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<jats:sec><jats:title>Abstract</jats:title><jats:p>After a review of the main academic research and perspectives on social enterprises both in China and abroad, a framework for understanding social enterprises is offered in summary. The framework has two dimensions: the social enterprise phenomenon and social enterprises’ characteristics. We also adopt three angles ‐ the public interest, markets, and culture ‐ from which to observe them. And we analyze them on four levels: market practices, public-interest innovations, policy support, and ideals and values. Upon these foundations, social enterprises can be defined as a form of enterprise somewhere between public-interest and for-profit enterprises, a product of the organic combination of the public interest and the market economy, and a kind of social organization combining properties and characteristics of NPOs and enterprises. As they develop, social enterprises in China have formed their own characteristics and specific models.</jats:p> </jats:sec>
The China Nonprofit Review – Brill
Published: Jan 1, 2011
Keywords: Public-interest innovation; Social enterprise; Social organization
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