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Work Integration Social Enterprises (WISEs) in Public Sector

In: Strategic Innovative Marketing and Tourism

Author

Listed:
  • Vasilis I. Chronopoulos

    (University of West Attica)

  • Anastasios Sepetis

    (University of West Attica)

  • George Pierrakos

    (University of West Attica)

Abstract

Work Integration Social Enterprises (WISEs) are one of the leading forms of Social Enterprises in Europe. The analogy of the Public Procurements that Greek Work Integration Social Enterprises (WISEs) acquire on the total monetary resources of the WISE, was connected to the ability of the WISE to develop job positions that are sufficient to keep the employ above the monetary poverty line and bring it closer to the concept of a full-time job. A response rate of 62.50% resulted in primary data from 51.47% of the population of WISEs in Greece. Ordinal Regression Analysis showed that WISEs that relied heavily on Public Procurements had low performance in developing job positions that were sufficient to keep the employee above the monetary poverty line, and low performance in creating job positions that are close to the concept of a full-time job. There is evidence that Greek WISEs should reinvent their entrepreneurial nature and act more as innovative challengers and less as adjustable followers. Policymakers could consider relating the amount of public procurements that a WISE acquires to the open market share of the WISE, at least after the initial state of the WISE’s development.

Suggested Citation

  • Vasilis I. Chronopoulos & Anastasios Sepetis & George Pierrakos, 2024. "Work Integration Social Enterprises (WISEs) in Public Sector," Springer Proceedings in Business and Economics, in: Androniki Kavoura & Teresa Borges-Tiago & Flavio Tiago (ed.), Strategic Innovative Marketing and Tourism, pages 469-477, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-51038-0_51
    DOI: 10.1007/978-3-031-51038-0_51
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