Conference Sept. 05
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The purpose of the conference was to discuss the work on social entrepreneurship of IESE Professor Johanna Mair and Senior Researcher Christian Seelos,
who has recently joined the Malik Management Center St. Gallen.
According to Mair and Seelos, social entrepreneurship "offers
innovative models for the delivery of products and services to meet
basic needs that are not served by traditional political and economic
institutions". In their view, social entrepreneurship is the "perfect
formula to tackle the difficulties encountered in markets at the base
of the pyramid (BOP)".
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The integrated model is
exemplified by the eye surgery project being carried out by AutoLab (a
manufacturing company for affordable high quality lenses) and the
Aravind Eye Hospital (which combines a free service for the very poor
with a pay service for the better-off). The aim is to treat as many
cataract patients as possible, meeting the high demand in India, but at
the lowest possible price.
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Is there a market for mobile
telephony in Bangladesh, one of the poorest countries on the planet?
According to Ole B. Sjulstad, Vice-President of Telenor International
Mobile, who participated at the conference, there is. Because, whatever
their circumstances, "people need to communicate".
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The third model presented during
the conference is complementary to the other two. It is derived from
the experience of another Bengali NGO, WasteConcern, which has
succeeded in reframing the problem of the vast amount of waste
generated by cities such as Dhaka and turning it into a business
opportunity.
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All these social initiatives are
built on a paradigm of entrepreneurial innovation in which the
following features are key: ability to organize the poor around
opportunities; providing services and products that are profitable and
beneficial to all parties; using corporate resources and capabilities
to forge new value chains; creating the necessary conditions for an
industrial revolution; and developing social capabilities to open new
markets.
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