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Symposium 2009

Solution for The New Wave of Social Entrepreneurship

The Challenge

In the aftermath of the collapse of the western financial system, many observers agree that neither unfettered financial markets nor invasive regulation are able to ensure that financial and busines ...

In the aftermath of the collapse of the western financial system, many observers agree that neither unfettered financial markets nor invasive regulation are able to ensure that financial and business leaders will necessarily act in the public interest.

Promote rural hand manufacturing in rural production centers to reduce poverty sustainably by increasing employment.

Poverty in the developing world is largely rural and employment opportunities are needed to reduce poverty while strengthening communities. Industrialization in many developing countries has led to economic migration to urban areas, which, in turn, has exacerbated rural backwardness and urban overcrowding.

Social business is an ideal vehicle for promoting rural hand manufacture by enabling the consideration of both for-profit production and social impact. There are many products from many sectors, including handloom textiles, hand knitting, or hand-made paper, which are ideally suited commercially to rural hand manufacture and which also offer the opportunity for increased rural employment in developing countries.

    Related Solutions

    Solution
    Symposium 2009

    “Reverse engineer” social entrepreneurship by giving conventional commercial enterprises incentives to become social entrepreneurs.

    “Reverse engineer” social entrepreneurship by giving conventional commercial enterprises incentives to become social entrepreneurs.

    “Reverse engineer” social entrepreneurship by giving conventional commercial enterprises incentives to become social entrepreneurs.

    Polity, Business
    Solution
    Symposium 2009

    Expand debt advisory services, along the lines of those available in developed countries, for microfinance customers and investors to developing countries.

    Expand debt advisory services, along the lines of those available in developed countries, for microfinance customers and investors to developing countries.

    Expand debt advisory services, along the lines of those available in developed countries, for microfinance customers and investors to developing countries.

    Polity, Business
    Solution
    Symposium 2009

    Require foundations to invest at least 10% of their assets in social investments.

    Require foundations to invest at least 10% of their assets in social investments.

    Require foundations to invest at least 10% of their assets in social investments.

    Polity, Civil Society
    Solution
    Symposium 2009

    Provide grants for promoting research on the factors that accelerate the development of social entrepreneurship.

    Provide grants for promoting research on the factors that accelerate the development of social entrepreneurship.

    Provide grants for promoting research on the factors that accelerate the development of social entrepreneurship.

    Polity, Academia, Business, Civil Society