June 8th, 2008
Social Enterprise - how did the term come about, and where will it go from here?
Here’s a somewhat UK-centric perspective on the origins around the term “Social Enterprise” (link to full article). The author, Dr Rory Ridley-Duff lists different audiences (see below) that should be aware of the history and evolution of this space. I see the third audience type, referring to the public sector being asked to craft out bills and create systems to nurture the field of social enterprises, as being most influenced by the legacy around this term, as well as needing a strong case for definition around what constitutes a social enterprise.
1. Those in the private sector wondering if social enterprises are a threat or an opportunity for them (and how they might alter their own practice to remain competitive).
2. Those in the voluntary sector trying to work out their medium/long-term future (whether they should engage or resist the notion of social enterprise).
3. Those in the public sector being asked to develop, support or commission work from social enterprises.
4. Those who self-define as part of the social enterprise sector, wondering how to understand themselves and describe the value of their approach to others.
For another interesting read on why we should care about what social entrepreneurship really means, please refer to “Social Entrepreneurship: The Case for Definition” by Sally Osberg and Roger Martin.