A growing number of socially motivated entrepreneurs have been creating new kinds of organizations that combine a social mission with a business engine. Unlike typical for-profits, these "for-benefit" enterprises have social or environmental outcomes as their ultimate bottom line; and unlike typical nonprofits, they derive their income mostly from the sale of goods and services rather than from grants and donations. They defy classification as pure business or non-profit and are very much a blend of the two. Many more such enterprises would exist, except that most entrepreneurs haven't been able to choose "for-benefit" as a legally recognized organizational structure. Most countries' legal and economic systems allow only for-profit or nonprofit activity, so entrepreneurs often end up shoehorning their vision into one or the other structure and accepting burdensome trade-offs in the process. All this seems destined to change. For-benefit enterprises will become more commonplace as entrepreneurs learn to better navigate existing constraints, and as an ecosystem of specialized support-including public policy, financial markets, accounting standards, and professional services-develops around them. The even bigger news is what will happen then, writes the author. With formalization of the for-benefit structure, we will see the emergence of a fourth sector of the economy, interacting with but separate from government, nonprofits, and for-profit businesses. The rise of that sector is likely to reshape the future of capitalism.

【書誌情報】

ページ数：7ページ

サイズ：A4

商品番号：HBSP-R1111F

発行日：2011/11/1

登録日：2012/3/28