November 4, 2003

J. Gregory Dees
Fuqua School of Business
Duke University

Social Entrepreneurship: Opportunities to Use Business Skills for Social Purposes

According to economist Joseph Shumpeter “the function of entrepreneurs is to reform or revolutionize the patterns of production.” We are in an era in which many people believe that we need to reform or revolutionize the patterns of solving social problems, such as poverty and pollution, as well as the patterns of providing socially important goods, such as education and health care. Traditionally, the nonprofit sector has served as a platform for this kind of social innovation. However, in recent years boundaries between business and the nonprofit sector have been breaking down as social entrepreneurs search for more innovative, cost-effective, and sustainable approaches. This experimental “sector bending” has created new opportunities for people with business skills to make significant contributions in the social sector. This lecture will define social entrepreneurship, describe the recent trends that open the door to business-inspired approaches, and offer some advice for those who might want to pursue these opportunities.



Biography

 
Greg Dees is the founding faculty director of the Center for the Advancement of Social Entrepreneurship and an adjunct professor at Duke University’s Fuqua School of Business. He has taught at the Yale School of Management, Harvard Business School, and Stanford’s Graduate School of Business. While at Harvard, he helped launch the Initiative on Social Enterprise and offered the first course on “Entrepreneurship in the Social Sector,” for which he won the school’s Apgar Award for Innovation in Teaching. At Stanford, he was the Miriam and Peter Haas Centennial Professor in Public Service and founding faculty co-director of the Center for Social Innovation. He has written extensively on social entrepreneurship, recently producing two books on the topic, with Jed Emerson and Peter Economy: Enterprising Nonprofits (Wiley, 2001) and Strategic Tools for Social Entrepreneurs (Wiley, 2002). Prior to his academic career, Greg spent four years in the New York office of McKinsey & Company. During his academic career, he took a two-year leave to work on entrepreneurship in Appalachia at the Mountain Association for Community Economic Development in Berea, Kentucky.




Reception dinner afterwards with students

 

 

Seminar Video


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