Social space: From conceptual understanding to transformation of business and society interaction in the economic field

Introduction: social space represents scientific interest in many research fields due to its multidimensionality. The study of the economic field of this space becomes especially relevant due to its dynamics in the Russian Federation. The analysis of the current information agenda shows a perspective direction of positive transformations of this field – improvement of interaction between business and society, based on the formation of socially responsible entrepreneurship in the country. This task requires not only theoretical understanding, but also the search for ways to quantitatively measure the process and result of the business transition to a new model of functioning. Objectives: to identify the specificity of modern corporate social responsibility of business, which allows it to function successfully in the established economic field of the social space of the Russian Federation. Methods: analysis of research literature; scientific abstraction and modeling; qualitative analysis of documents – materials of media sources. Results: the basics of the social space concept have been quite fully disclosed in the works of classical scientists, mostly sociologists, and continue to be studied by modern researchers, but the very concept of “social space”, its elements and structural links between them need to be rethought due to the continuous process of their transformation and renewal. The combination of this transformation factors, their systematic nature and classification form the basis for analyzing the development trends in the economic field as well. The changes taking place in the economic field are largely determined by the social orientation of domestic business; the identified demands from the state and the public to this business should form the basis for further analysis. Conclusions: over the past years, several requirements have come to the forefront, setting the criteria for an enterprise that meets the demands of society and the state. Among them are timely notification of the start of entrepreneurial activity, work outside the “gray zone”, safety and quality of the product produced, creating equal opportunities for public participation in society, promotion of the society’s labor potential, financial support for research, volunteer and charitable activities, digitalization, consideration of environmental factors, social inclusion and openness for dialogue with other actors of the social space.