Luke Weil Reviews Potential Future Role of Social Entrepreneurship

Luke Weil Social Entrepreneurship

With social entrepreneurs such as Luke Weil, Blake Mycoskie and so many others highlighting the degree of social good that can be accomplished through entrepreneurship, it is increasingly becoming the case that the private sector will soon be able to supplement many of the responsibilities traditionally handled solely by the public sector. Weil, the social entrepreneur and philanthropist who has played such a critical role in supporting positive efforts throughout the Andean region of South America, has reviewed the many potential benefits associated with the increasing involvement of the private sector in ensuring that a great deal of social good is achieved.

In terms of efficiency and problem-solving, creative social entrepreneurs have generated a number of positive social outcomes. Of particular note is the increased willingness of governmental organizations to seriously invest in innovative solutions that may have otherwise been deemed too great a risk before being proven to be demonstrably effective due to the efforts of the social entrepreneurs operating in the private sector. While the role of government is still a critical one, it is clear that there is a potential for a strong and symbiotic relationship to be more closely constructed between the public and private sectors, especially when unique and pressing problems require the creative solutions entrepreneurs are known for developing.

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