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What is NFP Impact

Handbook of Research on Emerging Business Models and Managerial Strategies in the Nonprofit Sector
Historically, NFPs played substantial role for institutional and social transformation, as for example - forms of social associations played substantial role for the abolishment of slavery, for drug control, for rising human rights, for introducing environmental protection and many others. If working for the interests of their beneficiaries and for their causes, NFPs can lead to large institutional changes, playing substantial role for shaping better “rules of the game”.
Published in Chapter:
New Perspectives: Not-for-Profit Organizations in the Advent of the 4th Industrial Revolution
Albena Antonova (Sofia University, Bulgaria)
DOI: 10.4018/978-1-5225-2537-0.ch014
Abstract
As social and environmental struggles intensify, the raising economic and social role of not for profits will continue to expand globally. Not for profit organizations have the potential to mobilize digitally-enabled communities and to work on various global challenges, overcoming the limitations of governmental institutions, local and short-term perspectives of public administration and private interests of business organizations. The present research aims to reassess the business models and value creation behind NFP operational models, their role for social innovation, the impact of the new technologies and the characteristics of the emerging digital communities. Further, there will be discussed the new perspectives for NFP development as innovative instruments, protecting social interests between government and private organizations, and contributing to solve increasing social problems.
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