Why Should Corporations Partner With Social Enterprises and Entrepreneurs?

Abstract

Every business strives to increase its productivity and stay sustainable. In order to maintain existing markets and enter new ones, businesses will collaborate and partner with various stakeholders. Most of the major issues confronting our society, including the environment, require strong partnerships. A growing number of startups support positive social and environmental changes-these startups are comprised of social entrepreneurs or socially responsible companies. This article discusses the opportunity businesses might have in partnering with social enterprises or by making a social enterprise a supply chain member. Some simple examples of social enterprises as a focal firm or an integrated member of a supply chain provide insights into this relationship. This article highlights benefits companies might experience from partnering with social enterprises.

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