Talk:Economic impacts of community-led initiatives
Michel, A., Hudon, M., 2015. Community currencies and sustainable development: A systematic review. Ecol. Econ. 116, 160–171. https://doi.org/10.1016/j.ecolecon.2015.04.023
Institutional fit of CLI
"We found, not surprisingly, that social innovation is usually associated with the 'non-profit sector', and much less with 'the state' or 'the market'. Formally, many of the social innovation networks that we study are indeed part of the 'non-profit sector', in the sense that most of them are legally formalized as non-profit associations and foundations. However, when we consider how these networks operate in local practices, we observe a rich tapestry of hybrid organizational forms, including both formal and informal, public and private, for-profit and non-profit elements. We observe that many social innovation initiatives lack an 'institutional home' that 'fits' perfectly. They creatively combine and adopt different organizational forms, bridging between different institutional logics and legal formalities. We conclude that transformative social innovation inherently belongs to a 'hybrid sphere', which refuses to fit and conform to existing institutional boundaries." 
- Pel, B., Weaver, P., Strasser, T., Kemp, R., Avelino, F., Becerra, L., 2015. Governance - Co-Production challenges in Transformative Social Innovation - Transformative Social Innovation Theory (EU research Project) Policy Brief 2.