Social Enterprise and Sustainable Social Development: Lessons Learned from Foreign Countries and Development in Thailand
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Abstract
This article intends to propose social enterprises as a business approach that contributes to sustainable social development. It analyzes the concepts of social enterprise and illustrates the cases of social enterprise in foreign countries and how they are implemented in Thailand. Even though social enterprises have different missions, they have four common elements, namely, starting with goals for society, standing for social problem solving and adding value to the society, creating financial sustainability and embracing social ownership. Social enterprise reflects the value that each society can use as a way to solve problems and develop society without waiting for support from the government and other agencies. Examples of social enterprises both in foreign countries and Thailand can be used as a guide to build a good and sustainable society.
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