Social Entrepreneurship for the 21st Century: Innovation across the Nonprofit, Private, and Public Sectors

  • 4h 32m
  • Georgia Levenson Keohane
  • McGraw-Hill
  • 2013

Modern social entrepreneurship is transforming the way we invest our money and change the world. Within 10 years, investors will channel hundreds of billions of dollars to achieve positive social and environmental impact in housing, health, education, energy, and financial services across the globe. While there are extraordinary financial and social gains to be made, many unanswered questions remain.

What's the best way to harness markets to promote social change? And what kinds of investments can we make across the nonprofit, private, and public sectors to achieve a more shared prosperity?

This book demystifies the complex world of social entrepreneurship, providing all the information you need to understand social investment and innovation, whether you’re a private investor, policymaker, nonprofit manager, or passionate and engaged donor.

In clear and straightforward language, former McKinsey executive Georgia Levenson Keohane charts the development of what the New York Times calls "the emerging hybrid of philanthropy and private equity." In Social Entrepreneurship for the 21st Century, a must-read for anyone interested in innovative solutions to social problems, Keohane:

  • Shows how social entrepreneurship has radically transformed the nonprofit, private, and public sectors
  • Explores the promise of impact investing--what it really is and how it works
  • Illuminates the challenges of bringing billions of dollars in private capital to bear on social problems
  • Identifies smart public policies that promote social innovation at the local and national levels
  • Recommends specific investment opportunities you can act on now

With in-depth coverage of cutting-edge social programs and philanthropic initiatives, Social Entrepreneurship for the 21st Century provides the knowledge and tools you need to be a responsibly engaged investor and citizen in the coming decades.

About the Author

Georgia Levenson Keohane is a Roosevelt Institute Fellow, an adjunct professor at the Columbia Business School, and a former McKinsey consultant. She writes regularly for Harvard Business Review, The Nation, Slate, and The American Prospect, while advising a range of poverty-fighting organizations. She holds a BA from Yale, an MBA from Harvard, and an MSc from the London School of Economics, where she was a Fulbright Scholar.

In this Book

  • Social Entrepreneurship for the 21st Century—Innovation across the Nonprofit, Private, and Public Sectors
  • Introduction
  • What Is Social Entrepreneurship?
  • Early Social Entrepreneurship: The Service Organizations
  • Early Social Entrepreneurship: The Funders
  • New Philanthropy and the Value of Evaluation
  • Technology as a Force for Good
  • The Pull of Prizes
  • Activist Assets
  • From Entrepreneurship to Enterprise
  • The Investor Perspective: Impact Investing
  • International Impact Investing
  • Case Study: The Microcredit Story
  • Impact Investing In the United States
  • The Enterprise Perspective: Shared Value Capitalism
  • The Case of New York City: Social Innovation the Bloomberg Way
  • The Obama Administration in Theory: Social Innovation Goes To Washington
  • The Obama Administration in Practice: Unleashing the Innovation Mojo
  • Shaping Markets: Social Impact Bonds Abound
  • Social Entrepreneurship Revisited
  • New Views on Philanthropy and Government
  • Commercialization and Its Discontents
  • Social Entrepreneurship for the Twenty-First Century
  • Notes
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