Peculiarities of social business concept

Main Article Content

Arturas Simanavicius
Eimantas Kisielius
Liliia Kharchevnikova
Liliya Svorobovych
Alla Chykurkova
صندلی اداری

Abstract

The essence and uniqueness of social business in solving the most sensitive problems of the society, being able to survive independently and ensure the continuity of activities gives this form of activity an advantage and determines its growing popularity. There are many different definitions of social business. Some authors explain the definition of social business by distinguishing the main aspects that distinguish social business from other forms of activity. However, there are also forms very close to social business. The research objective is to present differences of social business concepts and to identify advantages of such initiatives. The analysis of social business concepts has shown that social business is defined by three principles: social business solves social problems that are not addressed by the public sector; the main motive of social business is public benefit; representatives of social business exploit market mechanisms (without excluding the existing ones) when creating social benefits. Research has shown that social business does not yet have one specific definition, but, according to the development and perception of social business, two main directions can be distinguished: Anglo-American and European.

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Section
Integration System of Education, Science and Production
Author Biographies

Arturas Simanavicius, Lithuanian Sport University

Assoc. Professor, Ph.D. in Social Sciences, Economics,  Sports and Tourism Management Department. His area of research is sport and tourism management, tourism risk assessment. Skilled in innovation management, research and development, and implementation. Strong ICT and innovation professional. He teaches disciplines: project management, e-tourism, sport and tourism management, sports economics. Scientific interests: Sport management, sports economics, tourism risk assessment. 

Eimantas Kisielius, Lithuanian Sport University

Ph.D. in Social Sciences, Economics. His area to research is social business and innovation. Scientific interests: Social business.

Liliia Kharchevnikova, State Biotechnological University

Candidate of Economic Sciences (2021), the Assistant Professor of the Department of Production, Business, and Management. She teaches the discipline theory of organization. Scientific interests: The mechanism of increasing competitiveness, development of the economic and production-technological potential of subjects of agro-industrial production. Author of more than 10 scientific works. 

Liliya Svorobovych , Odesa National Economic University

Candidate of Sciences (Economics). Her continuous experience exceeds five years. Since 2016 she has been working at Odessa National Economic University. In addition to research work, Liliya Svorobovych teaches. Among the courses she teaches are: business performance management, business management, management decision-making methods and more. Research interests: management, factor analysis, business efficiency.  Researcher ID : F-7998-2018

Alla Chykurkova, State Agrarian and Engineering University in Podilya

Doctor of Science (Economics), Professor, Head of the Department of Management, Public Management and Administration.  She teaches disciplines taught: Management, Business Administration, Strategic management, Management of public institutions and organizations, Business planning, Management and Administration, etc. Author of more than 148 scientific works. Scopus ID 57210819285

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