For-profit social enterprises, sometimes called ‘hybrid’ organizations, are touted as a sustainable way to solve global problems, but surprisingly few have reached profitability. Devex Impact correspondent Amanda Gibson shares the hard-won lessons of social enterprises as they search for their fortunes at the bottom of the pyramid.
Social enterprises that aim to finance their operations through revenue-generation are spreading into new sectors, according to a study of Echoing Green applications. Devex Impact talks with Julie Battilana of Harvard Business school about these ‘hybrid organizations’ and the challenges they face.
In a recent working paper, the Donor Committee for Enterprise Development points to a core deficiency in many public-private partnerships and provides practical recommendations for improvement. Devex Impact reports.
A new document from the Center for Strategic and International Studies calls on U.S. foreign aid policy to radically reorient itself around the private sector and economic growth. Devex Impact reports.
A recent paper from the Initiative for Global Development says the most effective public-private partnerships happen when donors set the development agenda. Are government agencies and corporations ready for a paradigm flip? Devex Impact reports.