While social entrepreneurs engage in entrepreneurial activities similar to any entrepreneur, they do so in a very different context. Whereas traditional entrepreneurs operate within the boundaries of the commercial sector and interact with actors who share relatively similar views of the world, social entrepreneurs, to achieve their mission and sustain their innovations, rely on a complex web of stakeholders who belong to distinct institutional spheres. On the one hand, social entrepreneurs rely on the support of the social sector: they rely on grassroots organizations to reach out to their beneficiaries; they collaborate with social organizations to coordinate social services; they rely on local social actors to provide strategic resources such as legitimacy, volunteer work, or social expertise. On the other hand, in mobilizing funds and practices from the business sector, social entrepreneurs are embedded in the commercial world. They adopt commercial practices, develop business relationships with commercial entities, and build partnerships with industrial partners. Finally, in most countries, social entrepreneurs also directly interact with governments and public agencies accountable for the welfare of citizens, in order to negotiate political or financial support or to influence changes in policies and regulations.
Keeping in mind this tri-sector engagement in social entrepreneurial activities, encompassing the social, commercial, and public spheres, Wheaton’s liberal arts curriculum provides the ideal base for developing future social entrepreneurs and innovators who are not only broadly educated, but who also understand the diverse set of connections between disciplines.
This concentration within the Business & Management major brings together students with interests in social entrepreneurship and the nonprofit and philanthropic sectors, and includes elective courses from a wide range of disciplines.
MGMT 225: Social Entrepreneurship and Innovation
I officially created this core course within the Business & Management area in Fall 2019; this course serves as a gateway for students to explore social innovation and social entrepreneurship at Wheaton.
FYE 101: A Better and More Sustainable Future
In addition, in Fall 2020, I co-designed and co-taught, with Professor Jonathan Chow of the Political Science department, a first-year experience (FYE) course on the UN Sustainable Development Goals (SDGs). Entitled “A Better and More Sustainable Future for All: Policy, Social Innovation, and the Politics of the UN SDGs”, we will offer this course again in Fall 2021 and in subsequent years.
MGMT 398: Sustainable Finance
Finally, during AY 2020-21, I helped Professor Fatima Jebari of the Business & Management area to develop a Sustainable Finance course which focuses on economic, social, and environmental considerations (the so-called “triple bottom line”) within the financial realm, including impact investing and developing sustainability metrics. This course, which will be offered for the first time in Fall 2021, is an elective within the aforementioned Social Entrepreneurship, Nonprofit Management, and Philanthropy concentration.