International Practices of Social Entrepreneurship and Prospects of Their Application in the Russian Federation

Relevance. Social business in Russia only followed a way of the development whereas in foreign countries this business direction actively develops not one decade. Social business is a new stage in life of society which is characterized by the solution of social problems with the help of the innovative business ideas.
The purpose of research is to reveal features of development and distribution of social business in foreign countries and also the application conditions specified the practician in the Russian realities.
Objectives. In accordance with this goal, the following research tasks are singled out: analysis of foreign experience in the implementation and development of social entrepreneurship, highlighting factors and conditions that contribute to the effective development of this business area abroad, identifying possible directions for the development of Russian social entrepreneurship based on foreign experience.
Methodology. The article analyzes the foreign experience in the development of social entrepreneurship. Examples include the experience of Canada, the Republic of Korea and the Republic of Moldova. Also formulates the main provisions of foreign legislation that can and should be applied in Russian realities. Also characteristic of results of the international rating of the countries with the best conditions for social business is given.
Results. As a result of the carried-out analysis the main difference of the Russian social business from social business in the considered countries which consists in absence in our country of special federal body which would coordinate all questions in this sphere was revealed and acted as the main subject in development of social business. Emergence of a new branch of business demands new changes in the legislation, including emergence of the appropriate authorized body. For such transformations, it is also necessary to study foreign countries, to analyze their experience in this sphere.
Conclusions. The analysis of experience of development and distribution of social business of foreign countries is the most important aspect of the state support of this direction in Russia. Will allow the country to reach achievements of the most progressive countries in this direction new level in development of social business. It is worth emphasizing that importance of social business does not leave doubts – such business direction is necessary for any country including for Russia. The solution of social problems with the business help – a new stage in development of society.

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