Social Entrepreneurship What Everyone Needs to Know®

In development circles, there is now widespread consensus that social entrepreneurs represent a far better mechanism to respond to needs than we have ever had before - a decentralized and emergent force that remains our best hope for solutions that can keep pace with our problems and create amore peaceful world. David Bornstein's previous book on social entrepreneurship, How to Change the World, was hailed by Nicholas Kristof in The New York Times as "a bible in the field" and published in more than twenty countries. Now, Bornstein shifts the focus from the profiles of successful social innovators in thatbook - and teams with Susan Davis, a founding board member of the Grameen Foundation - to offer the first general overview of social entrepreneurship. In a Q and A format allowing readers to go directly to the information they need, the authors map out social entrepreneurship in its broadest termsas well as in its particulars.Bornstein and Davis explain what social entrepreneurs are, how their organizations function, and what challenges they face. The book will give readers an understanding of what differentiates social entrepreneurship from standard business ventures and how it differs from traditional grant-basednon-profit work. Unlike the typical top-down, model-based approach to solving problems employed by the World Bank and other large institutions, social entrepreneurs works through a process of iterative learning - learning by doing - working with communities to find unique, local solutions to unique,local problems. Most importantly, the book shows readers exactly how they can get involved. Anyone inspired by Barack Obama's call to service and who wants to learn more about the essential features and enormous promise of this new method of social change, Social Entrepreneurship is the ideal first place to look.

David Bornstein is a journalist who specializes in writing about social innovation. He is the author of Price of a Dream and How to Change the World. His articles have appeared in the Atlantic Monthly and the New York Times, and he co-wrote the PBS documentary "To Our Credit." He lives in New York City.
Susan Davis is a thought leader in international development and civil society innovation. She is a founder and current President & CEO of BRAC USA, a newly created organization to support BRAC's global expansion to Africa and other countries in Asia. In addition she was a founding board member and Chair of the Grameen Foundation and current board member. She also serves on the international board committee that selects Ashoka Fellows.

Acknowledgments
A Note on Terms
Introduction

Part One: Defining Social Entrepreneurship
What is social entrepreneurship?
When did it emerge as a global movement?
Who are the pioneers?
What does a social entrepreneur do?
What are social entrepreneurs like?
What is the difference between social and business entrepreneurship?
What are the differences between social entrepreneurship and government?
How is social entrepreneurship different from activism?
What is the relationship between social entrepreneurship and democracy?

Part Two: Challenges of Causing Change
What are the main financial constraints?
How do social entrepreneurs build organizations and enterprises?
Can the field attract and cultivate talented workers?
How do social entrepreneurs evaluate their impact?
What is the difference between scale and impact?
What's stopping social change?

Part Three: Envisioning an Innovating Society
How is social entrepreneurship changing minds?
How could schools nurture social innovators?
What is being done at the university level?
What can governments do to engage more successfully with social entrepreneurs?
How is social entrepreneurship influencing business?
Can philanthropy be more effective?
How will the field of social entrepreneurship influence journalism?
How can individuals prepare themselves to participate in the field of social entrepreneurship?

Appendix A
Selected Bibliography