Social Entrepreneurship Concepts and Trends

Social entrepreneurship, initiated by Bill Drayton, has grown significantly over the past decades, with a massive increase in nonprofits. This movement is akin to an industrial revolution for the social sector, creating opportunities for collaboration and innovation. The future involves hybrid entities that blend profit with social impact, aiming for scalable solutions to global issues.

Who is credited with the idea of applying venture capital principles to the social sector?

• Elon Musk

• Jeff Bezos

• Bill Drayton

• Muhammad Yunus

What was the approximate increase in the number of nonprofits in Brazil from 1980 to 2005?

• From 5,000 to 500,000

• From 5,000 to nearly a million

• From 5,000 to 5 million

• From 5,000 to 50,000

Which historical period is compared to the recent growth of the social sector?

• The Renaissance

• The Information Age

• The Industrial Revolution

• The Space Age

What is a key focus of the next wave of social entrepreneurship?

• Government intervention

• Traditional business models

• Collaborative efforts

• Individual achievements

What term does Ashoka use to describe collaborative efforts among social entrepreneurs?

• Collective actions

• Teamwork initiatives

• Group collaborations

• Joint ventures

What is the potential range of returns for hybrid entities in social entrepreneurship?

• 5% to 50%

• 10% to 100%

• -10% to 60%

• 0% to 10%

Which type of business is mentioned as being both profitable and impactful?

• Real estate

• Traditional retail

• Micro insurance

• Luxury goods

What is the speaker's main concern regarding the 4 billion poor people?

• Increasing government aid

• Achieving rapid scaling of impactful solutions

• Reducing taxes

• Providing luxury goods

What is the ultimate goal of combining profit and purpose in social entrepreneurship?

• To reduce operational costs

• To achieve massive scalability and social impact

• To maximize shareholder value

• To increase brand recognition

What is the most exciting aspect of social entrepreneurship according to the speaker?

• Government regulations

• Individual achievements

• Traditional business models

• Rapid scaling with social impact