published in journals with high impact factors; (ii) most cited articles as per Google Scholar; (iii) articles addressing topics related to SE; and (iv) articles from the Social Enterprise Journal, specialized in the subject. Results point to remarkable recent growth in the field of SE, both theoretically and empirically. In addition, this study presents the main pieces of work, countries, institutions, research questions, methodology and results found in the SE literature. Studies have concentrated around six main categories: (1) understanding SE, through different approaches, concepts and models; (2) governance and relationships with stakeholders; (3) attempts to increase practical references and samples within the field; (4) organizational learning, structure and critical factors for success and failure of SE; (5) metrics, indicators and social impact generated by SE; and (6) legislation of different countries and how it relates to SE.

scholarly journals How COVID-19 has Affected Operations & Funding Relating to Social Enterprises in Birmingham

2021 ◽  
Author(s):  
S M Nazmuz Sakib
Keyword(s):  
Social Enterprise ◽  
Qualitative Methodology ◽  
Social Enterprises ◽  
Structured Interviews ◽  
Market Risks ◽  
The United Kingdom ◽  
The Social ◽  
The Government ◽  
Management Changes ◽  
The Impact

Social enterprises are very common in Birmingham having the largest concentrations of social enterprises in the United Kingdom. With the emergence of the Covid-19 pandemic, the operations and management of social enterprises in Birmingham has been greatly affected. This study seeks to analyse the impact of the Covid-19 pandemic on the operations and funding of social enterprises in Birmingham UK. In order to achieve this, the study is going to carry out a qualitative methodology in order to analyse the impact Covid-19 has had on social enterprises. The research is going to select relevant stakeholders through a non-purposive sampling criteria identifying individuals who have direct interest in the functioning of social enterprises. The relevant stakeholders will be expected to respond to semi structured interviews that are structured to evoke responses relevant to this area of research. The research realized that Social enterprises in Birmingham are a critical player in the economy of UK with many individuals depending on the social enterprise industry. In addition to that, the study realised that the Covid-19 pandemic exposed social enterprises to various financial and market risks. Moreover, social enterprises were forced to make a change in their organizational structure through cost management changes and offering alternative services. However, the government came in support through provision of grants and funding to boost the social enterprise economy.

Investigation into Funding Strategies of Social Enterprises

2018 ◽  
Vol 10 (1) ◽  
pp. 34-61
Author(s):  
Shengfen Zheng
Keyword(s):  
Life Cycle ◽  
Social Enterprise ◽  
Social Impact ◽  
Development Stage ◽  
Social Enterprises ◽  
Venture Philanthropy ◽  
Sustainable Business ◽  
The People ◽  
The Social ◽  
Social Impact Bonds

Abstract It has been attracting growing attention of all sectors of society to support social enterprises with social investment. This article focuses on the four much-discussed funding strategies of venture philanthropy, social impact investment, social impact bonds and crowdfunding. For the research, a total of 186 questionnaires were distributed and 92 of them were returned and found valid, with the rate of recovery standing at 49.5%. It is found that among the four strategies, the more heard of, the clearer, but that a strategy is clear does not mean it is readily accepted by the people; and among the companies with the registered name including the wording of social enterprise and those logging in as social enterprises, there is no significant statistical difference in the funding strategy. The result manifests the social enterprises in Taiwan are in the start-up stage, and goes in line with this article’s observation of the funding strategies, i.e., the funding strategy of the social enterprise has a lot to do with its life cycle. On this account, this article holds that we should pay attention to the life cycle of the social enterprises, adopt appropriate funding strategies based on their development stage and build sustainable business modes.

Creating alternative interventions in social work to promote socio-economic development in South Africa: Lessons from selected social enterprises

2021 ◽  
pp. 002087282097246
Author(s):  
Robert M Kajiita ◽  
Simon M Kang’ethe
Keyword(s):  
Social Work ◽  
Social Enterprise ◽  
Economic Value ◽  
Social Enterprises ◽  
Vulnerable Groups ◽  
Research Approach ◽  
Alternative Interventions ◽  
The Social ◽  
Enterprise Model ◽  
Social Work Interventions

Social work interventions for families, individuals and communities should be comprehensive and sustainable. A social enterprise model with dual social and economic value creation provides a useful framework for such interventions. Through a qualitative research approach and case study design, three social enterprises were studied. The findings indicate that social enterprises pursue people-centred investment; engineer and promote social integration and equity in the local communities; and create employment and promote skill development for vulnerable groups such as women and youth. Thus, a social enterprise dual mission for accruing social and economic value aligns with the social work helping mandate, and therefore smoothly integrates.

