TY - JOUR
T1 - Successful social entrepreneurship and its potential contribution to more sustainable cities and built environments
AU - Antuña-Rozado, C.
AU - García-Navarro, J.
N1 - Funding Information:
Affordable Units developed and owned in whole or with partners (under the Low Income Housing Tax Credit Program, managed by property management firms). Affordable Units funded by Rural Development (managed by property management firms). Community Organizations HFG partners with (to provide support for residents living in the public and assisted housing units). Million per year to private landlords (through rent assistance payments).
Publisher Copyright:
© Published under licence by IOP Publishing Ltd.
PY - 2023
Y1 - 2023
N2 - Globally, social entrepreneurship has caught the attention of academics and researchers, and there is a growing body of knowledge on how it differs from traditional entrepreneurship and where its main challenges lie. In Finland, for example, the number of social enterprises has been growing consistently since 2010. The Finnish case is particularly intriguing because of the country's wide social coverage, which on a first approach, might lead to the assumption that social enterprises are not "so necessary"in Finland. However, the matter is more complex than it initially appears. Moreover, the European commitment to make the transition to a just and green society, in compliance with the ambitious objectives of the European Green Deal, as well as to materialize the so-called economy of wellbeing, exerts pressure on public administrations that perhaps social enterprises can help alleviate. Despite many open questions, successful social enterprises-that is, those whose mission, strategy, and impact measurement are strongly aligned-can be critical in addressing social or environmental issues that remain largely unaddressed by other actors, whether public or private, in any field, without compromising their growth potential and their ability to attract interested investors. Considering, on the one hand, the wide range of opportunities offered by the built environment in terms of open challenges; and on the other hand, the fact that in the future there will be more pressure on companies to be more socially responsible, it may be worth looking at how social enterprises can help close these gaps. To encourage the contribution of social enterprises to more sustainable cities and built environments, this document will discuss what successful social entrepreneurship looks like and show a couple of examples of social enterprises from the UK and Norway, one operating in the affordable housing sector and the other dedicated to sustainable urban development.
AB - Globally, social entrepreneurship has caught the attention of academics and researchers, and there is a growing body of knowledge on how it differs from traditional entrepreneurship and where its main challenges lie. In Finland, for example, the number of social enterprises has been growing consistently since 2010. The Finnish case is particularly intriguing because of the country's wide social coverage, which on a first approach, might lead to the assumption that social enterprises are not "so necessary"in Finland. However, the matter is more complex than it initially appears. Moreover, the European commitment to make the transition to a just and green society, in compliance with the ambitious objectives of the European Green Deal, as well as to materialize the so-called economy of wellbeing, exerts pressure on public administrations that perhaps social enterprises can help alleviate. Despite many open questions, successful social enterprises-that is, those whose mission, strategy, and impact measurement are strongly aligned-can be critical in addressing social or environmental issues that remain largely unaddressed by other actors, whether public or private, in any field, without compromising their growth potential and their ability to attract interested investors. Considering, on the one hand, the wide range of opportunities offered by the built environment in terms of open challenges; and on the other hand, the fact that in the future there will be more pressure on companies to be more socially responsible, it may be worth looking at how social enterprises can help close these gaps. To encourage the contribution of social enterprises to more sustainable cities and built environments, this document will discuss what successful social entrepreneurship looks like and show a couple of examples of social enterprises from the UK and Norway, one operating in the affordable housing sector and the other dedicated to sustainable urban development.
UR - http://www.scopus.com/inward/record.url?scp=85146705438&partnerID=8YFLogxK
U2 - 10.1088/1755-1315/1122/1/012064
DO - 10.1088/1755-1315/1122/1/012064
M3 - Article in a proceedings journal
AN - SCOPUS:85146705438
SN - 1755-1307
VL - 1122
JO - IOP Conference Series: Earth and Environmental Science
JF - IOP Conference Series: Earth and Environmental Science
IS - 1
M1 - 012064
T2 - SBEfin 2022 Conference on Emerging Concepts for Sustainable Built Environment, SBEfin 2022
Y2 - 23 November 2022 through 25 November 2022
ER -