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How Policy Is Building a Social Economy in South Korea

NonProfit Quarterly

Facing this crisis, new social economy movements emerged in Korea, not only as an immediate response to the neoliberal economic crisis, but also as a visionary long-term alternative for building a different kind of economy. 1 This citizen activism prompted government action to honor the sacrifice. percent in October 1997 to 7.6

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The Societal Role of Social Entrepreneurship

Stanford Social Innovation Review

By Theodore Lechterman & Johanna Mair The field of social entrepreneurship often takes its normative foundations for granted. Social enterprises seek to address social problems using business strategies. Understanding how social innovation directly affects people’s lives is essential.

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Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

A clear opportunity exists for philanthropic capital to unlock this kind of private and public sector capital, through targeted investments. There is a clear argument that this could be a for-profit social enterprise model, with revenue generated through transactions. Why is philanthropy still hesitant? Where to Invest?

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The Social Impact Investment Mirage

Stanford Social Innovation Review

Last year, our social impact startup hit a milestone that eludes 96 percent of female founders: we hit one million dollars in revenue. We know that for social entrepreneurs trying to solve global challenges, the system is rigged. Underneath every accomplishment lies a profoundly broken funding landscape for social innovation.

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A Social Movement Requires Momentum

Stanford Social Innovation Review

In the realm of social change, community-based leaders are skilled at influencing and using momentum to advance local solutions but often lack all the financial resources they need to push those solutions to their full potential. In its wake, momentum for change seemed to build.

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The Colors Co-op Experiment: Learning the Right Lessons from Our Failure

NonProfit Quarterly

As a former Windows on the World worker and a co-founder of ROC who witnessed the restaurant’s opening (2005) and closing (2020), I believe it is important to assess what worked, what did not, and what can be learned from the experience that might inform future co-op and social enterprise efforts. million yearly.

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Can Cities Be the Source of Scalable Innovations?

Stanford Social Innovation Review

What little optimism remains to tackle such complex challenges is mostly placed in supranational schemes, such as the COP climate change conferences, or transformational national policy, such as the Green New Deal in the US. ” Scaling up social innovation takes time, but there are also varying ways it can be done.