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Social entrepreneurship in the Baltic and Nordic countries. Would the variety of existing legal forms do more for the impact on sustainable development?

Author

Listed:
  • Tomas Lavišius

    (Mykolas Romeris University, Lithuania)

  • Virginijus Bitė

    (Mykolas Romeris University, Lithuania)

  • Mads Andenas

    (University of Oslo, Norway)

Abstract

Social enterprises have gained importance in European and national policies in recent years. There is a growing awareness that they create sustainable and inclusive growth and stimulate social innovation. Moreover, the question can be raised as to whether social entrepreneurship and, more precisely, legal forms available for social enterprises can make an impact on sustainable development. The United Nations 2030 Agenda for Sustainable Development, including its 17 Sustainable Development Goals (SDGs), is committed to eradicating poverty and achieving sustainable development worldwide by 2030. In the run-up to the adoption of the 2030 Agenda, the European Commission worked closely with the European Union (EU) Member States to ensure an ambitious global outcome. The European Commission committed to mainstreaming the SDGs into EU policies and initiatives. Amongst different tools for the implementation of SDGs, social entrepreneurship or social business can contribute to this process both nationally and internationally. The aim of this paper is to evaluate the current situation and capture best practice in the Baltic countries (Estonia, Latvia, and Lithuania) and the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden), through comparison of the legal forms available for social entrepreneurship or social business.

Suggested Citation

  • Tomas Lavišius & Virginijus Bitė & Mads Andenas, 2020. "Social entrepreneurship in the Baltic and Nordic countries. Would the variety of existing legal forms do more for the impact on sustainable development?," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 276-290, September.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:1:p:276-290
    DOI: 10.9770/jesi.2020.8.1(19)
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    References listed on IDEAS

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    1. Antonio Fici, 2015. "Recognition and legal Forms of Social Enterprises in Europe: A Critical Analysis from a Comparative Law Perspective," Euricse Working Papers 1582, Euricse (European Research Institute on Cooperative and Social Enterprises).
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    More about this item

    Keywords

    social enterprise; social business; social entrepreneurship; soft law; social innovation; sustainable development goals;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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