October 29, 2005

Wikipedia on Social Entrepreneurship

Wikipedia has a new entry on "social entrepreneurship." I hope my writing is boring enough for an encyclopedia. You can go here to see the article. But because Wikipedia is open sourced and is always changing, I've copied the original text below:

"Social entrepreneurship" is the act of a social entrepreneur. A social entrepreneur is someone who recognizes a social problem and uses traditional entrepreneurial principles to organize, create, and manage a venture to make social change. Whereas business entrepreneurs typically measure performance in profit and return, social entrepreneurs often start nonprofits and citizen groups.

The phrase, "social entrepreneurship," has only come into vogue over the past 10 to 15 years, but examples of social entrepreneurship permeate history. People such as Vinoba Bhave (founder of India's Land Gift Movement), Florence Nightingale (founder of the first nursing school and developer of modern nursing practices), and Margaret Sanger (founder of Planned Parenthood Federation of America) are all recognized social entrepreneurs.

Today, organizations such as Ashoka and the Manhattan Institute promote, fund, and advise social entrepreneurs around the planet. In fact, since its founding in 1982, Ashoka has elected more than 1,500 entrepreneurs from more than 50 countries into its Fellowship. U.S. News named Bill Drayton, the founder and operator of Ashoka, one of America's top 25 leaders in 2005.

at October 29, 2005 9:05 PM