Finding innovation at the interface between business and nonprofit
Thursday, July 1st, 2010
Leaders with big ideas to change the world face a tough choice early in their careers. Or at least they think they do. If they want to make money and help themselves, they must choose the business sector. If they want to improve the planet and help others, they must choose the social sector. Historically, the paths do not cross. But lately the line between for-profit and not-for-profit has blurred. New cooperation and competition at the interface between the sectors has led to fascinating solutions to complex global problems at the base of the pyramid. Thunderbird President Ángel Cabrera, Ph.D., discusses the trend April 29, 2010, during the second annual American Express Emerging Social Sector Leadership Program developed at Thunderbird. Audio: Innovation at the Interface (20:20)
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Politicians can set environmental policy and create incentives for sustainable business practices, but the innovations necessary for a low-carbon economy will come from entrepreneurs in the private sector,