Social Business in Emerging Economy of Networks

摘要

The paper analyzes social entrepreneurship as an indicator of emerging network economy, as the type of business models used by social enterprises are only sustainable in case they are based on networks (as literature indicates). To evaluate this proposition we have implemented quantitative analysis of interrelation between social entrepreneurship activity (the level of it was acquired from relevant Global Entrepreneurship Monitor report); development of networks (which was viewed as the share of rural population, where the strongest networks are found), and the level of economic freedom as an indicator of of institutional development quality (acquired from Heritage foundation report), as the literature suggests that social entrepreneurship activity can be found mainly in the environments with underdeveloped institutions. Quantitative evaluation was performed by means of correlation, cluster and graph analysis done with SPSS Statistics.