Abstract
Social innovation provides a way to solve social problems through innovative products/solutions, processes and empowerment strategies. Social enterprise could be considered as a hybrid organization adopting various social innovation measures to achieve social benefits. Putting it this way, social innovation thus happens through social enterprise. Nonetheless, social enterprises do not always involve social innovation. Then, an issue has been raised whether any organization which has some degree of social innovation (through either products, process or empowerment) could be called a social enterprise. No matter whether the concepts of social innovation and social enterprise are differentiated or intertwined, there is currently no consensus on the universally accepted definition of social innovation and social enterprise. This paper aims to see how law can facilitate social innovation through social enterprise. The focus is on analyzing hybrid company forms, the US’s Low-Profit Limited Liability Company (L3C) in particular. It relies on a documentary research method following a qualitative analytic mode making use of various types of documents obtained from many sources.
Author Information
Prapin Nuchpiam, National Institute of Development Administration, Thailand
Paper Information
Conference: PCAH2024
Stream: Other Humanities
This paper is part of the PCAH2024 Conference Proceedings (View)
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To cite this article:
Nuchpiam P. (2024) Promoting Social Innovation With Hybrid Company Forms of Social Enterprises ISSN: 2758-0970 The Paris Conference on Arts & Humanities 2024 Official Conference Proceedings (pp. 141-153) https://doi.org/10.22492/issn.2758-0970.2024.14
To link to this article: https://doi.org/10.22492/issn.2758-0970.2024.14
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