Kellogg Conference 'Redefines' Social Impact
Social entrepreneurs should take center stage at a time when the public and corporate sectors are reeling from the global financial crisis, and social problems like disease and poverty continue. But to do so, cross-sector partnerships are vital, said panelists at the Kellogg School's Innovating Social Change Conference. Given the fiscal challenges that will likely limit government spending to address societal problems, social entrepreneurs will be more critical than ever in funding innovation - and then the public sphere can step in and take the most successful ideas to scale, Bishop said. "Government cannot innovate. It's extremely hard to take risks," he said.