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1 July 31 2002 SOCIAL ENTREPRENEURSHIP: TOWARDS AN ...

Source: www.ashoka.org
Topic: Entrepreneurship

Sort Desciption: treatment to explaining and defining social entrepreneurship. .... on social entrepreneurship to be published by Simon and Schuster. ...

Content Inside: 1 July 31 2002 SOCIAL ENTREPRENEURSHIP: TOWARDS AN ENTREPRENEURIAL CULTURE FOR SOCIAL AND ECONOMIC DEVELOPMENT By Susan Davis International Board Selection Committee Ashoka: Innovators for the Public Prepared by request for the Youth Employment Summit September 7-11 2002 2 SOCIAL ENTREPRENEURSHIP: TOWARDS AN ENTREPRENEURIAL CULTURE FOR SOCIAL AND ECONOMIC DEVELOPMENT I. Introduction We live in an age of entrepreneurship. When Bill Gates the founder and CEO of Microsoft or Anita Roddick founder of the Body Shop seem to be better known around the world than most heads of state one might conclude that the age of the entrepreneur has arrived. He or she exercises influence well beyond economics helping to shape political social environmental and cultural arenas. Entrepreneurs of large multinational corporations have had a distinctly important role in shaping todays process of globalization. 1 Unfortunately far too many people have not enjoyed the benefits of economic globalization. The global economy is not generating enough decent work for all who want or need it nor is anyone predicting a scenario where such growth will occur in the foreseeable future. The International Labor Organization (ILO) estimates that 160 million women and men are officially counted as unemployed and another billion or more people are underemployed or working poor. Moreover 500 million new entrants to the labor force are expected over the next ten years mostly women and youth. 2 The ILO emphasizes the critical role that entrepreneurs play in creating employment. It carries out significant promotional and technical activities to assist governments employers and workers organizations create more and better jobs in countries around the world. Enterprise is at the heart of employment creation. Both public and private sectors create employment. While the majority of people aspire to work in the formal economy the majority of new work opportunities in the last decade have been generat ...

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