What determines success and what prevents the development of social entrepreneurship, why it is important for social entrepreneurs to be able to analyze the social impact of their work and what is the role of development institutions – the editors of Positive Changes journal cover these topics in a conversation with Natalia Zvereva, director of “Our Future” Foundation.

Natalia Zvereva

Natalia Gladkikh

PhD in Psychology, Leading Expert, Centre for Technological Innovations, Institute of Social and Economic Design at the Higher School of Economics

Yulia Vyatkina

Editor, Positive Changes Journal

We know that the “Our Future” Foundation, together with the Higher School of Economics, has studied the experience of impact investment development in 17 countries around the world. Is there such a thing as a universal success strategy for the development of social entrepreneurship? Or are these always local stories whose success depends very much on the regional context?

We actually studied global best practices when launching major projects and programs for the development of social entrepreneurship in Russia. A universal model that would work worldwide has not been established – and cannot be established, because social entrepreneurship is based on the most urgent social problems that differ from country to country.

At the same time, there are some general principles that allow implementing a systematic approach to the development of social entrepreneurship. First, it is important to have cooperation between state institutions and big businesses. Effective development of social entrepreneurship requires investment and a solid regulatory framework, and this kind of symbiosis cannot be created single-handedly. Secondly, it is very important to develop information platforms. In this age of enormous information streams flowing in all directions, it is easy to get overwhelmed and never find the information you need. Moreover, prospective social entrepreneurs need to be able to see success stories, to know they are not alone. The third important aspect is an active position of big business itself: not only do we need investment, but also a willingness to share knowledge and teach small and medium-sized businesses. And finally, another vital factor contributing to the sustainability of social entrepreneurship in any country is the formation of permanent development institutions.

Would it be right to say there is a certain set of factors determining the success of social entrepreneurship in the country?

First of all, it is the overall economic climate. New challenges pave the way for social entrepreneurship for several reasons. For example, foreign manufacturers leaving. This opens up niches for import substitution, which small and medium-sized businesses can fill. In addition, the search for new economic models is often discussed as an alternative to the existing relations. The business needs to change its mindset: from the “sell fast and cheap” approach to the philosophy of meeting the needs of people, specific social groups, addressing specific social problems. People have become more active and courageous, the new generation is more empathic and more determined to change the world for the better. We have high hopes for them.

Second, cross-sector interaction is very important. The government is currently “probing” the field of social entrepreneurship at the legislative level. There is a potential for expanding the scope of the law on social entrepreneurship. Perhaps by increasing the groups it applies to. Or perhaps through unification and merging of different registries.