Economic Issues of Social Entrepreneurship

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Social entrepreneurship is one of the most controversial actualities of the modern economy. On the one hand, social entrepreneurship makes up for "market failures" and prevents the deficit of socially essential goods and services in the marketplace, acting as their supplier. On the other hand, the survival of social entrepreneurship in an aggressive market environment is a challenging task, the fulfilment of which may distort the original essence of social entrepreneurship.

Comprising a collection of research presented at the International Scientific Conference Advanced Issues on Social Entrepreneurship, this contributed volume offers a global economic analysis of social entrepreneurship. Whilst social entrepreneurship is indispensable to the modern economy, the current controversial model of its organization means it cannot fully accomplish its mission. This book offers potential solutions to this problem with the global and national strategies of economic growth and social progress. It includes a focus on emerging markets, in which the role of social entrepreneurship is especially high. This book is aimed at scholars and students who are interested in social entrepreneurship and corporate economics, and practitioners involved in this field. It will also be of interest to policy makers in the development and implementation of a national economic policy for support for social entrepreneurship in emerging markets.


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Elena G. Popkova is Doctor of Economics and Professor at Moscow State Institute of International Relations (MGIMO), Russia. She is also President of the autonomous non-profit organization “Institute of Scientific Communications”, Russia.

Bruno S. Sergi is an instructor at the Harvard University, USA, an Affiliate at the Center for International Development at Harvard, and an Associate at the Harvard Davis Center for Russian and Eurasian Studies. He is the Series Editor of Cambridge Elements in the Economics of Emerging Markets and Entrepreneurship and Global Economic Growth. He teaches Political Economy and International Finance at the University of Messina and co-directs the Lab for Entrepreneurship and Development (LEAD).

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