IT in Social Entrepreneurship

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Definition and related domains

Social

entrepre

neurship

Sustainable Development

Corporate

social

responsibil

ity

Recognizing a social problem and using entrepreneurial principles to create, and manage a venture to make social change [1].

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Definition (ctd…)

Private Sector

NGO sector

Public Sector

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]

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Benefits and Impact [2]

Success measured not in terms of profits but impact on society.

◦ Employment generation

◦ Innovation

◦ Creation of social capital

◦ Equity promotion

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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

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Grameen (Contd…)Grameen Shakti:

renewable energyGrameen Shikkha: mass

educationGrameen Byabosa Bikash:

Business promotion services

Grameen Danone Foods : children nutrition

Grameen America: microfinance in America

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Social entrepreneurship and IT – ICT4D

ICT4D: the use of IT to stimulate economic growth and eradicate poverty.

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IT and Agriculture 1/3 of the world

population are farmers½ of the world’s poor

are farmers [4]

IT empowers the poor to increase production and maximize profits – Case: e-Choupal / India

“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

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IT and EducationWe 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

1111

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IT and health Community and

primary care ISDiagnostics,

Telemedicine, hospital management

eLearning, Supply chain, HR

Public Health, Healthcare insurance

Case: Voxiva

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IT social entrepreneurship at the Bottom of the Pyramid

Food; $2,800

Energy; $433

Housing; $332

Transportation; $179

Health; $158 ICT; $51 Water; $20

The BoP Market ($ billions)

Source: http://www.nextbillion.net, own drawing

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Social entrepreneurship business models

Traditional

Nonprofit

Nonprofit with

Income generatio

n

Social Enterpri

se

Socially responsi

ble Business

Corporation

practicing social

Responsibility

Traditional

Corporate

Attribute Social enterprise Corporate

Motive Mission Profit making

Accountability Stakeholder Shareholders

Profits Reinvested in social programs

Redistributed to shareholders

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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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Thank You