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“So… Do You Actually Make Money?” Five Common Misconceptions About K-Impact

[Editor’s Note] As a journalist who has covered social impact in South Korea for years, I’ve been asked the same questions again and again whenever I talk to people outside the impact sector. Based on my reporting experience, I’ve selected five of the questions I hear most often.   When I explain social solidarity economy or social innovation — what is often broadly referred to as the “social impact” sector — to people who are unfamiliar with it, the conversation almost always ends in similar questions. These come from close friends, casual acquaintances, and even people I meet through work.   These questions are not simply expressions of curiosity. They reveal how unfamiliar social impact still is to many people, and they point to the first obstacles people encounter when trying to understand this field. That’s why I want to organize these frequently asked questions from the perspective of those who are hearing about social impact for the first time.   👀Q1. ...