Episode 1 - Social Entrepreneurship vs. Social Innovation
Join Jerrid and Courtney as they examine the fine, often interchangeable, the line between social entrepreneurship and social innovation. As Jerrid explains it, social entrepreneurship encompasses using business practices to create wealth and social value.
In some ways, social innovation can be thought of as the umbrella under which social entrepreneurship falls. This takes into account all of the people who may be socially innovative but not necessarily social entrepreneurs. To this end, the purpose of social innovation is for social progress and value creation. This purpose divulges ever so slightly from social entrepreneurship because social innovation may or may not have a wealth-generating component. Still with us?
Take this example. Jon Territo—true story—is a music professor at Valencia who wants to find ways to infuse social innovation into his courses. One idea is to have his choral groups and ensembles play at fundraisers so students can learn the benefits of giving back to their communities. Or perhaps his students may perform at a concert where the admission is two can goods. Both options fall under the social innovation umbrella.
While seeds of social innovation may be planted in the course lessons of some faculty, the main focus of the work at Valencia is social entrepreneurship. The academic program helps students create businesses that do well and do good. Courtney is curious how Jerrid teaches such a broad topic to his students. As it turns out, Jerrid has plenty of resources in his toolkit which includes a systematic literature review he co-authored with Rollins College Professor Mary Conway Dao-on.
Jerrid, as does Courtney, likes to teach through examples. He spends the first 2 weeks on terminology then the class begins to narrow down the list and dissect the remaining definitions until a cohesive understanding emerges.
The show wraps up with the hosts sharing their extracurricular activities. Courtney was inspired by a workshop she attended at the Orlando Public Library that focused on seizing your dreams. She was also thrilled that the student club she co-advises, the Valencia East Book Nerds, received Program of the Year for their banned book trivia event.
Jerrid was also having a great week. He is also an advisor to a student club, the Social Entrepreneurship Student Organization (SESO). SESO hosted a successful event where social entrepreneurship extraordinaire, Eric Glustrum, was the guest speaker. An inspiration in the field, Eric Glustrum’s credentials include being an Ashoka Fellow, Echoing Green Fellow, Forbes 30 Social Entrepreneurship Under 30, and founder of Watson U.
Links For more information on topics discussed during the show, see the list below.
Jerrid Kalakay 0:13
Welcome to the Teaching Change podcast where we explore issues of social entrepreneurship, education, and innovation. I'm one of your host Jerrid Kalakay.
Courtney Moore 0:21
And I'm your other co-host, Courtney Moore. And today's episode we will demystify Social Entrepreneurship as it relates to Social Innovation. So, Jared, you've been working with Social Entrepreneurship for quite some time now. I've read an article about Social Entrepreneurship versus Social Innovation. For me, it kind of seems like the same thing. So can you enlighten us on the differences, please?
Jerrid Kalakay 0:52
Yeah, well, I don't know if there's a strict difference between the two as much as they are Obviously related, and most of the time, they're interchangeable. So social entrepreneurship is the act of using business practices in innovative ways to create two things. One is wealth creation, like any other entrepreneurship endeavor, or entrepreneurial endeavor, you want to make money, and you need to make money. And then the second one, and sometimes even more importantly, in social entrepreneurship, is the concept of social value creation. And the social value creation is basically through your enterprise and through your innovative business practice. You are creating social value for society and improving society. So you're tackling some kind of social or environmental issue. But social entrepreneurship is is the combination of the two. And it's there's always a desire to not only make money but also improve society.
We say that Social Innovation is the umbrella for social
So and yeah, in some ways, it absolutely is. So what the issue with Social Entrepreneurship as an as a field is that there was a there's a lot of folks that do things that are socially innovative, that are improving society, both socially and environmentally, that didn't feel or were not properly captured by the term Social Entrepreneurship. So Social Entrepreneurship is doing well and doing good. So you're doing well and making money but doing good for society. And Social Innovation is kind of a little bit bigger tent for that.
Courtney Moore 2:41
There are more people involved and more industries.
Jerrid Kalakay 2:46
Yeah. So with the term Social Innovation, that the main focus is on being innovative, for social progress and social value creation, okay? The focus is not the So the focus is on that. Some social innovations could also have a wealth creation arm, but it's not a necessity, okay. And so, you know, if you were to figure out a new water treatment facility or a new way to purify water or enable a new village or new town or a new city, a way to get better drinking water. That could be a Social Innovation. Especially if you weren't necessarily doing it to make money. You're doing it because maybe you work in government. And maybe it's your job to find better water, a water treatment system, you know, maybe it's your job, maybe you work for a relief organization or nonprofit or another NGO, nongovernmental organization. And so maybe it's your job to do that. So, you know, you don't have to worry about the mechanisms of entrepreneurship and the mechanisms of business to get that job done. And so you're still being, you're still doing well are doing good for the community and for society. And that would certainly be considered a Social Innovation. But because you're not directly tied to a business model, per se, wouldn't necessarily be considered Social Entrepreneurship.
