Imperfections in the social investment market and options on how to address them
Social entrepreneurship is a field of rather diverse views. Globally, there are four different schools of thoughts and in Europe alone, researchers have identified five different welfare systems that form the context for social enterprises. The same applies for the financing of social enterprises. While some state that there is plenty of capital which only needs to be mobilized, others claim that there is not enough capital. This report will analyse the various perspectives in depth, show the imperfections in the social investment market and ultimately develop three delivery options for an... EU-level financial instrument. This ex-ante evaluation was commissioned by the European Commission and written by the authors between March and October 2013.
- Corporate author(s): Directorate-General for Employment, Social Affairs and Inclusion (European Commission) , Zeppelin University in Friedrichshafen (Germany)
- Personal author(s): Spiess-Knafl, Wolfgang; Jansen, Stephan A Themes: Enterprise policy, Social policy
- Subject: business policy, economic support, entrepreneurship, EU financial instrument, EU financing, social audit, social cost, social policy, social security, social work