In the past two decades we have witnessed-in conjunction with the rise of civil society-the emergence of social entrepreneurship as a new phenomenon. Such social enterprises have by now established themselves as a new force in societal development. Simultaneously, business and its engagement in society, hitherto termed Corporate Social Responsibility (CSR), has become ever more important. However, such CSR and social entrepreneurship remain very separate from each other. Further, both fail to take into account the so called "hybrid" enterprises emerging. In this article we shall briefly analyse the fertile chaos that such a changing face of enterprise represents, and will argue for the need to transcend such current notions towards a more integrated form of enterprise. We illustrate how such a newly integrated form is better equipped to address the burning issues organisations are facing today, than the old economic-and-social ones in turn. © 2008 Springer-Verlag.
Mendeley saves you time finding and organizing research
Choose a citation style from the tabs below