Challenges to Social Entrepreneurship Development in Bulgaria

16 Pages Posted: 22 Mar 2018

See all articles by Venelin Terziev

Venelin Terziev

Georgi Rakovski Military Academy, Sofia, Bulgaria

Ekaterina Arabska

University of Agribusiness and Rural Development; Vasil Levski National Military University; Innovations and Sustainability Academy

Multiple version iconThere are 2 versions of this paper

Date Written: November 2017

Abstract

The promotion of innovative ideas in public policy is crucial to support the values of an active-oriented problem solving social system. These views underlie the ongoing social reforms in various countries and focus on the development of social entrepreneurship and the role of social entrepreneurs. An understanding is underlined that namely social entrepreneurs have the capability through localization of usable resources - human capital, buildings and equipment, to find flexible approaches to satisfy unmet social needs. Social entrepreneurship is identified at the European Union (EU) as a key instrument for regional cohesion and overcoming the problems of poverty and social exclusion. As part of its policy to promote the social economy and social innovation, social entrepreneurship contribute to achieving the strategic goals set in 2020. The study presented in the article provides important implications on the state of the social entrepreneurship in Bulgaria and ways of its encouragement putting a special accent on the needed support and building capacity.

Keywords: social enterprise, social entrepreneurship, social economy

JEL Classification: J10, J10

Suggested Citation

Terziev, Venelin and Arabska, Ekaterina, Challenges to Social Entrepreneurship Development in Bulgaria (November 2017). Available at SSRN: https://ssrn.com/abstract=3143013 or http://dx.doi.org/10.2139/ssrn.3143013

Venelin Terziev (Contact Author)

Georgi Rakovski Military Academy, Sofia, Bulgaria ( email )

Sofia, 1000
Bulgaria

Ekaterina Arabska

University of Agribusiness and Rural Development ( email )

78, Dunav Blvd.
Plovdiv, Plovdiv 4003
Bulgaria

Vasil Levski National Military University ( email )

Veliko Tarnovo
Bulgaria

Innovations and Sustainability Academy ( email )

1, Lotos Str.
Plovdiv, 4006
Bulgaria

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