Courtney Moore 4:27
Okay. So in those regards, what would be the impetus for a company or an organization to go into the field of social innovation if there's no profit for them as
Jerrid Kalakay 4:45
well? So that's what's interesting. You know, I think one of the limiting one of the limiting things about social entrepreneurship as it as it only a standalone definition and why, why we needed to, I think, as a field need to broaden it to so Innovation or it because not all organizations are people are motivated simply by money in terms of profit, you know, there's no government organization or no government, or no local or state or federal or international government that could exist without worrying some point about the bottom line. But that's not also the chief. That's not necessarily the chief responsibility or the chief worry. So Social Innovation enables organizations to maximize their resources, maximize their benefits to their society or to their constituents, to the stakeholders, without necessarily having to worry about turning a profit, you know, immediately and so forth. So, for example, if you were a music professor, and we have a music professor that on our guiding coalition committee, and you know, one of the things he wants to do a lot of things that are socially innovative and so he wants to figure out a way to have his choral groups and his ensembles play at fundraisers and things like this. And he wants to, he wants to figure out a way to help students understand his music students understand the benefits of that and why they should do those kinds of things that would lean more towards Social Innovation. Then it would Social Entrepreneurship, right? Just by the very nature of what it is right? He was having him, his name is john Trudeau, and he's a music professor here at Valencia. And hopefully, we'll have him on the show at some point in time in the future. But when john was having a really tough time thinking about social entrepreneurship, and a way that his music students can directly tie into creating a social enterprise or creating a business that does well and does good, I think that
Courtney Moore 6:56
sounds really good because when I hear music, I don't necessarily think about Social Entrepreneurship. However, I really like the connection between the two as well.
Jerrid Kalakay 7:09
Yeah, absolutely. I mean, I think Social Innovation and Social Entrepreneurship are in the same wheelhouse are in the same tent. Social Entrepreneurship, I think is a slightly smaller tent than Social Innovation. But the tent is still huge. It's by the very nature of Social Entrepreneurship, and Social Innovation, the idea of tackling these huge issues that are the society-wide issues and environmental issues thereby their very nature going to be interdisciplinary within within the wheelhouse of, of higher education, but they're also cross-sector, their, their cross-industries, so forth and so on. And so, you know, we tend to get really caught up at least in higher education, we tend to get caught really caught up with terminology, which is I think, is it I think, is important in a lot of ways, but also sometimes gets into Wait a little bit. And so at Valencia, the focus of our work is on social entrepreneurship. And that is helping our students, create businesses and learn how to create businesses that do well and do good. With. With that being said, we also don't ignore Social Innovation, and we try to encourage as much Social Innovation as possible. You know, and in John's sort, you know, in John's example, with his music students, you know, it's fantastic if they have a concert. And part of the concert, you know, they are part of the fee to get in is two cans of food. That's fantastic. You know, we could donate that food or john could donate that food to a local food bank, one of the local food banks in town and that'd be fantastic, right, right. Which could be innovative. And it could be Social Innovation, but it wouldn't necessarily be Social Entrepreneurship.
Courtney Moore 8:57
I see what you're saying there. Yeah. Very good. Very good. Absolutely. Let's bring it back to your classroom for a moment because you're a professor that teaches social entrepreneurship as well.
So, um, how do you teach these concepts to your students?
Jerrid Kalakay 9:22
Well, I hope I teach them I hope I teach the concepts. Well, you'd have to ask my students about that. Yeah.
Courtney Moore 9:29
I mean, well, we,
Jerrid Kalakay 9:31
we spend typically in my, in my Social Entrepreneurship course that that that I teach. We spend the first two weeks on terminology. And that's what's funny about that is I just said higher ed, we get too caught up on terminology. And so now here I am reading two weeks, everyone, and here I am spending two weeks I was a 16-week course on terminology. But I think it is. So we spend two weeks now this A lot of terminologies and social entrepreneurship and social innovation, in general, loses its kind of the two big categories, but a social value creation. There's this wealth creation, there's a lot of jargon that even in this podcast that I use that may not be readily known to everyone, and some and I tend to forget what is known and what is it known because I'm in, in this world,
Courtney Moore 10:23
Jerrid Kalakay 10:25
But in, in my course, the way I teach it is, is through examples and, and we read definitions, you know, in a classroom, it's a little bit different than elsewhere. To watch or read, you know, three or four or five or 10 definitions of Social Entrepreneurship and, and will dissect them and talk about, well, what is this one have this other one doesn't have and so
Courtney Moore 10:48
Do you mean that there are different definitions?
Jerrid Kalakay 10:51
Oh, yes. Yes. So I recently shameless plug I recently wrote, co-authored an article on with Mary Conway, the drone from Rollins college, right down the street,
Courtney Moore 11:05
tell us the title where to find it.
