1. Social Entrepreneurship CCEDL Senior Research Project by LeShelle A. Smith

2. Introduction Social entrepreneurship has the potential to have the greatest impact on poverty compared to every other failed attempt to address critical social issues. Social entrepreneurs are risk takers and problem solvers. Their ideas are notable and more importantly, their ideas are working. 3. Giving and Governing Has Got It Wrong 4. Charity Has Failed Charity is self seeking. Charity perpetuates poverty. Charity is susceptible to misuse. Charity is disempowering the people it is supposed to help.Charity fosters entitlement. Charity displaces workers. 5. Government Has Failed 6. Taking Social Entrepreneurship Seriously How is and entrepreneur? Why areasocial entrepreneur needed? Whatis a social Government have FAILED. Charitysocialentrepreneursset apart from other social change makers? Valueidentify who can mobilize andas an opportunity, issues rather than An individual a problem or a deficit respond to social resolved the They Proposition: impact trends that Abuse of power.motivateopportunity,financial to flinch Social face of commitment to pursue the the global and fail market. in the Value proposition sets altruistic impulses form social entrepreneurs. Entrepreneurs harnessapart entrepreneurs that have fueled charity in the Dependency creation. opposition. The value placed on a impulses towards impact and performance. past, but directs those new entitlement. Re-enforcing attitudes of venture is important when exacting societal change if change is of mission compared Disempowermentthe the aid recipient. to profit for a corporation, appeasing resources alreadyas is done when practicing Failure to maximize our consciences present. charity, or seeking to control as with a stakeholder. Failure to include the recipient as government. Debt creation. This failure has created a need for SOCIAL ENTREPRENEURS. 7. Value Proposition 8. Did You Know They Were Social Entrepreneurs? 9. Characteristics of a Social Entrepreneur 10. The Risk of Being a Social Entrepreneur 11. Links Between Social Entrepreneurship and Sustainable Societal Transformation 12. Social Entrepreneurship in Practice: Dr. Muhammad Yunus and the Grameen Bank 13. Grammen Bank Social Business Model 14. Furthering Social Entrepreneurship 15. Conclusion 16. Sources: Alvord, S. H., Brown, L., & Letts, C. W. (2004). Social Entrepreneurship and Societal Transformation. Journal of Applied Behavioral Science, 40(3), 260-282. Boxer, B. Sen. and Durbin, D. (2013, July 1).The Wrong Choice for Grameen Bank. HuffingtonPost. Retrieved from http://www.huffingtonpost.com Colgan, A. (2002, April 18). Hazardous to Health: The World Bank and IMF in Africa. Retrieved from http://www.africa.upenn.edu/Urgent_Action/apic041802.html Dacin, M.T., Dacin, P.A. and Tracey, P. (2011) Social entrepreneurship: a critique and future directions. Organization Science, 22(5): 1203-1213 Dees, J. G., (2007). Taking social entrepreneurship seriously. Society. 44(3) 24-31 Driscoll D. (n.d.). The IMF and the World Bank: How Do They Differ? International Monetary Fund. Retrieved December 27, 2013, from www.imf.org/external/pubs/ft/exrp/differ/differ.htm Feinberg, R. (1988). The Changing Relationship Between the World Bank and the International Monetary Fund. International Organization 42 (3): pp. 545-560 Karl Marx (2003). Retrieved from http://plato.stanford.edu/entries/mar Lupton, R. (2011). Toxic Charity: How Churches and Charities Hurt Those They Help (And How to Reverse It). New York: HarperCollins Martin, R. L., Osberg, S. (2007). Social Entrepreneurship: The Case for Definition. Stanford Social Innovation Review, 29-39 Palast, G. (28 April 2001). IMF's four steps to damnation. The Guardian. Retrieved December 27, 2013 from www.theguardian.com/business/2001/apr/29/business.mbas Schuyler, G. (1998). Social entrepreneurship: profit as a means, not an end. Digest, 98 (7), 97-98 Stiglitz, J. (2002). Responding to Economic Crises: Policy Alternatives for Equitable Recovery and Development. The Manchester School. 67 (5): 409-427 Stiglitz, J. (2004). Capital-market Liberalization, Globalization, and the IMF. Oxford Review of Economic Policy. 20 (1): 57-71 Sobhan, Z. (2014, February 1). The minister has a Hallmark moment. The Sunday Guardian. Retrieved from http://ww.sundayguardian.com Woods, N. (2001). Making the IMF and the World Bank More Accountable