Social economy enterprises: The third/social economy (TSE) sector classification for advancing shared values for the common good
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Universidad Iberoamericana León
This article provides a panoramic overview of the challenges and advancements made regarding recent classifications of Third/Social Economy Sector both in Europe and internationally. The author examines the values and characteristics of social enterprise/hybrid organizations integrating the promotion of profit-business values along with community-social benefits. In reference to the existing literature and practices in the social enterprise arena, the new classifications provide an opportunity for scaling up the impact of social/benefit enterprises in order to advance the recognition of social economy values through appropriate investments and policies. These classifications improve our understanding of social innovation and sustainable social impact solutions relevant to the advancement of the social enterprise ecosystems in Mexico and Latin America.