• Keine Ergebnisse gefunden

Elementsofatheoryofsocialenterprise Bellanca,Nicolò MunichPersonalRePEcArchive

N/A
N/A
Protected

Academic year: 2022

Aktie "Elementsofatheoryofsocialenterprise Bellanca,Nicolò MunichPersonalRePEcArchive"

Copied!
25
0
0

Wird geladen.... (Jetzt Volltext ansehen)

Volltext

(1)

Munich Personal RePEc Archive

Elements of a theory of social enterprise

Bellanca, Nicolò

University of Firenze

28 October 2011

Online at https://mpra.ub.uni-muenchen.de/34537/

MPRA Paper No. 34537, posted 06 Nov 2011 07:41 UTC

(2)

!

" # $ % & % % '

( ) ' * ! + , ) $ * -

+ '. # / 0

1 + 2 0 0 )

(3)

3

4 - 5667% 5667% 5668% 1

56689 $

)

:5

4 9 " :;

3 1 < :=

) 3 4:>9 3

4:79 4:?9 :@

3 3 A B 3

. !

A B

4"

566@9 $ C A B

D !

!E 4$ 0 !

566? 79% 3

"

5668 ' 2

(4)

F

#

"

3

2 !

. 4

1 .0 9

4& G - H A

B9 & 4 9

#

3 I 3 .

! #

!

! !

' . ! #

3 3 !

% 3

3 (

3 !

# 3 3

'

!

#

$ 1

! . . J 3

!

4 9 <

$ < 3

(5)

% 3 3

<

*

A ! B $ !

$ ! 3

3

! I

!

! <

! A ! B

F ! !

" C

!

%

3 % 3

% 3

3 !

4 9

4 F 56KK9 3

0 & 4K8>89 4

9

3 !

!

!

4 ) 3

!

9 4

A B 0 L K88;9

4

0 56679 "

(6)

#

M 3

#

%

# 3

3

3 $ 3

N " '

.

!

! "

%

0

. 4O 56679 F

. L

A B 4&

56689 F

3 .

< 4( - -

566@9 I 3

! 4 9

4& 566=9 F

+ K

(7)

F

J

D" #

%

4 ) 9%

4 < 9 4 3

9 J .

!

%

! !

% !

P 3 P E 4&

566@ ==9

Finanziamento con interessi

Massimizzazione del profitto RELATIVA

Profitto distribuito

NO

Remunerazione dell’investimento

NO Profitto

NO

IMPRESA SOCIALE

1

2

3 4

5

+ K

F C 3

& , 4566@ 56K69 F

(8)

'

%

% !

M

3 ! 4

3 ! 9

4 9

4 9

! 4 3 9

1

! $ ,

A B A B

A

B A B A B A B A B A B A

B

3 #

C 3

C

A B 3

( 3

K

K ! 3

!% %

' < !

3

H ) 456679

(9)

3 C

4 9 '

A B

N . # 3

! C

3 3

4 9 I

3 C #

! !

1

4$ $9 ) *

4F;$9# !

4 9

4 9

* 3 !

# 3 + 4 +

' 9

40 $

5668% 0 J 56K69

I 3 3

'

C

40

<9

(10)

I 3

2 #

3 3

A ! B

3

. $

A ! B A ! B F

A ! B P

- P !

! " A ! B

3

# :5

3 )

A B

3 C

3

! 5 "

3

% !

$ 3

' . 3

.

3 C

C

A B & !

&

4 9

5 & ( D

3

!

C

! E $

4566K =?;9

(11)

!

!

& !

3 )

!

%

!

3 C 3

% 3

C

3

!

3

$ A B

" Q "

'

!

!

F .

!

)

(12)

) 3

* C

! !

3 !

4 9

4 9 3

F (

" .

% " 456679

3

*

! P

P

$ 3

A B 3

J A

B

" C 43

9 P P !

3 43 9

3

C )

$

(13)

$

$ $

$

! $ %

2

# C

4F KK@R6> ( K>>R67 9

) )

3 :;

P 3

P % P

P #

N .

! )

# !

4 56K69 . 3

;

; . ! '

3

3 ! 3

3 !

