SOCIAL ENTREPRENEURSHIP AS A TOOL TO ACHIEVE THE GOALS OF SUSTAINABLE DEVELOPMENT

Abstract

The purpose of the article is to position social entrepreneurship as a tool for achieving the goals of sustainable development. Modern realities position social entrepreneurship as one of the effective and important tools for finding innovative approaches to solving social problems of both civil society and small and medium-sized businesses. The research consists in the positioning of social entrepreneurship as an innovative form of business, in its ability to introduce innovations, economic and social solutions to social problems, including poverty, support of vulnerable sections of society, environmental protection, protection of human rights, energy security, preservation and restoration of land resources, uneven distribution of capital, etc. The lack of resources in the state budget and funding of the social sphere based on the residual principle encourages people and communities to become more active and look for innovative approaches to solving their problems. A socially oriented business is able to contribute to the solution of environmental, social and economic problems, which are targeted by the Sustainable Development Goals. Social enterprises develop and disseminate new approaches to achieving the Global Sustainable Development Goals at the local level, starting with the lowest link – each member of the community, using both traditional business practices and innovation. Implementation of the policy of socially responsible enterprises and business ensures the competitiveness of the national economy. Without the implementation of the policy of socially responsible enterprises and business as a whole, it is impossible to ensure the competitiveness of the national economy. Social responsibility in the context of the introduction of sustainable development is a necessary condition and quality of the system of social interaction between social subjects at all levels of management. The competitiveness and image of the enterprise are largely determined by the level of socially responsible relations both within the enterprise itself and in the system of external relations. The more social enterprises operate in the country’s economy, the higher is the overall result of economic activity in the economic system and the more tangible is its social effect.