Influence of Institutional Business Factors on the Growth of Social Enterprises in Croatia

Authors

  • Martina Dronjak Faculty of Economics and Business in Zagreb , Trg J.F Kennedya 6, 10 000, Zagreb- Croatia

Keywords:

funding, local communities, public sector, social entrepreneurship, social entrepreneurs, social enterprises, social enterprises growth

Abstract

Social entrepreneurship is recognized as a key element in overcoming social and economic problems. The impact of social enterprise is recognized in balanced use and allocation of available resources, reducing unemployment, strengthening of democracy, reduction of the informal economy, encouraging social cohesion and improving the quality of life. Social entrepreneurship in Croatia is faintly developed and it is necessary to get financial injection by the government to support the development and expansion of companies in the sphere of social entrepreneurship. In Croatia, there is still a missing institutional framework to support the operation and development of social enterprises. The main reasons for this are the lack of definition of the legal framework, but also a wide interpretation and understanding of the concepts of social entrepreneurship and social enterprise, both in theory and in practice. In order to see which institutional business factors influence on the growth of social enterprises, the data was conducted with primary and secondary research.

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Published

2019-11-19

How to Cite

Dronjak, M. (2019). Influence of Institutional Business Factors on the Growth of Social Enterprises in Croatia. International Journal of Sciences: Basic and Applied Research (IJSBAR), 48(5), 208–220. Retrieved from https://www.gssrr.org/index.php/JournalOfBasicAndApplied/article/view/10512

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