social enterprises in uk and italy resource mix and legal：英国和意大利的社会企业资源组合与法律精品.pdfVIP

8/2012 SOCIAL ENTERPRISES IN UK AND ITALY: RESOURCE MIX AND LEGAL FRAMEWORK ANALYSIS Bachelor Thesis | Bilyana Vencheva Resource mixes within Social Enterprises in relation to the operating legal framework: Focus on UK and Italy Bachelor Thesis Department of Applied Economics Erasmus University Rotterdam Student: BilyanaVencheva Student number: 330824 E-mail address: 330824bv@student.eur.nl Supervisor: Dr. B. Hoogendoorn E-mail address:bhoogendoorn@ese.eur.nl Co -reader: Mr. Darnihamedani E-mail address: Darnihamedani@ese.eur.nl 1 Abstract: In the recent decades researchers have focused their attention on the increasing importance of the social company which can be considered a hybrid between the traditional business and not for profit sector (Davis, 1997). This relatively new type of venture has assumed the social mission as the leading pillar in its value creation process, incorporating business practices in order to obtain more efficiency in resource utilization. This relatively new type of venture has assumed the social mission as the leading pillar in its value creation process, incorporating business practices in order to obtain more efficiency in resource utilization. Government has recognized the comparative advantage of social enterprises in the provision of certain services. This resulted in the establishment of more institutional arrangements and regulations th