The Business Times

Better support policies for social enterprises

Much potential for Asia, Europe collaboration, dialogue reveals

Published Fri, Nov 1, 2013 · 10:00 PM
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SOCIAL enterprises are alive and thriving and policymakers are increasingly recognising the opportunity to build a new economy - one that creates not just economic, but also inclusive and sustainable growth. Yet, strong and specific policy support for a better business environment for social enterprises (SEs) has been slow in taking shape, although attempts have been made with varying degrees of success in Europe and Asia.

Historically, Europe and in particular the United Kingdom have been at the forefront of the social enterprise movement. But policy influencers and social entrepreneurs point out that Asian states could do better with stronger policy support.

A recent dialogue held in Berlin among European and Asian policy influencers and social entrepreneurs found that there was still scope for greater collaboration between Asia and Europe to better communicate and reinforce the impact of social enterprises. And, such dialogues can give Asian policymakers more support to widen the scope and reach of the S…

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