Beyond philanthropy: When philanthropy becomes social entrepreneurship

Academic / Journal Article
Innovative Finance / Blended Finance
J Defourny, M Nyssens, S Thys
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The authors analyze alternative models and strategies aimed at achieving social impact, such as social entrepreneurship, impact investing, and hybrid organizational forms that blend profit motives with social objectives. This paper explores the evolving landscape of social good, moving beyond traditional philanthropic models to integrate market-based approaches. It examines how innovative financial mechanisms and organizational structures can be leveraged to create sustainable solutions for social challenges. The study provides a framework for understanding how the lines between philanthropy and entrepreneurship are blurring to maximize social impact and achieve systemic change.

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