Jerrid Kalakay 11:07
So, so the title is very long and I'm embarrassingly unable to produce the exact title. Okay. But we'll put it in the show notes. Yes. We went through a few different edits of the title. So, so the titles, title change quite a bit working with the editor and so forth. But it is in the social enterprise journal. And I will put it in the liner in the show notes. But marrying my co my co-author, Mary and I actually went through and we did a systematic review literature review of the definitions of Social Entrepreneurship. And we found about 60 or so, definitions of Social Entrepreneurship. So, yes, there are lots and lots of definitions and in a systematic, literal, systematic literature review The definitions, we dissected what made a good definition what was a good definition versus a not as good definition and, and did some interesting things, which could be of interest if you're particularly interested in the definition issue within Social Entrepreneurship. But yes, there are lots and lots of definitions. And everyone kind of has their favorite 10 or so. Right. I think overall, the one that I've come to say the most is probably just the one that I've said earlier is using business practices innovatively to create social value and, and wealth creation. And that and that at the core, that's pretty much sums up most of the definitions. They add a lot of stuff in it, you know, and so forth, different modes of it, different sectors, different approaches, so worth but for the most part that's more or less what everybody's kind of saying. So coordinate How is life and For you, in this in this crazy journey of Teaching Change podcasts and getting things going what's new, what's going on?
Courtney Moore 13:08
Well, I attended a workshop. Actually, this is a spoiler alert, a librarian attending a workshop at a library. So it was about seizing your dreams. And I found that really valuable. And we were talking about how we always put our dreams off into the future, and how there's no day but today and we need to start working and planning on how we're going to make our dreams become a reality, which I found really meaningful for me and the workshop was hosted by de Luna Ashby. And she's actually a DCM, which is a Distinguished Toastmaster for the Toastmaster organization. And another good note for me is I'm a librarian who is an advisor to a book club. So my book club is called the book nerds. And my club actually one program of the year yeah, or are being booked smackdown trivia. So being booked smackdown trivia here. And that's the program that we put on every September. And we had a lot of students gather in our building three atrium, and we had a great trivia contest. It was fun. It was educational. So students learn about how important being books are to pop culture into our world. Yeah, in general.
Jerrid Kalakay 14:55
And so and you're saying the banned book
Courtney Moore 14:57
I'm seeing the banned book
Jerrid Kalakay 15:00
What is a banned book? Or is that what does that mean? I've seen it. I've seen it around. But what does that mean? I don't know. So
Courtney Moore 15:06
these are books that have been moved off of library shelves or school shelves due to the objections of a group because they felt that maybe the content was not suitable for people to read it. So that's the basic definition for it. So at the library, we're all about access to information and making sure that everyone just can read what they want to read, as well. So every September we celebrate our access to that information. And our band book trivia was one of the events that we celebrate so I'm very proud of the book nerds for that.
Jerrid Kalakay 15:55
That's very cool. And so your book club is the book nerds. Yes. That's very cool.
Courtney Moore 16:03
Jerrid Kalakay 16:07
Yeah, they're gonna appreciate the shadow. And you had you hosted this event and building three which is a commonplace on the East Campus of Valencia to host events.
Courtney Moore 16:18
Absolutely. So you know, I hear you have some great things going on. You recently had an event we did
Jerrid Kalakay 16:25
yeah. So I happen to advise or co advise rather, the Social Entrepreneurship student organization, otherwise known as CCO here on the East Campus and the student club recently brought Eric Lindstrom from Watson you out of Boulder, Colorado to come and talk about trailblazing that your entrepreneurial path. And if for those of you that may not be aware, Eric is an Ashoka fellow, an Echoing Green fellow. He was recognized by Forbes 30 under 34 Social Entrepreneurship Wow. A number of years ago. He is the founder of Watson you, which is a higher education institution in Boulder, Colorado, specifically designed for preparing students to create and grow social enterprises. And so he's a fantastic and amazing guy. And so he was able to come down with the students, students hosted him. And he gave a talk in one of the buildings here on campus, building eight, which is where most of the business classes happen. And there was the attendance of 60 students, which, which
is a pretty big deal for student events. Congrats. Yeah. So
yeah, so there are 60 students who learned about trailblazing their entrepreneurial path and, and then afterward, he met with our guiding coalition group and some exciting things that are in the mix for Valencia College and Watson you that will be excited about and maybe even talking about in the future. So hopefully, hopefully, those things come to fruition. And then the students and I took him to dinner student group we went to Tijuana flats, which is a local Tex Mex place here in in in Orlando. And now all pretty much all over Florida. Yeah. So it's expanding. It's pretty good. It was Eric is a kind of sore of sorts of hot sauce, which I don't know that about him. But one of the things about Tijuana flats, is they have a hot sauce bar. And so they have about I don't know, I mean, at least 20 or 30, hot sauces, that they all they make themselves. And so he was quite impressed. Ah, he was very excited about that. And the students were able to pick his brain about, I mean, all kinds of ideas. So it was a really special and exciting, exciting time. Great, great. Yeah. You've been listening to the Teaching Change podcast where we explore issues of social entrepreneurship, education, and innovation. This episode we've demystified Social Entrepreneurship for Social Innovation.
Courtney Moore 19:04
Please visit our website at Teaching Change podcast.com and until next time
Jerrid Kalakay 19:10
be nice and change some Jerrid