Social Aspects of Entrepreneurship

Abstract

The article is devoted to the study of the social value of business activity and the possibility of its consolidation in the legislation. The author notes the positive and negative social consequences of entrepreneurs' activities; the factors influencing the way entrepreneurs cooperate with the society are determined. The importance of social responsibility of an entrepreneur for the economy, society and the state is examined as an internal factor. The author notes that social responsibility is manifested, in particular, in business entities making decisions to sell their goods to pensioners with discounts during certain working hours, service businesses providing services to pensioners and students at lower tariffs than they would otherwise provide to other individuals in similar cases. Legal implementation of social responsibility of the entrepreneur is enshrined in local normative acts, namely, orders, ordinances, regulations, and should be treated as one of the grounds for attributing entrepreneurs to the participants of social entrepreneurship.