Acceptance of the Social Economy has grown in response to recent events in the capitalist economic system, which have laid bare some of the flaws in the conventional economic model. This increase in the Social Economy’s importance was officially acknowledged in 2011, when the Spanish parliament passed a national Social Economy Law. Another such landmark occurred in 2011, with the Andalusian government signing the third Pact for the Social Economy. Thus even public authorities have demonstrated their awareness of the importance of this layer of the economy. In addition, research has shown that entrepreneurial quality is of the utmost importance for the economic growth of territories. The current research attempts to analyse the entrepreneurial quality of the companies that belong to the Social Economy in Seville (Andalusia, Spain) and to compare them to conventional businesses from Andalusia (Spain) through a descriptive analysis. Hence the aim of this study is to confirm whether a business model based on the Social Economy is a viable and sustainable long-term alternative to conventional businesses. The results show that the Social Economy model may offer a better alternative than the more prevalent conventional business model.
Carmen Guzmán-Alfonso, María de la O Barroso-González and Joaquín Guzmán-Cuevas
José Carlos Márquez-López, Carmen Guzmán and Francisco Liñán
Gonzalo Maldonado Guzman, Maria del Carmen Martinez Serna and Domingo García-Pérez-de-Lema
This chapter investigates the transformation of the current society from an industry-based economy to a knowledge-management and innovation-based economy. They show that it changes the design and implementation of business strategies and the nature of the competition among organizations which are mainly small and medium-size enterprises (SMEs). Using data from a sample of 125 Mexican manufacturing SMEs, the authors find that knowledge management has a positive impact in products, process and management systems innovation.