Harnessing Capital Markets to Promote Social Entrepreneurship

Abstract

Increasingly, the world is turning to the private sector to address problems that have historically been dealt with by governments. Bornstein (2008) offers examples that span the globe: social entrepreneurs operate in American schools, supplying instructional content that has been stripped from curriculums. Small socially innovative organizations such as charity:water build wells in the developing world, coupling the development of the well with local instruction to achieve rates of clean water usage over time that far outpaces what the World Bank had been able to achieve before.