Social Economy

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"The social economy is a grass-roots entrepreneurial, non-profit sector, based on democratic values that seek to enhance the social, economic, and environmental conditions of communities, often with a focus on their disadvantaged members. Social economy refers to a "third sector" in economies between the private sector of business and the public sector and government. It includes organisations such as cooperatives, non-governmental organisation and charities."

From: Advanced Glossary (2013). SESP: Social Entrepreneurship Strategy Planning. Retrieved from: http://cms.sesp-project.eu/EN/index456a.html?id=67&tx_a21glossaryadvancedoutput_pi1[char]=all&cHash=e5075e35c2