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Social economy and the fourth sector, base and protagonist of social innovation

Author

Listed:
  • Julio Jiménez Escobar

    (ETEA - Universidad de Córdoba)

  • Alfonso Carlos Morales Gutiérrez

    (ETEA - Universidad de Córdoba)

Abstract

The regeneration of the current economic system demands a new kind of innovation whose patterns and participants differ from the purely technological paradigm. Thus has social innovation arisen from different political and academic spheres as a phenomenon connected in a myriad of ways to the positions postulated in the organizational and business models that form the social economy. The aim of this paper is to explain these connections and potentials by defining a new protagonist in the socioeconomic sphere, the so-called "fourth sector". This is a new group of organizations and business models that is growing and adapting at an intersection between the public, private and social sectors, and that is being called upon to lead the new processes of social innovation. Their practices cross traditional sector boundaries and create new social relationships among stakeholders in order to develop innovative activities to meet social and / or environmental needs.

Suggested Citation

  • Julio Jiménez Escobar & Alfonso Carlos Morales Gutiérrez, 2011. "Social economy and the fourth sector, base and protagonist of social innovation," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 73, pages 33-60, October.
    • Handle: RePEc:cic:revcir:y:2011:i:73:p:33-60
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    File URL: http://www.ciriec-revistaeconomia.es/banco/7302_Jimenez_and_Morales.pdf
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    Citations

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    Cited by:

    1. Ernestina Rubio-Mozos & Fernando Enrique García-Muiña & Laura Fuentes-Moraleda, 2019. "Rethinking 21st-Century Businesses: An Approach to Fourth Sector SMEs in Their Transition to a Sustainable Model Committed to SDGs," Sustainability, MDPI, vol. 11(20), pages 1-23, October.
    2. Jorge Coque & Pilar L. González-Torre, 2017. "Adapting Nonprofit Resources to New Social Demands: The Food Banks in Spain," Sustainability, MDPI, vol. 9(4), pages 1-16, April.
    3. Michael Odei Erdiaw‐Kwasie & Matthew Abunyewah, 2024. "Determinants of social innovation in hybrid organisations: The moderating role of technology readiness," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1099-1112, February.

    More about this item

    Keywords

    Fourth sector; third sector; social economy; social innovation; social enterprises; community foundations; peer to peer charities; e-social banking.;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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