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BUILDING CONDUCIVE ECOSYSTEMS FOR
SOCIAL ENTERPRISES
Antonella Noya, Senior Policy Analyst
OCDE
OECD-EC CAPACITY BUILDING SEMINAR
“BUILDING ENABLING ECOSYSTEMS FROM SOCIAL ENTERPRISES”
BRUSSELS 22ND AND 23RD
APRIL 2015
• SEs face a number of barriers
• Policies can help SEs to overcome these
• Governments can establish fruitful relationships with SEs
which can help them in return to meet their policy
objectives
• SEs deliver SOCIAL ADDED VALUE
• SEs deliver ECONOMIC VALUE
Why public policies should support social
enterprises?
Legal and
regulatory
framework
Access
to
finance
Access
to
market
Business
support
structures
Training
and
research
Enabling policy ecosystems for social
enterprises
• Importance of having an appropriate legal framework in
place
• Policy makers and investors need clarity and
predictability. Legal and regulatory frameworks can
contribute to this.
• Legal framework s are important but not sufficient
• New legislation or adaptation of existing legal forms?
Legal and regulatory frameworks
• Mix of financial resources for SE
• Evolving landscape for social enterprises finances
• Role of government changing towards a ‘catalyst role’ but
still an important direct role in providing funds
• Range of different financing tools needed:
– Debt, equity and quasi-equity instruments, patient
capital
• Government can contribute through:
– Credit guarantees
– Fiscal incentives for investors
– Partnerships with social finance intermediaries and
investors
5
Access to finance
Stronger, more resilient, social economy
organisations
Procurement
policy
Levelling
the
playing
field
Improving
the
managerial
capacity
6
Access to markets
• Importance of business support structures
• Is there a favorite model? Is a ‘braided’ system of support
a better solution?
• Emergence of new business support structures
• Hubs and incubators need to be spread and supported.
Business support structures
Training and research
• Appropriate training and skills provision is
needed
• Capacity building is important (both for policy
makers and social enterprises)
• Research contributes to the identification and
articulation of SEs needs, functions and
potential : importance of co -constructed
knowledge
8
Policy co-construction:coordination and
co-operation
Working
horizontally
across silos
Working
vertically
across levels
of government
Participation
of relevant
stakeholders
Reduction in
information
asymmetries
Reduction in
transaction
costs
Greater policy
coherence and
effectiveness!
SOU
A coherent policy making process for social entrepreneurship
International
Network
Social Economy
Actorsand
Stakeholders
SUPRA-
NATIONAL
Clusterof
Institutions(i.e. EU)
REGIONAL
GOVERNMENT
Horizontal
Multi-stakeholder
Spaces
LOCAL
GOVERNMENT
Horizontal
Multi-stakeholder
Spaces
NATIONAL
GOVERNMENT
Horizontal
Multi-stakeholder
Spaces
Intermediaries
SSE / SE
C
o
-
C
o
n
s
t
r
u
c
t
i
o
n
C
o
o
r
d
i
n
a
t
i
o
n
Source: Mendell, M (2010)
“Improving social inclusion at the
local level through the social
economy: Designing an enabling
policy framework” OECD Local
Economic and Employment
Development (LEED) Working
Papers, OECD Publishing
Thank you!!
• For further information on OECD work on
social economy and social
entrepreneurship:
Antonella Noya: antonella.noya@oecd.org
Stellina Galitopoulou:
stellina.galitopoulou@oecd.org
11

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BUILDING CONDUCIVE ECOSYSTEMS FOR SOCIAL ENTERPRISES

  • 1. BUILDING CONDUCIVE ECOSYSTEMS FOR SOCIAL ENTERPRISES Antonella Noya, Senior Policy Analyst OCDE OECD-EC CAPACITY BUILDING SEMINAR “BUILDING ENABLING ECOSYSTEMS FROM SOCIAL ENTERPRISES” BRUSSELS 22ND AND 23RD APRIL 2015
  • 2. • SEs face a number of barriers • Policies can help SEs to overcome these • Governments can establish fruitful relationships with SEs which can help them in return to meet their policy objectives • SEs deliver SOCIAL ADDED VALUE • SEs deliver ECONOMIC VALUE Why public policies should support social enterprises?
  • 4. • Importance of having an appropriate legal framework in place • Policy makers and investors need clarity and predictability. Legal and regulatory frameworks can contribute to this. • Legal framework s are important but not sufficient • New legislation or adaptation of existing legal forms? Legal and regulatory frameworks
  • 5. • Mix of financial resources for SE • Evolving landscape for social enterprises finances • Role of government changing towards a ‘catalyst role’ but still an important direct role in providing funds • Range of different financing tools needed: – Debt, equity and quasi-equity instruments, patient capital • Government can contribute through: – Credit guarantees – Fiscal incentives for investors – Partnerships with social finance intermediaries and investors 5 Access to finance
  • 6. Stronger, more resilient, social economy organisations Procurement policy Levelling the playing field Improving the managerial capacity 6 Access to markets
  • 7. • Importance of business support structures • Is there a favorite model? Is a ‘braided’ system of support a better solution? • Emergence of new business support structures • Hubs and incubators need to be spread and supported. Business support structures
  • 8. Training and research • Appropriate training and skills provision is needed • Capacity building is important (both for policy makers and social enterprises) • Research contributes to the identification and articulation of SEs needs, functions and potential : importance of co -constructed knowledge 8
  • 9. Policy co-construction:coordination and co-operation Working horizontally across silos Working vertically across levels of government Participation of relevant stakeholders Reduction in information asymmetries Reduction in transaction costs Greater policy coherence and effectiveness!
  • 10. SOU A coherent policy making process for social entrepreneurship International Network Social Economy Actorsand Stakeholders SUPRA- NATIONAL Clusterof Institutions(i.e. EU) REGIONAL GOVERNMENT Horizontal Multi-stakeholder Spaces LOCAL GOVERNMENT Horizontal Multi-stakeholder Spaces NATIONAL GOVERNMENT Horizontal Multi-stakeholder Spaces Intermediaries SSE / SE C o - C o n s t r u c t i o n C o o r d i n a t i o n Source: Mendell, M (2010) “Improving social inclusion at the local level through the social economy: Designing an enabling policy framework” OECD Local Economic and Employment Development (LEED) Working Papers, OECD Publishing
  • 11. Thank you!! • For further information on OECD work on social economy and social entrepreneurship: Antonella Noya: antonella.noya@oecd.org Stellina Galitopoulou: stellina.galitopoulou@oecd.org 11