Do Good, Do WellSocial Entrepreneurship for Kosovo

Josh Harvey LeadInnovations Lab Kosovo

Social Entrepreneurship

Defined

• A Textbook (if unsatisfying) Definition• Functional Definition

Martin and Osberg define social entrepreneurship as having the following three components:1. Identifying a stable but inherently unjust equilibrium that causes the

exclusion, marginalization, or suffering of a segment of humanity that lacks the financial means or political clout to achieve any transformative benefit on its own;

2. Identifying an opportunity in this unjust equilibrium, developing a social value proposition, and bringing to bear inspiration, creativity, direct action, courage, and fortitude, thereby challenging the stable state’s hegemony; and

3. Forging a new, stable equilibrium that releases trapped potential or alleviates the suffering of the targeted group, and through imitation and the creation of a stable ecosystem around the new equilibrium ensuring a better future for the targeted group and even society at large.

Social Entrepreneurs

hip Defined

• A Textbook (if unsatisfying) Definition• A Functional Definition

Create and sustain social value.

Social Entrepreneurs

hip Defined

• A Textbook (if unsatisfying) Definition• A Functional Definition

Create and sustain social value.

Social Entrepreneurs

hip Defined

• A Textbook (if unsatisfying) Definition• A Functional Definition

Create and sustain social value.

Social Entrepreneurs

hip Defined

• A Textbook (if unsatisfying) Definition• A Functional Definition

Social Entrepreneurship

Examined

• Inception• Today• Examples

Not new. Muhammed Yunus develops microfinance in 1974; Bill Drayton founds Ashoka in 1981.

Social Entrepreneurship Examined

• Inception• Today• Examples

But evolving. Porter, Kramer at Harvard Business School coin “shared value”; “corporate social entrepreneurship” grows. Forbes 30 social entrepreneurs lists for- and non-profit leaders.

Social Entrepreneurship Examined

• Inception• Today• Examples

Terracycle started by producing organic fertilizer; now the largest “upcycling” company in the world.

Social Entrepreneurship Examined

• Inception• Today• Examples

Frog Design works with UNICEF to explore mobile usage in the developing world; builds out “tech for dev” practice.

Social Entrepreneurship Examined

• Inception• Today• Examples

IBM’s “Watson” supercomputer team helping analyze youth sentiment in Uganda; improved understanding of African markets, BoP.

Social Entrepreneurship Examined

• Inception• Today• Examples

The Case forKosovo

• Relevance• Opportunity

“Need” outweighs “want”. Nearly 40% of Kosovo’s population lives on less than $2.50 per day; 81% in rural areas.

The Case for Kosovo

• Relevance• Opportunity

Common prosperity is the only prosperity. Social challenges are a barrier to economic growth: e.g. inequity in education.

The Case for Kosovo

• Relevance• Opportunity

Less developed framework is an opportunity. Kosovo can be more agile and responsive as its not as far down the dead end road of old school entrepreneurial models.

The Case for Kosovo

• Relevance• Opportunity

Social enterprise breaks with low value-add, highly-saturated markets by defining new ones.

The Case for Kosovo

• Relevance• Opportunity

Social responsibility is everywhere.

The Case for Kosovo

• Relevance• Opportunity

Now what? • Two models• Our plan

Lab grown social enterprise.

Now what?• Two models• Our plan

Eventor. Platform to enable discovery of opportunities for students. Works partnerships with universities (here and abroad) and other entities working for students.

Now what?• Two models• Our plan

Heritage on a Bike. Bike rental/tour operator in Peja region.

Now what?• Two models• Our plan

Our plan?

Now what?• Two models• Our plan

Our plan? Give youth the support and skills to engage in high value-add, sustainable venture creation.

Now what?• Two models• Our plan

Join us.

w: kosovoinnovations.orgt: @kosinnovationsfb: UNICEF Innovations Lab Kosovo

Thanks. :-)