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How to Change the World: Social Entrepreneurs and the Power of New Ideas

Book by David Bornstein · 4 quotes · Advocacy, Century, Social Entrepreneurship

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How to Change the World: Social Entrepreneurs and the Power of New Ideas Quotes

“According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.”

“The prosperity of the second half of the twentieth century was both a cause and an effect of social and scientific breakthroughs that have redefined human life. The biggest change is simply that people live longer and have far more freedom to think about things other than staying alive.”

“Over the past century, researchers have studied business entrepreneurs extensively.. In contrast, social entrepreneurs have received little attention. Historically, they have been cast as humanitarians or saints, and stories of their work have been passed down more in the form of children's tales than case studies. While the stories may inspire, they fail to make social entrepreneurs' methods comprehensible. One can analyze an entrepreneur, but how does one analyze a saint?”