An evaluation of the uneasy transition towards social enterprise UK Online publication date: Mon, 16-Jun-2008
by Nnamdi O. Madichie, Magdalena Read
International Journal of Management and Enterprise Development (IJMED), Vol. 5, No. 4, 2008
Abstract: Owing to ebbing grant funding in the UK in recent years the drive for transforming Black and Minority Ethnic (BME) Voluntary and Community Sector Organisations (VCSOs) from grant-seeking to Socially Enterprising (SE) activity has gathered momentum. However, engaging in entrepreneurial activities requires scaling hurdles in order for firms to successfully break out of the entrenched 'dependability' culture. In this paper, we argue that 'sustainability' can only be achieved incrementally from 'dependability' through 'self-sufficiency'. In doing so, we highlight the uneasy entrepreneurial metamorphosis based on a two-tier survey of BMEs in the Yorkshire and Humber Region of England.
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