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Dialogue in the Dark: Shedding Light on the Development of Social Enterprises in China
Author(s) -
Wang Hua,
Alon Ilan,
Kimble Chris
Publication year - 2015
Publication title -
global business and organizational excellence
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 16
eISSN - 1932-2062
pISSN - 1932-2054
DOI - 10.1002/joe.21615
Subject(s) - china , business , market economy , social enterprise , competition (biology) , profit (economics) , blindness , face (sociological concept) , communism , marketing , public relations , economic growth , economics , politics , political science , sociology , medicine , ecology , social science , optometry , law , biology , microeconomics
The application of for‐profit business practices to nonprofit organizations, social enterprises are a way for nonprofit organizations to find funding in a time of rising costs, falling donations, and increased competition from for‐profit businesses in the social sector. Although well established in the mature economies of the West, these enterprises are a novelty in the emerging economies of Asia and in the transitional economies of the former communist world. The experiences of Dialogue in the Dark, a social enterprise concerned with the problems associated with blindness, highlight the unique challenges that social enterprises face in China and offer lessons for entrepreneurs who may wish to embark on a similar venture. ©2015 Wiley Periodicals, Inc.