ERIC Number: EJ1189699
Record Type: Journal
Publication Date: 2018-Aug-20
Pages: N/A
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-1938-5978
EISSN: N/A
Coming to a Campus near You: Social Entrepreneurship Ed
Hilowitz, Harv
New England Journal of Higher Education, Aug 2018
Today, many higher education institutions face declining enrollment, increasing tuitions, and calls to infuse their degree tracks with more practical experiences for students that lead to meaningful careers. College students are seeking programs offering practical, academically rigorous work-related experiences that tie into their social consciousness. Social entrepreneurship (SE) education may offer a solution. Social entrepreneurs are people who create businesses with the intention to help mitigate a social problem, using the proceeds and spinoff services derived from that business. SEs can be for-profit, nonprofit or hybrid operations, depending on the entity's mission. Social impact investing is a corporate form of SE, where existing companies or institutions provide funding for socially oriented projects or "cloud-seeding" funds for other SE operations. The term "social entrepreneur" was coined in 1953 in Howard Bowne's book, "Social Responsibilities of the Businessman." The concept has now melded with growing e-commerce and social media innovations to become a global phenomenon. Many colleges now offer courses related to SE. Research by the Global Center for Social Entrepreneurship Network (GCSEN) shows that: (1) SE education results in significant content knowledge gains retained by students; (2) SE students show significant gains in self-confidence; (3) Students rank SE as life-changing; and (4) Students highly recommend SE to their peers. Also, SE gained a business formulation rate near 50% by students participating in GSCEN programs.
Descriptors: Higher Education, Entrepreneurship, Social Problems, Business, Social Responsibility, College Students, Social Change, Social Capital
New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: info@nebhe.org; Web site: http://www.nebhe.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A