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Social Impact Investing und Social Enterprise in Deutschland – Eine Bestandaufnahme

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CSR und Social Enterprise

Part of the book series: Management-Reihe Corporate Social Responsibility ((MRCOSORE))

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Zusammenfassung

Eine der zentralen Herausforderungen für Social Enterprises ist die Finanzierung des Wachstums und der Ausweitung ihrer sozialen Wirkung, da konventionelle Finanzquellen des sozialen Sektors oft nur eingeschränkt verfügbar und an einzelne Projekte gebunden sind. So gestalten sich Investitionen in allgemeine Betriebskosten („overheads“) oder die Entwicklung neuer Produkte und Dienstleistungen meist sehr schwer. Als mögliche Lösung haben unter dem Label Social Impact Investing jüngst Ansätze aus dem Venture Capital verstärkt Aufmerksamkeit erfahren. Im vorliegenden Beitrag wird eine systematische empirische Darstellung der größten Herausforderungen für Social Impact Investing in Deutschland vorgelegt. Wir erläutern sowohl die Perspektiven von Intermediären wie auch Beteiligungsunternehmen unter Berücksichtigung der spezifischen Bedingungen für Social Enterprises in Deutschland. Abschließend diskutieren wir einige Schlussfolgerungen für Praktiker und die Politik sowie für die weitere Forschung.

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Notes

  1. 1.

    Dementsprechend geht der Ansatz über die Idee des sozial verantwortlichen Investierens („socially responsible investing“, SRI) hinaus, das der vergleichsweise passiven Logik des negativen Screenings folgt, d. h. dem Ausschluss von Investitionsobjekten, die bestimmten sozialen und/oder ökologischen Standards nicht entsprechen (Barnett und Salomon 2003; Johnson 2003).

  2. 2.

    http://www.social-reporting-standard.de/.

  3. 3.

    Ein Problem, das sich noch verschlimmert, wenn mehrere Investoren beteiligt sind, so etwa vorgesehen beim zum Zeitpunkt der Untersuchung aktiven Matching‐Programm der KfW.

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Correspondence to Gunnar Glänzel .

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Glänzel, G., Scheuerle, T. (2019). Social Impact Investing und Social Enterprise in Deutschland – Eine Bestandaufnahme. In: Kraemer, A., Edinger-Schons, L. (eds) CSR und Social Enterprise. Management-Reihe Corporate Social Responsibility. Springer Gabler, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-55591-0_10

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  • DOI: https://doi.org/10.1007/978-3-662-55591-0_10

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