SOCIAL ENTREPRENEURSHIP – DEVELOPMENT TRENDS AND EFFICIENCY ANALYSIS IN EU COUNTRIES

Abstract

The study analyses the development of social entrepreneurship in theEU. The state system of its recognition at the legislative level is noted.International standards that allow developing social entrepreneurship andforming a system of its non-financial reporting are analysed. The necessity to take into account the results of these economic entities as a basic basis for the development of socio-cultural sphere and local environmental measures, which guarantees the observance of constitutional social values of citizens, social groups and society in general. The group systems of indicators are described, which allow to estimate both material and monetary contribution to the development of the social and environmental sphere of sustainable development of society. This set of indicators is necessary to assess the effectiveness of social entrepreneurship at the level of the territorial community and the city, and further calculation should be carried out in determining the integrated indicator – the Index of Social Entrepreneurship.The results of the study can be used to study trends and furtherdevelopment of social entrepreneurship and used in further development of methods for calculating the system of indicators of quality and quantity of implemented social entrepreneurship services, as well as their contribution to sustainable development of EU territories and countries.