It in social entrepreneurship
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This document defines social entrepreneurship as recognizing a social problem and using business principles to create a venture to make social change. Social entrepreneurship ventures address social problems or market failures while operating like private businesses, measuring success by social impact rather than profits. An example given is the Grameen Family of organizations in Bangladesh, which pioneered microcredit and now operates various social programs. The document discusses how information technology (IT) can be applied to further social entrepreneurship goals in areas like agriculture, education, health, and empowering people at the bottom of the economic pyramid. IT is seen as having potential to increase farm production, bring widespread education, and strengthen healthcare access.
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Definition and related
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Sustainabl
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Developmen
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Corporate
social
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Recognizing a social
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using entrepreneurial
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It in social entrepreneurship
- 1. IT in Social Entrepreneurship
- 2. 2 Definition and related domains Sustainabl e Developmen t Corporate social responsibilit y Recognizing a social problem and using entrepreneurial principles to create, and manage a venture to make social change [1].
- 3. 3 Definition (ctd…) Business venture created for addressing a social problem or a market failure while operating with the financial discipline, innovation and determination of a private sector business [2]
- 4. 4 Benefits and Impact [2] Success measured not in terms of profits but impact on society. ◦ Employment generation ◦ Innovation ◦ Creation of social capital ◦ Equity promotion
- 5. 5 Success story: Grameen Family of organizations, 2006 Nobel prize[3] Grameen Bank, Trust, Fund Grameen Telecom, Grameenphone Grameen Solutions Ltd, Grameen Communications Grameen Fisheries and Livestock Foundation 5
- 6. 6 Grameen (Contd…) Grameen Shakti: renewable energy Grameen Shikkha: mass education Grameen Byabosa Bikash: Business promotion services Grameen Danone Foods : children nutrition Grameen America: microfinance in America 6
- 7. 77
- 8. 8 Social entrepreneurship and IT – ICT4D ICT4D: the use of IT to stimulate economic growth and eradicate poverty.
- 9. 9 IT and Agriculture 1/3 of the world population are farmers ½ of the world’s poor are farmers[4] IT empowers the poor to increase production and maximize profits – Case: e-Choupal / India 9 “Before ITC introduced e-Choupal, middleman used to give us poor prices on our produce. Today, we have become e-farmers, with access to daily prices of a variety of crops of India and abroad – this helps us to get the best price – Indian Farmer
- 10. 10 IT and Education We live in an information economy and society. IT has a huge potential to bring world class education to disadvantaged communities, for a brighter future. Case: OLPC
- 11. 1111
- 12. 12 IT and health Community and primary care IS Diagnostics, Telemedicine, hospital management eLearning, Supply chain, HR Public Health, Healthcare insurance Case: Voxiva
- 13. 13 IT social entrepreneurship at the Bottom of the Pyramid Food, $2,800.00 Energy, $433 Housing, $332 Transportation , $179 Health, $158 ICT, $51 Water, $20 Other, 229 The BoP Market ($ billions) Source: http://www.nextbillion.net, own drawing
- 14. 14 Social entrepreneurship business models Traditional Nonprofit Nonprofit with Income generation Social Enterprise Socially responsibl e Business Corporation practicing social Responsibilit y Traditional Corporate Attribute Social enterprise Corporate Motive Mission Profit making Accountability Stakeholder Shareholders Profits Reinvested in social programs Redistributed to shareholders
- 15. 15 Selected References [1] http://www.appropedia.org/Social_entrepreneurship [2] Jürgen N. (2007) The Importance of Social Entrepreneurship for Economic Development Policies, University of New South Wales, Sydney. [3]: http://en.wikipedia.org/wiki/Grameen_family_of_organizations [4]UNCTAD 2010, Information Economy Report, 2010 - ICTs, Enterprises and Poverty Alleviation, Geneva [5]Tania Ellis, The New Pioneers - http://thenewpioneers.biz [6] http://www.nextbillion.net [7] http://www.ictineducation.org/ [8] http://www.farmingfirst.org [9] http://www.un.org/millenniumgoals/ [10] http://online.wsj.com/
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Editor's Notes
- Employment generation and providing opportunities for training and jobs to the disadvantaged. Innovation and creation of new goods and services – appropriate technology Creation of social capital – networks, norms and values which facilitate cooperation within and among groups and create a virtuous circle of physical, financial, human and organizational capital, ultimately leading to wealth creation. Equity promotion: addressing the needs of the disadvantaged
- Grameen Bank, Trust, Fund: providing access to finance to the poor Grameen Telecom, Grameenphone: telecommunication services to the poor Grameen Solutions Ltd, Grameen Communications: software, internet, hardware and networking, IT education to rural areas Grameen Fisheries and Livestock Foundation: fighting poverty with integrated fish-crop-livestock and dairy development farming systems
- Grameen Shakti: renewable energy to rural and remote areas Grameen Shikkha: promoting mass education to the poor through loans and grants Grameen Byabosa Bikash: Business promotion services Grameen Danone Foods : Profit making company providing balanced nutrition to children in rural areas Grameen America: microfinance to the poor, especially women in America
- The Millennium development Goals Information and Communication Technology for Development (ICT4D)
- MIT professor Negroponte came up with the concept of a $100 laptop, with the ambition that every child in developing country should have access to IT.