Focus on the Balkans

2020 ◽  
pp. 163-184
Author(s):  
Michelle T. Hackett ◽  
Michael J. Roy
Keyword(s):  
Social Enterprise ◽  
Economic Value ◽  
Social Enterprises ◽  
Western Balkans ◽  
The Balkans ◽  
Middle Way ◽  
Marginalized Groups ◽  
The Social ◽  
Communist Past ◽  
Communist Countries

The “blended” social and economic value created by social enterprises can, the authors argue in “Focus on the Balkans: Social Enterprise in Albania,” demonstrate a “middle way” between the excesses of both communism and capitalism. Focusing on the western Balkans region of Europe, which has transitioned from a communist past, this chapter considers whether social enterprises in this context have the potential to demonstrate such a “middle way” by challenging norms concerning how the economy is conceived by posing an alternative business framework to market fundamentalism while also contributing to more traditional non–market-focused “social goals” such as breaking down prejudices concerning marginalized groups. This chapter analyzes the discourses of key actors involved in the work of an Albanian social enterprise to examine various competing conceptualizations and uses of social enterprise. In contrast to the role of social enterprise as a “middle way” actor, the authors find that there is also potential for the concept to be employed in post-communist countries as a neoliberal adjustment instrument, promoting a particular form of market-oriented transition. The chapter explores how the actors involved negotiate these complex and multidirectional forces and attempt to navigate the socioeconomic terrain in which the social enterprise is situated.

scholarly journals Impact Investing Strategy: Managing Conflicts between Impact Investor and Investee Social Enterprise

2019 ◽  
Vol 11 (15) ◽  
pp. 4117 ◽  
Author(s):  
Agrawal ◽  
Hockerts
Keyword(s):  
Social Enterprise ◽  
Social Impact ◽  
Economic Value ◽  
Social Enterprises ◽  
Impact Measurement ◽  
Impact Investing ◽  
Industry Specialization ◽  
Social Mission ◽  
For Profit ◽  
The Impact

Impact investing pursues the dual goals of creating socio-economic value for the marginalized, and ensuring net positive financial returns. Impact investing firms achieve their goals through their investments in projects and enterprises which create both social and commercial values. The primary aim of this article is to contribute to our understanding of the process of impact investing, particularly with respect to issues related to aligning impact investing and investee social enterprise goals. The research method employs case-based research methodology. The data consist of six cases of impact investing and their investee social enterprises. In addition, the data involve interviews with experts from the field of impact investing. The findings are that: (1) Social mission plays an important moderating role in the inter-organizational relationship between the impact investor and the investee social enterprise, (2) and an emphasis on due diligence, sector specialization, and communication increases the likelihood of investment while (3) social impact measurement and reporting and frequent engagement increase the likelihood of post-investment alignment. The key contribution of this article is that impact investing (unlike venture capital) is influenced by the ability of its investee to create social value, which plays an important role in the inter-organizational relationship between investor and investee. Furthermore, similar to industry specialization in the for-profit investing, social sector specialization is equally relevant for alignment and returns.

scholarly journals Communicating a social agenda within HEIs: the role of the social enterprise mark

2018 ◽  
Vol 14 (3) ◽  
pp. 328-347 ◽  
Author(s):  
Emma Sutton ◽  
Morven McEachern ◽  
Kevin Kane
Keyword(s):  
Higher Education ◽  
Social Enterprise ◽  
Social Impact ◽  
Social Enterprises ◽  
Content Type ◽  
Social Agenda ◽  
The Social ◽  
Social Agendas ◽  
Insight Into