%

3 ! )

3 4 9

# )

3 !

! <

! $

P P

A B

3

3 % 3

(14)

0 #

K $ 3 !

4 A B9

% 5 $

3 !

F 3 #

! " ! #

F

F 3

%

%

3 =

!

4 9

! 4& H L K8@;9 4 9

!

3

F ! 3

A B

! (

% !

G 4K8@69% & - 4K8@89

= 3 C ! 3 C

) 4566?9

(15)

! . 4( L K8@69 F

A B 3

!

4G K87@9 )

A . B 3

4G K88@9 )

> &

.

3 . 3

7

! 456679 A

B

!

C

3

3

. D STU !

!

3 )

> * #

!

G ' 4K88@9

7 , 456669

3 . * D !

! F !

! F !

3 4

9 4 9E 4" .) H 566? KK89

(16)

4 !9

!

3 E 40

56K6 K569 F

A B%

<

! 4 ! 9

F 3

3

' #

! %

3 !

! ! F .

3 !

A B .

$ % & '

! (

0

4 A B

9%

4 9%

A ! B 3 . 4 !

9%

A !

B 4 C

3 3 9 4

! 3 9 3

3 ' 4K9

% 459 )

(17)

4 9

% 4 9 . R3

% 4 9

% 4 9

4K9 P 4 9.4 9.4 9.4 9 P

3 459

2 A B

3

!

3 !

#

! R R 4 L 566= =9

3

F !

4 C

9# !

! "

4 9 3 4 9

4 9

4 9 #

4 9 ! 4 9 !

! ! %

4 9

!

#

F

! !

% R

!

!#

3 . % 3

(18)

) ! C

3

3 3

3

3 )

4 !

!9 3

3 4 9

3 .3 3

' ! !

#

! !

! ( 3 C

C !

& ! . !

#

#

% A B

F ! < . ! % 3

A B

40 566= 59

F < # !

(19)

C

! "

3 A

B !

0

C !

?

) *

$

$

A B

4A B9

4A B9# P

P .

3 3

& !

A . B 3 !

3 4( -

566K9

$ A B

F

& 3

' . '

4 :=9 "

? 3 *

P F P J 456689

(20)

3 ' 3

( 3

' J ) 3

'

C D

! E 4" 56689

F ' . 3 '

3 C '

Q )

3 4 A B9

* 3

<

3

A B

@ 2

3 # 3 A B

3 % 3

C & 3

)

<

' 3

" #

. !

4 9

3

@ ( 4K8?59

(21)

4 G 566>% VL H 566@% ( & "

56KK9

) !

3

( ' ) 4(')9 3

# !

!

C 3

(') A

B 8

" P P

! 4 9%

3 A B

D A B

STU F ! A B

3 % 3

E 4+ 56K6 >?.>@9

3 3

3

" C 3

)

! 3 #

P C

4 9

8 # := ) (')

2 P P & 456KK9

(22)

P C 3

H !

4 ?5R56KK9 J ) 2

! 3

3

! )

3

3

& ! A

B 4 9

Q 2

A B

3 3 !

< " A

B 4 9 3

4 9 A B $

# 3

< F ::5.=

3

+

F #

K9

59 ) ! !

3

;9 .

=9 F

(23)

>9 *

A B . ! !

79 !% 3

!

?9 ( C

@9 ' '

!

89 *

A B

. K69 *

(24)

F 210 +

( O P 0 W 456679 $ $

* - " $

456689 % & V " F

P ( G 4K8?59 A" B

' ???.8>

" 456679 ( )*+* ' .O ) + %

( )*+ ' & 566? K=

4566?9 , * - * !

' &

P F 0 P J ' 456689 A " F QB

. ; K>7.K?8

456K69 A B ( ;.= 5>.

