A Crossroads for Social Entrepreneurship: Profits versus Ethics

Authors: Sandrine Fuentes, Hugo Valenzuela-Garcia

ABSTRACT
This paper reveals one of the most critical challenges faced by Spanish social entrepreneurship: either prioritizing ethical, social and environmental objectives or profit-seeking. Social entrepreneurship (those initiatives that pursue social and environmental objectives as well as economic ones) has become a very celebrated sector welcomed by political leaders, international corporations, large financial actors and the public opinion alike. The motto that another economy is possible is gaining momentum while an enormous number and variety of both public and private promotional programs are fostering and energizing such promising sector in practically any spot of the world. However, unlike more conventional enterprises, social entrepreneurship face some crucial challenges due to its own hybrid nature and the goal of making philanthropy (i.e., ensuring the social and environmental values) compatible with profit. A mixed-methods oriented research conducted in Catalonia (Spain) reveals some of these contradictions and challenges. As concluding remarks, we provide some clues to reconsider the scope of social entrepreneurship under a different political economy framework.

Source:

Journal: Open Journal of Business and Management
DOI: 10.4236/ojbm.2019.72058(PDF)
Paper Id: 91879

(metadata)

See also: Comments to Paper

About scirp

(SCIRP: http://www.scirp.org) is an academic publisher of open access journals. It also publishes academic books and conference proceedings. SCIRP currently has more than 200 open access journals in the areas of science, technology and medicine. Readers can download papers for free and enjoy reuse rights based on a Creative Commons license. Authors hold copyright with no restrictions. SCIRP calculates different metrics on article and journal level. Citations of published papers are shown based on Google Scholar and CrossRef. Most of our journals have been indexed by several world class databases. All papers are archived by PORTICO to guarantee their availability for centuries to come.
This entry was posted in OJBM. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *