Bill Gates Backs Social Entrepreneurship at Davos.By
We put Jacqueline Novogratz of the Acumen Fund on the cover of Inside Innovation some months ago as an example of the growing importance of social entrepreneurship and now Bill Gates has embraced the idea as well here at the World Economic Forum. The whole idea of philanthropy and corporate responsibility is morphing into the concept of promoting profitable enterprises that deliver housing, water, food, education, health and other basics to people at the Bottom of the Pyramid. Gates is coming late to this trend but the huge clout of the Gates Foundation with its billions of dollars will give the important movement an important push.
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