Putting Entrepreneurship in the Social Sector

February 4, 2008

The social sector is big business. In the United States alone some 1.5 million nonprofits and other social ventures have combined revenues of $700 billion and control assets valued at $2 trillion—a seemingly substantial arsenal to tackle problems in crucial areas such as education, poverty, and health care.

But the truth is that many of these efforts, despite best intentions, have not solved the issues they target, says Harvard Business School professor Jane Wei-Skillern. "Traditional approaches are still falling short, especially as the intensity and complexity of social problems has grown."

Sean Silverthorne

Full Story: http://hbswk.hbs.edu/item/5782.html