Economic sustainability based on the triple bottom line is not new, but topical in the scientific discussion on the development of economic growth. International organisations globally, together with governments, budget an increase in funding for education as the main tool for sustainable annual economic growth. On the other hand, it is difficult to measure the outcome of financial effort, as it is an intangible asset. The current research is based on interviews with 20 professors and 20 students at Klaipėda University and LCC International University, to learn how they understand their role in economic development, and to verify the dependency of their desire to contribute more to their awareness. The findings of the qualitative research show that productivity by both students and educators depends on their awareness of their economic role. On the other hand, as the study shows the limitation of participants’ perception of their economic role, its promotion is suggested.
Journal:Tiltai
Volume 69, Issue 4 (2014), pp. 57–70
Abstract
The article advocates the principles of Social Economy (SE) as possibility to develop innovative social technologies for the social cohesion of society in situation of economic breakdown. The concept of Social Economy can be considered as European tradition and challenge for applying and finding sustainable forms of social inclusion on national level. The purpose and the object of the study is to investigate, which spheres and principles of SE are evident in the activities of community initiatives in Latvia thus establishing the recognition level of conceptual understanding and practice of Social Economy in national context among the Third Sector activities in Latvia and specifically non-profit movements. The overview of selected community initiatives showed there are initiatives that could be (1) placed in the sphere of productive economy on the scale of a community (2) by the very marginal people involved in initiatives, (3) administered as small businesses, (4) controlled by the people involved with democratic means of decision-making and (5) supported by social services and social workers, in order to overcome social exclusion.