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Non-commercial Organizations as Subjects of Social Entrepreneurship in the Market Economy

In: Economic Issues of Social Entrepreneurship

Author

Listed:
  • Vladimir S. Osipov

    (Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs Russian Federation)

  • Elena L. Pozharskaya

    (Plekhanov Russian University of Economics)

  • Aleksei V. Bogoviz

    (Independent Researcher)

  • Alexander N. Alekseev

    (Financial University Under the Government of the Russian Federation)

Abstract

Purpose: This research aims to study the role of non-commercial organizations as subjects of social entrepreneurship in the market economy. Design/methodology/approach: Correlation analysis is used to determine the connection between the indicators of non-commercial organizations’ development and the indicators of their potential contribution to development of society and economy. Findings: It is determined that in developed countriesdeveloped countries/developing countries (shown by the example of G7) non-commercial organizations contribute the most to acceleration of economic growth (52.93% on average), increase of global competitiveness (31.62%), and acceleration of economy’s innovative development (45.12%). We see a clear domination of economic contribution, in which the key role belongs to charity (42.18%). In developing countries (shown by the example of BRICS), non-commercial organizations contribute the most to increase of quality of life (34.50%) and acceleration of economic growth rate (24.15%). We see a clear combination of social and economic contribution, in which the key role belongs information disclosure (24.10%) and number of non-commercial companies (31.64%). Originality/value: It is determined that non-commercial organizations contribute both to social and economic development. However, this is manifested more clearly in developing countries. Differences are determined in the models of non-commercial organizations’ development in developed and developing countries, and the concept of social entrepreneurship is specified – which allows forming a scientific basis for independent development of economic policy and corporate strategies by non-commercial organizations in these groups of countries in case of refusal from routine use of international experience for accounting the specifics of functioning and development of social entrepreneurship in each separate economic system.

Suggested Citation

  • Vladimir S. Osipov & Elena L. Pozharskaya & Aleksei V. Bogoviz & Alexander N. Alekseev, 2021. "Non-commercial Organizations as Subjects of Social Entrepreneurship in the Market Economy," Springer Books, in: Elena G. Popkova & Bruno S. Sergi (ed.), Economic Issues of Social Entrepreneurship, pages 343-353, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-77291-8_32
    DOI: 10.1007/978-3-030-77291-8_32
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