Purpose By using the lens of the social enterprise mark (SEM) accreditation which enables social enterprises to “prove” that the interests of people and planet are put before shareholder gain, this study aims to enhance the knowledge of how effectively the social agenda is communicated by higher education institutions (HEIs). Design/methodology/approach By using a qualitative research design, this exploratory study uses a combination of both a focus group and in-depth interviews with HEI holders of the SEM. Findings With a particular focus on University A, this study advances the knowledge around how social agendas and the role of the SEM in particular are used to communicate to HEI employees as a key stakeholder group. Research limitations/implications At the time of this study, fewer SEM accredited HEIs existed, and therefore, the following conclusions are based upon a small select sample of HEIs that held the SEM. Further studies are needed to provide a more representative view of each university’s use of and commitment to the SEM/ Social Enterprise Gold Mark. Practical implications Building on Powell and Osborne’s (2015) observations regarding the role of marketing in social enterprises, the findings of this study offer practical insight into current and or prospective HEI SEM holders as to the role of “social” accreditations, stakeholder perceptions of such marketing initiatives and how they can be used as a vehicle to improve social communications in the future. Originality/value The area of social enterprise and social impact has been evolving in recent decades, but literature in relation to its promotion and communication in the higher education sector remains scant. This study responds to this gap in the literature by providing greater insight into how social agendas and engagement with the SEM, specifically, are communicated by HEIs.

scholarly journals Towards the Construction of Productive Interactions for Social Impact

2021 ◽  
Vol 13 (2) ◽  
pp. 485
Author(s):  
Blanca L. Díaz Mariño ◽  
Frida Carmina Caballero-Rico ◽  
Ramón Ventura Roque Hernández ◽  
José Alberto Ramírez de León ◽  
Daniel Alejandro González-Bandala
Keyword(s):  
Social Impact ◽  
Ecological Systems ◽  
Research Projects ◽  
Structured Interviews ◽  
Government Officials ◽  
Community Members ◽  
Project Duration ◽  
The Social ◽  
The One ◽  
Different Levels

Understanding the value of research for society has become a priority, and several methodologies have been developed to assess the social impact of research. This study aimed to determine how productive interactions are developed during the execution of research projects. A retrospective study was conducted on 33 projects from 1999 to 2020. Semi-structured interviews with the technical managers were conducted to analyze how different actors of the project—researchers, government officials, and civil society and private sector stakeholders—were involved, illustrating how productive interactions occur in specific biodiversity contexts. The results revealed different levels and intensities of productive interactions; on the one hand, three projects involved all actors; eight involved researchers outside the institution; and 25 involved community members. The number of participants ranged from 2 to 37. All research evaluated had a disciplinary orientation. The type and time of interactions with other interested parties depended on the amount of funding, project type, project duration, and, significantly, on the profile of the technical manager. The importance of assessing and valuing productive interactions was identified as a fundamental element in promoting the social impact of research, as well as integrating inter- or multidisciplinary projects that impact the conservation of socio-ecological systems.

scholarly journals Social enterprise and wellbeing in community life

2016 ◽  
Vol 12 (2) ◽  
pp. 235-254 ◽  
Author(s):  
Jane Farmer ◽  
Tracy De Cotta ◽  
Katharine McKinnon ◽  
Jo Barraket ◽  
Sarah-Anne Munoz ◽  
...  
Keyword(s):  
Social Enterprise ◽  
Well Being ◽  
Boundary Spanning ◽  
Social Enterprises ◽  
Positive Interactions ◽  
Community Life ◽  
Community Members ◽  
Content Type ◽  
The Social ◽  
Mental Mapping

Purpose This paper aims to explore the well-being impacts of social enterprise, beyond a social enterprise per se, in everyday community life. Design/methodology/approach An exploratory case study was used. The study’s underpinning theory is from relational geography, including Spaces of Wellbeing Theory and therapeutic assemblage. These theories underpin data collection methods. Nine social enterprise participants were engaged in mental mapping and walking interviews. Four other informants with “boundary-spanning” roles involving knowledge of the social enterprise and the community were interviewed. Data were managed using NVivo, and analysed thematically. Findings Well-being realised from “being inside” a social enterprise organisation was further developed for participants, in the community, through positive interactions with people, material objects, stories and performances of well-being that occurred in everyday community life. Boundary spanning community members had roles in referring participants to social enterprise, mediating between participants and structures of community life and normalising social enterprise in the community. They also gained benefit from social enterprise involvement. Originality/value This paper uses relational geography and aligned methods to reveal the intricate connections between social enterprise and well-being realisation in community life. There is potential to pursue this research on a larger scale to provide needed evidence about how well-being is realised in social enterprises and then extends into communities.

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