CONCEPTUAL FRAMEWORK FOR QUALITY OF LIFE MANAGEMENT: SOCIAL ENTREPRENEURSHIP PERSPECTIVE

Abstract

This article shows that initiatives of social entrepreneurs and socially-active entrepreneurs can enhance collaboration for value creation between business- and social-markets. In global business understanding, co-creation for social and economic value more often becomes an important self-accelerating mechanism, helping to improve a country's quality of life, competitiveness, and economic growth. By given holistic approaches to Welfare, Quality of Life, and Co-creation in the perspective of Social Entrepreneurship, this article seeks a more systematic understanding of social and economic development at regional and national level, which requires active input from all market actors and interest groups - including entrepreneurs, academics, and policy makers - in order to create and co-create value together and achieve visible results. [ABSTRACT FROM AUTHOR], Copyright of Economics & Management is the property of Kaunas University of Technology, Faculty of Economics & Management and its )