Partnering Across Sectors, Building Global Ventures (IOMBA 2009)

Maximilian Martin
Date: September 2008

Abstract:     

This course takes a practical perspective on how to build for-profit, not-for-profit private or public private partnership (PPP) entities with a strategic perspective on social change. For centuries, thinkers like William Petty (1623-1687), Adam Smith (1723-1790), and John Stuart Mill (1806-1873) argued for the large-scale provision of public goods. This finally became a reality with the rise of the welfare state in the twentieth century. Today, the concept of public goods is omnipresent in policy discussions. Yet, large gaps remain in the provision of public goods around the world and it is becoming more difficult to finance the welfare state in industrialized economies. Combined with the belief that private companies are often run more efficiently than government bodies, the need to secure additional funding has catalyzed the emergence of interesting collaborations: (i) between public bodies (local, regional, or central) and private companies, or "public-private partnerships" (PPPs); (ii) social enterprises, which build a commitment to the greater public good into the "DNA" of a private, for-profit company. The course focus is on identifying delivery gaps and opportunities, and bringing ideas into a format where they can be turned into a competitive business plan. The course was developed by Maximilian Martin for the IOMBA program for the 2009 spring semester, and co-taught by Maximilian Martin, Andreas Ernst and Tim Nielander.

Number of Pages in PDF File: 5
Keywords: Social entrepreneurship, syllabi, social enterprise