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Internationalization of Greek Social Enterprises as a Sustainability and Development Strategy

Author

Listed:
  • Georgios N. Magoulios

    (International Hellenic University, Greece)

  • Dimitrios Kydros

    (International Hellenic University, Greece)

  • Anna Trichopoulou

Abstract

The aim of this paper is to identify and highlight those conditions and characteristics that will facilitate the internationalization of Greek Social Enterprises (GSEs) and, thereby, enhance their sustainability and performance characteristics. In Greece, social enterprises have a very low degree of internationalization. Assessed on their fundamental characteristics (turnover, employment, size), they fail to respond to criteria of extrovert Social Enterprises. We also highlight policy measures that may support and encourage social enterprises to internationalize. Through internationalization, positive effects on the viability and further development of GSEs will emerge, specifically related to strengthening their competitive position in the domestic and international markets, by raising capacity innovation, increasing sales, creating new jobs and acquiring a healthier financial position.

Suggested Citation

  • Georgios N. Magoulios & Dimitrios Kydros & Anna Trichopoulou, 2019. "Internationalization of Greek Social Enterprises as a Sustainability and Development Strategy," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 17(2), pages 239-266.
    • Handle: RePEc:seb:journl:v:17:y:2019:i:2:p:239-266
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    File URL: http://www.asecu.gr/Seeje/issue33/issue33-magoulios-kydros-trichopoulou.pdf
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    References listed on IDEAS

    as
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    2. Kristian Behrens & Jacques‐François Thisse, 2006. "Agglomeration Versus Product Variety: Implications For Regional Inequalities," Journal of Regional Science, Wiley Blackwell, vol. 46(5), pages 867-880, December.
    3. Dwivedi, Abhishek & Weerawardena, Jay, 2018. "Conceptualizing and operationalizing the social entrepreneurship construct," Journal of Business Research, Elsevier, vol. 86(C), pages 32-40.
    4. Douglas, Evan & Prentice, Catherine, 2019. "Innovation and profit motivations for social entrepreneurship: A fuzzy-set analysis," Journal of Business Research, Elsevier, vol. 99(C), pages 69-79.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Multinational Firms; International Business; Social enterprises; Greece; Internationalization;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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