In the past, many entrepreneurs chose to accumulate wealth in the private sector and become philanthropists later in life. Globally, a new business model has emerged that meshes businesses with governmental and social organisations. Nonprofits and businesses can team up …
Governments can improve the climate for innovation and foster the growth of science, technology, and innovation in many simple ways. In Finland, for example, the government’s main advisory body on science, innovation, and research (SITRA) has recommend that innovativeness should …
Economists estimate that between 50 and 80 per cent of economic growth comes from innovation and new knowledge. In East Africa, for instance, the development of M-PESA (a mobile money payment system born out of social innovation) has become an …
More than half of the world’s population lives in Asia. The dynamism of Asian economies contributed greatly to the global economic recovery, simultaneously lifting more than half a billion people out of poverty. Societal transformation emerged partly thanks to inspiring initiatives which …
“The real work of social innovation is to fix our broken human systems.” Cheryl Heller, American Author and Business Strategist According to the United Nations Children’s Fund (UNICEF), the population of Africa will grow to 2.4 billion by the year …
In the past, many entrepreneurs chose to accumulate wealth in the private sector and become philanthropists later in life. Globally, a new business model has emerged that meshes businesses with governmental and social organizations. Nonprofits and businesses can team up …
The differences are in their actions and their motives. Social entrepreneurs concentrate more on transforming the approaches of modern society for the good of the community and the environment, whilst business entrepreneurs concentrate a lot more on the income and …