Social innovation provides a way to solve social problems through innovative products/solutions, processes and empowerment strategies. Social enterprise could be considered as a hybrid organization adopting various social innovation measures to achieve social benefits. Putting it this way, social innovation thus happens through social enterprise. Nonetheless, social enterprises do not always involve social innovation. Then, an issue has been raised whether any organization which has some degree of social innovation (through either products, process or empowerment) could be called a social enterprise. No matter whether the concepts of social innovation and social enterprise are differentiated or intertwined, there is currently no consensus on the universally accepted definition of social innovation and social enterprise. This paper aims to see how law can facilitate social innovation through social enterprise. The focus is on analyzing hybrid company forms, the US’s Low-Profit Limited Liability Company (L3C) in particular. It relies on a documentary research method following a qualitative analytic mode making use of various types of documents obtained from many sources.

Authors:
Prapin Nuchpiam, National Institute of Development Administration, Thailand

About the Presenter(s)
Dr Prapin Nuchpiam is a University Assistant Professor/Lecturer at National Institute of Development Administration (NIDA) in Thailand

See this presentation on the full schedule – Saturday Schedule

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