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How Policy Is Building a Social Economy in South Korea

NonProfit Quarterly

Today, it has the tenth-largest gross domestic product in the world. Today, Korea’s social and solidarity economy is increasingly mature—with a system of national legislation supporting four types of solidarity economy enterprises: self-sufficiency enterprises, social enterprises, village community enterprises, and cooperatives.

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Not Invented, But Scaled Here

Stanford Social Innovation Review

On one hand, social enterprises and other small innovative organizations can be an engine for conceptualizing, designing, testing, and validating new solutions to old problems. After introducing reading glasses to the product mix, the 33 percent margin on glasses significantly increased the margin on the Live Well basket of goods.

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ESG Needs a Shared Language

Stanford Social Innovation Review

While nonprofits and social enterprises tend to want to use it as a tool to force companies to contribute to the SDGs, investors want consistent measures to evaluate financial decisions (namely risk), and business leaders want not to incur higher costs. scores and find themselves in most big E.S.G.

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Member Benefit: Free course on using AI tools for good

CNPE

course here. course here.

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In Search of Inclusive Social Entrepreneurship

Stanford Social Innovation Review

After some years, DJ Bola found out about the Artemisia accelerator program, the first social enterprise accelerator in Brazil. DJ Bola could fully realize the potential of his venture and started to attend events and form connections within the social entrepreneurship ecosystem.

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The Social Impact Investment Mirage

Stanford Social Innovation Review

Corporate promises of “partnership” and leveraging their buying power from social enterprises can also be elusive. The company has pledged to procure five percent of its spend from social enterprises and companies led by underrepresented founders by 2025. Consider SAP’s 2020 5 & 5 by 25 announcement.

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Reimagining the Role of Business in Protecting Biodiversity

Stanford Social Innovation Review

agriculture and forestry), land reduction and management opportunities lie in adopting innovative products and increasing the productivity and biodiversity features of their working lands. Solugen is currently constructing a commercial biomanufacturing facility to scale production—and it is just one of many innovators in this market.