How do Social Enterprises Manage Financing Barriers? Evidence from China
Abstract
Social entrepreneurship has dual objectives, integrating non-profit goals and market-based techniques to offer new solutions to social issues. The concept was introduced to China in the early twenty-first century and has been evolving greatly since then. There are various barriers preventing social enterprises from adopting diversified financing instruments. Most social ventures in developed countries present an excessive reliance on grant financing. However, our understanding of how social entrepreneurs are managing financing barriers in the social context of China, an emerging economy with a strong central government, remains rather fragmented. This paper fills the gap in the literature by using a qualitative case study approach to analyze the solutions of three social enterprises in the Chinese social context to overcome financing difficulties.
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DOI: http://dx.doi.org/10.18686/mmf.v6i5.5987
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