Social entrepreneurship enters the mainstream

By Elizabeth Boggs Davidsen

Once a niche concept at the intersection of business and development, “social entrepreneurship” is now mainstream. A social entrepreneur, according to Ashoka founder Bill Draper, who coined the term in 1980, is a person with system-changing solutions for the world’s most urgent social problems. A social enterprise is one that deliberately expands access to goods, services, income, and employment opportunities for vulnerable populations as part of its core business while seeking return on investment. Social entrepreneurship is increasingly appealing to people, and the idea of using a MBA degree to do good while doing well has grown in popularity on campuses and in businesses around the globe.

Corporate social innovation is the new corporate social responsibility

By Elizabeth Boggs Davidsen

A new trend in international development has paired some unlikely business partners: development finance institutions and impact investors are working with large multinational corporations to fund projects that advance both development and business agendas.

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