Wednesday, February 24, 2010
Response to "The meaning of 'Social Entrepreneurship'" by J. Gregory Dees
Upon reading this article by J. Gregory Dees, I came away with a fairly clear understanding of what an "entrepreneur" is, but still a fairly limited understanding of what it means to be a "social entrepreneur". One of the phrases from the article that stuck with me was Dees' description of the typical market mentality, which ensures that "entrepreneurs who an pay the most for resources are typically the ones who can put the resources to higher valued uses, as determined by the marketplace." I think the biggest question in my mind after reading this article (and likely will be my biggest question throughout the course) was: How do we measure social value? Is there some conceivable way to rate the effectiveness of various social ventures? If there were a means to quantitatively evaluate social entrepreneurs, perhaps we could arrive at a new market system in which the social entrepreneurs who can demonstrate the highest value would receive the most outside aid/support for their ventures.
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