Assessment report on social entreprenurship in Bosnia and Herzegovina
Publisher: Technical Assistance for Civil Society Organizations (TACSO) Date: August 2012 Volume: 57 pages, pdf Description
Social enterprises can differ in their structure and organisation, but they all have a very clear social and public purpose. They reinvest the gained profit, and they use entrepreneurship to achieve their social goals. Very often social enterprises are oriented to work integration and inclusion of one of the vulnerable groups, and these enterprises combine business approach with performing the function of a wider social importance. In this way modern social enterprises respond to the social problems towhich the state cannot respond. The field of their work can be providing services that are not adequately regulated by the state authorities or offering certain products at the market with the aim to direct the gained profit to achieving the social goals. The major characteristic of the social enterprises is to maximize social and public effects and not to maximize profit. Social entrepreneurs produce social innovations and transformations in different fields such as education, health sector, environment, economic and entrepreneurship development etc. Social entrepreneurs, like business entrepreneurs, build strong and sustainable organisations of the profit or non-profit character. They are directed to combating poverty and social exclusion by applying their entrepreneurial potentials, business methods and courage to advance or change the traditional practices.