Posts Tagged with
Social Entrepreneurship

Batten Professor Bala Mulloth thrives in different cultures. “I was born and raised in Mumbai, studied in New York City, then worked in Budapest, Hungary, and for the past four years, I have lived in Charlottesville,” said the professor of Social Entrepreneurship.

Although increasingly complex, modern innovation is still largely viewed through the lenses of sectors and distinct venues—e.g. large corporate R&D and new product development, entrepreneurial small or new ventures, or public programs or projects. However, Cleantech innovation is different—more blended, networked and boundary spanning.

Development of regional innovation system (RIS) and its role in regional development is a debated research topic. Most of the theoretical and empirical works are traditionally focused on RIS situated within a national context and applies institutional theory. 

To be considered a socially entrepreneurial organization today requires achieving what can be termed a “hybrid middle ground” equilibrium, comprising of economic as well as social sustainability. This middle ground requires some blend of both business and social commitments.

In addition to typical university focus activities such as the education of students, dissemination of faculty research findings through publications, and partnerships with corporate firms and outreach, today, new venture creation has also gained substantial interest. In fact, universities worldwide are increasingly viewed as venues for spurring entrepreneurship and economic development.

Diogenes pioneered the use of technology to support trustees and boards in their role as fiduciaries of employee retirement funds. Typically, a multinational corporation with operations in 30-40 countries may have hundreds of pension plans, each with their own characteristics. 

This case study gives an overview of the creation of the Pay-for-Success (PFS) Lab at the University of Virginia (UVA). It promotes discussion of how other university institutions can scale up their own research labs with a limited budget, and also introduces students to the PFS concept and the role university research institutions can play in the social impact process.

This case aims to study the growth, evolution, and social innovation of iThrive Games, a socially minded initiative that aims to create meaningful opportunities using technology for teens to enhance the knowledge, mindsets, and skills they need to thrive through development and across the continuum of mental disorder to wellness. iThrive’s focus has been on creating “meaningful games” that is, games that promote health and well-being of teen players. 

Ridge Schuyler believed that social networks were a unique and innovative way to fight poverty through sustainable employment opportunities. This case study describes how Ridge scaled up Charlottesville Works locally around a formalized social network model that connects unemployed individuals living under the federal poverty line to promising jobs through word-of-mouth, at little cost.