;5

P F & 456KK9 AF B /

K55 K?.;6

L ) 4566=9 0 * 1 " * - "

" W

W & P , , W 456669 A) # B 2

, $ =;4K9 K.K;

$ + P " 4566@9 A L

' # - B $ , K7

$ 0 ! 4566?9 A0 B &

1 0

( L 0 4K8@69 B) B ' 3 4 ;K K78.8;

( - W 4566K9 A+ B $ P W ( - 4 9 %

0 F K.5@

( - W P - & 4566@9 A) ' # B

/ $ 2 =4;9

( & ' P " & 456KK9 A+ . # L

B 0 5 K;>

+ 1 456K69 A # ! B & $ P

1 + 4 9 . * . ( 0 '

>?.>@

1 1 P $ 456689 A) B / 6 >4;9 5K6.55@

G G 4K8@69 AJ B 7 , 6 @8

G 1 4K87@9 AJ - B / K75 K5=;.=@

G & 4K88@9 BJ - # - & N

H B 8 , 3 KKK 75K.7@@

G & P ' 0 ) 4K88@9 A$ Q J

B / 5@6 78@.?6K

0 4566K9 A*

B $ * ! F K;4;9 =?;

O W 456679 A) * ) ' #

B 9 K?4;9 5667 5=7.75

& 1 4566=9 , F &

& & 456689 A0 B W

F F P & F 4 9 . ) 0

& H ( P L & 4K8@;9 A) B F X P " ) L 4 9 3

) - G KK.==

& - & X 4K8@89 4 ) F

& " 4566@9 $ $ 0

& 0 4K8>89 % & 1 L G L , H

456679 / 2N * - " 2N

- & 456679 / 0 F

2 + P & P & J 456KK9 A (')B + 2 4 9 -$/ *

$ $ KK8.K=>

" & 456689 AF # ! B / KK;

" W " 4566@9 A$ - B ) ( P F ' 4 9 %

4 & F

(25)

" .) H 4566?9 A J ( Q F B * & P

' 0 P ) 0 ! 4 9 . * .

& KK>.5?

0 0 J 1 456K69 A( #

B $ =

0 L W 4K88;9 4 $ * - " L , H

0 W 4566=9 % * : 2N

* - " L , H . 2N

0 $ $ 456689 A* #

B ; 4 = K>8

0 ' 456K69 0 & M

) 1 456679 ( * . ' J

M G ' 4566>9 - & J " $ 4& 9

, & 4566@9 < + & 5668

, & 456K69 / = > + &

VL H ( P ) O P ( - 4566@9 A" L H# Y . L

H . -B 2 @459 K7;.K87

Referenzen

ÄHNLICHE DOKUMENTE

Institutions for Healthy Assets Market and Economy: A Retrospect for. Indonesia

3a roJrflMa qacr or Qep- MHTe o6aue, ToBa e tre4uucrBeHl4.r H3TorrHHK 3a BbHrrrHo SuuaucnpaHerr Ha rsxHara reKynlav xbn- rocporrHa Aefisocr. Cre- AoBarenHo, Kofaro

€H uvatiufgeuc'ttltuseslcaoc I{Holfl^tecorr'trr(dr nedutruQr{r?sxeH - Iacd(ced uududre (erewdeQ Et uur.raQnlreucen) r,rnnorahuVedr ?H I,Ilrerex -arudu oJrIHIrIlI leQan eu

Institute of Agricultural Economics, Sofia, INRA-ESR, Montpelier.

Haii-rorcMr4qr npo6leu TyK eo qe Koraro rra3apbT nnu YacrlJ^vtsT {icKTop H3I-JIcxAa He paSorm crfcxrrlnuo, ToBa Hc o3HarlaBa qe Bnnarw AT,pxBHara HaMcoa e

EAuncrneHo c npeBpbulaHero Ha UHAI{BI'I- AyanHHTe TpaH3aKuI{u B ocHoBeH eIIeMeHT Ha aHaIrrr3a Ir c oIreHKa Ha cpaBHureJrHara eSexrun- Hocr Ha anrepHarl{BHl{re

Ocnes roBa 3a ceJlcKoro crotlaHcrBo rlo-cKopo e B{pHo o6parnoro I,I ro Hafi-'Iecro ce xapaKTepla- 3upa Karo Sauu&#34;neu, orKoJrKoro Karo rpyrloB HnlI KopIIoparI4BeH

Does Poverty Alleviation Increase Migration. Evidence