Munich Personal RePEc Archive

Editorial: Social Entrepreneurship and Socio–Economic Development.

Gawlik, Remigiusz (2015): Editorial: Social Entrepreneurship and Socio–Economic Development. Published in: Entrepreneurial Business and Economics Review , Vol. 3, No. 1 (2015): pp. 7-8.

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Socio-economic development can be understood in a number of ways. Jaffee (1998, p. 3) defines this term by saying that it “refers to the ability to produce an adequate and growing supply of goods and services productively and efficiently, to accumulate capital, and to distribute the fruits of production in a relatively equitable manner”. This definition seems to be the most accurate because it combines both leading and sometimes competing approaches to socio-economic development: economic (production, accumulation, efficiency) and sociological (social transition and change and relatively equal distribution of welfare).

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