What are the factors driving the focus on social entrepreneurship in management schools?
In my interactions with business school students across universities such as Harvard (University), Columbia Business School and now at Oxford, I see a massive changing culture of the MBA. There is a new breed of students who are particular about where they make money and where they can do good. These students are not looking to give back to society at age 50; they want to do it now. And as more people and cultures question the established economic order, young people are saying, “Hang on, there is something wrong and we have a chance to influence change and fashion a new, more inclusive way of doing things.” Do you see this as a reaction to the ongoing economic turmoil, a reaction perhaps to the fact that conventional businesses are going through uncertain times? As current ways of doing business begin to be increasingly questioned, more people are asking if there is a way to combine profits plus principles. There are gaps in ownership of wealth, including stocks, bonds, home ownership
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