Dynamic return spillovers between supranational and regional green bond markets

ENSocial enterprises are created and are developingusing market possibilities in Lithuania. The paper seeks to disclose the situation in Lithuania from the legal, economic,technological, environmental and the sociocultural positions, and hence provide the perspectives for potential social entrepreneurs to create or start such kind of business. Despite the enforcement from the government and EU policy focusingrecent years onsocial enterprises, numerousproblems in Lithuania such legal ambiguity, lack of knowledgeand appropriate skills of human resources, lack of financial and cooperation support for social enterprisesexist. The product and added value created by social enterprises remain difficult to understand and measurefor people starting their own business. Management of social enterprises’activity stayscomplicated of lack of appropriate competencesand skills. The paper seeks to disclose Lithuanian circumstances with respect to the legal, economic,technological, natural,and sociocultural positions, which provide the attitude of potential social entrepreneurs to create new ideas/ andstart such kind of businesses and disclose main barriers for the development of social enterprises in Lithuania in terms of existing situation. Research methods include the scientific literature in depth analysis, statistical data analysis, situational analysis.The results of the paper present the situational factorsof creating and developing social enterprises in Lithuania, especially emphasising the rural areas and their environment. The period of research was conducted from 2018focusing mainly on three years period forward.Research methods include scientific literature in depth analysis, statistical data analysis, situational analysis. Keywords: social entrepreneurship, social enterprises, environment of social entrepreneurship. [From the publication]

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