The emergence of social enterprises over the past 35 years has been an exciting & significant development in the economy at a local national & international level How should we understand the growing popularity of social enterprise & the wider social economy? Are alternative business models even more relevant in an uncertain business climate? Do they provide a robust response to periods of state 'austerity'? How do social enterprises contribute to global initiatives to improve the sustainability & responsibility of the business community? Through discussion of theoretical & practical considerations for the field & a wealth of learning features this 2nd edition of Understanding Social Enterprise Focuses on the distinct pathways that social enterprises follow critiquing the competencies & practices that contribute to a successful social economy Contains updated coverage on sector issues including the recent development of the social investment industry Explores how private voluntary & public sector agencies engage the social economy & how distinctive new forms have emerged from it Examines the management of social enterprises in different contexts within the social economy Contains updated coverage of international issues informed by global studies of the social economies Revisions include a new tripartite structure & two new chapters on ' Marketing & Measuring Social Value' & ' Social Investment & Crowd Funding' Visit the companion website for sample curricula instructors' manual Power Point slides & extra case studies for lecturers & access to full-text journal articles for students