TAF PUBLISHING

The emergence of Social Entrepreneurship Organizations (SEOs) has marked a significant shift in addressing social and economic challenges within regions while upholding democratic values and principles. These organizations employ localized strategies to counter the negative repercussions of global economic financialization. Through socio-economic initiatives, SEOs generate regional momentum by harnessing local resources and fostering collective action, thus bolstering regional development. SEOs act as intermediaries that bridge the gap between public policies and market forces. This study elucidates the complex interplay among SEOs, local governance, and regional development. In the context of evolving governance structures characterized by diminishing state involvement and growing emphasis on networks of actors, SEOs have assumed a pivotal role in reshaping public action. The shift towards localized governance has found a natural ally in SEOs due to their inherent participatory decision-making processes and deep-rooted connections within regions. SEOs serve as linchpins for constructing local networks, thereby facilitating the expansion of local governance models. This comprehensive exploration of SEOs and their impact on regional development is underscored by a robust theoretical foundation that combines insights from territorial economic analysis and sociological perspectives. This study highlights the role of Social Entrepreneurship Organizations (SEs) in revitalizing regions, generating social and economic value, empowering local actors, promoting local governance networks, mobilizing resources, and horizontal deliberation. The practical implications of this study are far-reaching and offer a roadmap for policymakers and regional development practitioners to harness the potential of SEOs in promoting local development. By advancing the knowledge of the complex relationships among SEOs, local governance, and regional development, this study provides valuable resources for academics, policymakers, and practitioners working in the realms of regional development and social entrepreneurship.