Social Enterprise-An insight into its sustainability
Duong, Phan; Pandey, Devraj (2014)
Lataukset:
Laurea-ammattikorkeakoulu
2014
Creative Commons Attribution-NonCommercial 3.0 Unported
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2014060411810
https://urn.fi/URN:NBN:fi:amk-2014060411810
Tiivistelmä
The purpose of this thesis was to conduct a study regarding new business model of the social enterprises. There are two sub-studies of this topic, the first one aims to gain insights of how social enterprises are adapted in Finland as a new business model. The other one was about the sustainable factors of social enterprise.
The study clarified that social enterprises emerge as a solution to integrate co-operatives and non-profit organizations. The model used in the study, which is thought to be more applicable for social enterprises sector in Finland, was adapted from EMES-European Research Network (European Union network which studies the emergence of social enterprises in Europe). In addition, a more careful study of Work Integration Social Enterprises sector in Finland was conducted to have deeper understanding of how Finnish Government’s support for social enterprises has been reflected in the policies.
Regarding sustainability factors, three core values of sustainability, the triple bottom line of sustainability, have been examined during the study to prove their relevance for social enterprises. In addition, social enterprise’s sustainability continuum has also been studied. Based on the results of the study, it is suggested that every social enterprise should apply the triple bottom line as its core values in order to achieve long-term viability and sustainability.
For future study, the recommendation is to research on how to scale-up the size of the empirical research in order to gain more information regarding the developing phase of the current social enterprises. In addition, these results can be useful as reference source for the future studies regarding scaling-up social enterprises sector in Finland. As for the potential or non-official social enterprises, it is suggested also have further research on their business model, and to utilize Finnish infrastructure and policies to develop this sector in order to bring positive changes to the society.
The study clarified that social enterprises emerge as a solution to integrate co-operatives and non-profit organizations. The model used in the study, which is thought to be more applicable for social enterprises sector in Finland, was adapted from EMES-European Research Network (European Union network which studies the emergence of social enterprises in Europe). In addition, a more careful study of Work Integration Social Enterprises sector in Finland was conducted to have deeper understanding of how Finnish Government’s support for social enterprises has been reflected in the policies.
Regarding sustainability factors, three core values of sustainability, the triple bottom line of sustainability, have been examined during the study to prove their relevance for social enterprises. In addition, social enterprise’s sustainability continuum has also been studied. Based on the results of the study, it is suggested that every social enterprise should apply the triple bottom line as its core values in order to achieve long-term viability and sustainability.
For future study, the recommendation is to research on how to scale-up the size of the empirical research in order to gain more information regarding the developing phase of the current social enterprises. In addition, these results can be useful as reference source for the future studies regarding scaling-up social enterprises sector in Finland. As for the potential or non-official social enterprises, it is suggested also have further research on their business model, and to utilize Finnish infrastructure and policies to develop this sector in order to bring positive changes to the society.