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Revolutionizing the Nonprofit Sector Through Social Entrepreneurship

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  • Michelle Stecker

Abstract

While nonprofit organizations serve the community in significant ways, their heavy reliance on philanthropic and government funding is increasingly not sustainable, especially in the wake of economic downturns. The application of social entrepreneurial principles — including social enterprise activities — can improve the sustainability of the business model of nonprofits, while bolstering management capacity and enhancing mission. This paper argues that the current funding model of the nonprofit sector should be disrupted in order to achieve a greater level of financial sustainability and mission-driven success.

Suggested Citation

  • Michelle Stecker, 2014. "Revolutionizing the Nonprofit Sector Through Social Entrepreneurship," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(2), pages 349-358.
    • Handle: RePEc:mes:jeciss:v:48:y:2014:i:2:p:349-358
    DOI: 10.2753/JEI0021-3624480208
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    Cited by:

    1. Iza Gigauri & Nino Damenia, 2020. "Cooperation between Social Entrepreneurs and Government to Develop Solutions to Social Problems," Business and Economic Research, Macrothink Institute, vol. 10(3), pages 116-136, September.
    2. Kumudu Jayawardhana & Imali Fernando & Janaka Siyambalapitiya, 2022. "Sustainability in Social Enterprise Research: A Systematic Literature Review," SAGE Open, , vol. 12(3), pages 21582440221, September.
    3. Rozélia Laurett & Arminda Maria Finisterra Paço & Anabela Rosario Leitão Dinis, 2020. "Entrepreneurship in nonprofit organizations: a systematic review of the literature," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 17(2), pages 159-181, June.
    4. Luisa De Amicis & Silvia Binenti & Felipe Maciel Cardoso & Carlos Gracia-Lázaro & Ángel Sánchez & Yamir Moreno, 2020. "Understanding drivers when investing for impact: an experimental study," Palgrave Communications, Palgrave Macmillan, vol. 6(1), pages 1-9, December.

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