Special Topics in Entrepreneurship - Ventures To Address Global Challenges
Focus: how entrepreneurial ventures - as compared with international aid programs, private philanthropy and corporate social responsibility initiatives - can potentially address major global challenges such as widespread poverty, intractable disease, slum housing and global warming that affect the lives and well-being of billions. Design: after overview of selected global challenges and the fundamentals of entrepreneurship, we will explore emerging and established ventures in each of these challenge arenas in more detail. Classes: combination of lectures and case discussions, interspersed with conversations with entrepreneurs.
Sample reading list:
Rangan, Quelch, Herrero and Barton, Business Solutions to Global Poverty
International Finance Corporation and World Resources I, The Next Four Billion
C.K. Prahalad, The Fortune At The Bottom of The Pyramid
David Bornstein, How To Change The World: Social Entrepreneurs and the Power
Timmons & Spinelli, New Value Creation: Entrepreneurship in the 21st Century
See instructor for complete list
2 short written snapshot critiques of existing global challenge ventures (GCV) or potential ideas/technologies that could be the basis of such a venture; 5-minute team YouTube video presentation of selected GCV or GCV concept; 15-page team term paper on short business plan for a new GCV or assessment of existing GCV.
Quizzes - 10%
Papers - 20%
Oral Presentation(s) - 20%
Term Paper(s) - 35%
Class/Precept Participation - 15%
Not Open to Freshmen.
Prerequisites and Restrictions:
None, other than curiosity about the intersection between global challenges and entrepreneurship..
Examination of whether and how private sector entrepreneurial ventures can meaningfully contribute to solving complex large-scale global challenges such as reducing absolute poverty, improving literacy, upgrading health status, slowing global warming and the like; and how such ventures compare with other, more traditional, approaches to these issues such as foreign aid programs, philanthropic initiatives and corporate social responsibility efforts.
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