*This instructor has left the University of Illinois
Entrepreneurial course developed by Professor Anderson
This course is intended for undergraduate students who have an interest in creating programs and products that have social value for communities, both domestically and in international settings. Entrepreneurship is widely recognized as an important contributor to business development and economic growth in the U.S. More recently, social entrepreneurship has emerged as a change approach that features the application of entrepreneurial practices to social ventures. That is, social entrepreneurship is similar to business entrepreneurship in its emphasis on selected program development and management principles and processes, but social entrepreneurs have the primary goal of creating social value in communities rather than personal or shareholder wealth.
Social entrepreneurship approaches have gained increasing attention in the nonprofit, public, and private sectors, both in the revision of operations in existing organizations and in the creation of new social ventures. They have been especially prominent in the establishment of new programs in the developing world, as well as in the development of more sustainable social programs in U.S. nonprofit agencies. The course will introduce entrepreneurial concepts and processes that collectively encompass an approach to program and product development, with special attention to the creation of social value for disadvantaged groups.
The class is intended to blend lectures on overarching entrepreneurial concepts and principles, case examples of social entrepreneurship projects, and direct experience in developing social entrepreneurship projects. The initial part of the class will emphasize instructing students in broad concepts and principles related to entrepreneurship, while the latter portion of the course will feature students working on teams to design social projects.