By Andrea Grove, Gary A. Berg (eds.)
Conceptualized and positioned into perform via Nobel Peace Prize Laureate and Presidential Medal of Freedom recipient Dr. Muhammad Yunus, social companies paintings to handle social ills similar to poverty, loss of healthiness care, gaps in schooling and environmental demanding situations. This publication explores the ideation, perform and overview of the idea that of social company. not only theoretical foundations yet numerous case experiences of social companies all over the world and state of the art evaluate of the problems that come up within the making plans, advertising and assessment of social companies, are featured during this book.
This state of the art number of articles, awarded by way of the California Institute for Social company (CISB) in collaboration with Professor Yunus, is without doubt one of the first finished collections of idea and examine at the rising box of social company. the varied staff of authors come from around the globe and from numerous disciplinary backgrounds, representing the best educational specialists on social enterprise phenomena.
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Extra resources for Social Business: Theory, Practice, and Critical Perspectives
Hopkins, M. (2007). Corporate social responsibility and international development: Is business the solution? Sterling: Earthscan. J. P. Morgan Global Research. (2010, November). Impact investments: An emerging asset class. , & Griffiths, M. (2012). Social business education: An interview with Nobel laureate Muhammad Yunus. Academy of Management. Learning and Education, 11(3), 453–462. , & Tracey, P. (2012). From the guest editors, special issue on “educating social entrepreneurs and social innovators”.
1 Matrix to distinguish social entrepreneurship and social business As Fig. 1 illustrates, social entrepreneurship and social business are two separate phenomena that partially overlap in case a venture is both innovative and financially self-sustainable (Box II). The Grameen Bank in the time of its inception is an example. Offering microcredits to poor people was extremely innovative and a new-to-the world service provision. While credits are hundreds of years old, offering them through credit rings in very small amounts to the poor was a new means directed towards the eradication of poverty (Yunus 2003).
Microfinance investment funds: Leveraging private capital for economic growth and poverty reduction. Reston: Springer. Meehan, W. , & O’Flanagan, M. (2004). Investing in society. Stanford Social Innovation Review, 1(4), 34–43. Retrieved 10 Nov 2010, from ABI/INFORM Global. (Document ID: 684918011). Miller, T. , & Wesley, C. , II. (2010). Assessing mission and resources for social change: An organizational identity perspective on social venture capitalists’ decision criteria. Entrepreneurship: Theory and Practice, 34(4), 705–733.
Social Business: Theory, Practice, and Critical Perspectives by Andrea Grove, Gary A. Berg (eds.)