Dec 4, 2015
By Elizabeth Boggs Davidsen
Trends is on vacation this week. This post ran previously on our blog.
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.