Social Entrepreneurship in Universities: Unleashing its Potential

1. Social Entrepreneurship in Universities: Unleashing its Potential Prof Dr Raha Abdul Rahim Director HEI Excellence Planning Division Department of Higher Education MoE

2. DEFINING “SOCIAL ENTERPRISE” “A business that trades to tackle social problems, improve communities, people’s life chances, or the environment. They make their money from selling goods and services in the open market, but they reinvest their profits back into the business or the local community” “A social enterprise is an operator in the social economy whose main objective is to have a social impact rather than make a profit for their owners or shareholders. It operates by providing goods and services for the market in an entrepreneurial and innovative fashion and uses its profits primarily to achieve social objectives. It is managed in an open and responsible manner and, in particular, involves employees, consumers and stakeholders affected by its commercial activities”. Source : British Council, Social Enterprise in a global context -The role of higher education institutions. Source : European Commission Communication COM(2011) 682 final dated 25.10.2011

3. DEFINING “SOCIAL ENTREPRENEUR” Social entrepreneurs are people who harness the power of market forces and business principles to solve social problems, from poor health-care to unemployment. Source : World Economic Forum A social entrepreneur is similar to a business entrepreneur, relying on innovation and creativity to provide a solution to a problem, but they are driven by a mission to create social impact and tackle issues such as alleviating hunger, improving education, and combatting climate change. Source : www.emeraldgrouppublishing.com Source : Enactus, Quensland University of Technology

4. DEFINING “SOCIAL ENTREPRENEURSHIP” Social entrepreneurship is “the practice of combining innovation, resourcefulness and opportunity to address critical social and environmental challenges” (Said Business School, n.d.). Social entrepreneurship is important because it provides a framework for businesses to find their own success in the pursuit of helping others. It’s a constant source of motivation for employees, especially for Generation Y, which is increasingly skeptical about the traditional corporate work environment. Source : Deloitte’s global 2014 Millennial Survey

5. EXAMPLES OF LEADING SOCIAL ENTREPRENEURS ACROSS THE WORLD Muhammad Yunus (Bangladesh): Founder of Bangladesh’s Grameen Bank and recipient of the 2006 Nobel peace prize, he began offering micro loans (micro finance and micro credit) to impoverished people in Bangladesh in 1976 and his model has now been replicated around the world. Bunker Roy (India): Created the Barefoot College in Rural India to train illiterate and semi-literate men and women. Satyan Mishra (India): Founder and CEO of the Indian Company, ‘Drishtee’, with it’s over 4,200 Drishtee-trained entrepreneurs provides economic opportunities to the poor by facilitating access, generating employment and delivering essential services in an affordable way Florence Nightingale (United Kingdom (UK) : Founder of the modem nursing, she established the first school for nurses and fought to improve hospital conditions.

6. SUCCESSFUL SOCIAL ENTREPRENEURS Bill Drayton is recognized as one of the pioneering social entrepreneurs of our time. Drayton founded “Ashoka: Innovators for the Public” in 1980, which takes a multifaceted approach to finding and supporting social entrepreneurs globally. Yoga Girl is the name of Rachel Brathen’s New York Times best-selling book and the handle for her Instagram account, which reaches 2.1 million followers As co-founder and global ambassador of the Malala Fund, Shiza Shahid manages business operations for Malala Yousafzai, the teenager who became the youngest winner of the Nobel Peace Prize in 2014.  Mycoskie became the chief shoe giver and founder of TOMS Shoes, investing $300,000 of his money in the company. TOMS pledged to donate one pair of shoes for every one sold, and now expands the “One For One” campaign to support water, sight, birth and anti-bullying initiatives. Scott Harrison in 2006 founded charity: water, a nonprofit that provides safe and potable drinking water in 26 countries around the world.  Professor Muhammad Yunus is renowned for the popularization of microfinance and microcredit, which serve as the cornerstones of the Grameen Bank, founded in 1983. In 2006, Yunus was awarded the Nobel Prize for creating the Grameen Bank, based on the principles of trust and solidarity to empower villagers with the funding to pull themselves out of poverty.   Source : https://www.investopedia.com/articles/investing/092515/10-most-successful-social-entrepreneurs.asp

7. “Universities are the anchors, shapers and innovators of our communities and countries. They foster cultural, social and economic vitality. HEIs help to build an informed citizenry, more tolerant societies and more participative communities. They generate and nurture the skills, research and innovation that spur economic development and shape the future. And today as never before, they are being called upon to contribute to positive social and economic change both nationally and internationally.” Jo Beall, British Council

8. BENEFITS OF SOCIAL ENTERPRISE TO ACADEMICS, STAFF AND STUDENTS Social enterprise can be used as a way for academics to support and evidenceImpact delivery by applying their research into active community engagement Supporting social entrepreneurs in higher education not only improves employability and academic studies, it also assists the University’s reputation in its locality Be a vehicle for engaging with relevant companies, charities, non-government organisations etc. for potential research utilising a social enterprise Social enterprise can help deliver or extend research outcomes in innovative new ways through working with new contacts and networks Social enterprise enhances the student experience as it helps improve employability and has direct educational benefits Record levels of graduate unemployment coupled with a growing social conscience amongst ‘Generation Y’ have fuelled a rise in the number of students and graduates setting up social enterprises Rather than a ‘commercial’ route, a social enterprise offers an alternate way to generate income for reinvestment into research activities Source : https://umi3.com/social-enterprise/

9. MALAYSIA EDUCATION BLUEPRINT 2015-2025 (HIGHER EDUCATION) Supports entrepreneurial mindset Translational research

10. Consultation Contract Research Talent Intellectual Property Publications TRANSLATIONAL RESEARCH @ MoE (TR@M) – benefits and impacting the government, community, industry & academia Training & Services Services/ Solution Providers GCI A Economic Social Culture Environment TR@M TRANSLATIONAL RESEARCH Commercialisation of R&D products Breakthrough discoveries

11. TRANSLATIONAL RESEARCH Services Talent/students Training Publications & IPs Research contract Knowledge generation

12. RESEARCH & INNOVATION FOR SOCIETY & ENTERPRISE ( RISE@UNI ) ,, RESEARCH & INNOVATION INFLUENCING THE SOCIETY AND ENTERPRISE. RESEARCH & INNOVATION DRIVEN BY SOCIETY AND ENTERPRISE ,,

13. SOCIAL INNOVATION - EXAMPLES from the UNIVERSITIES UKM – orang asli village Kg KachauLuar – entrepreneurship and tourism - handcrafts weaving, jungle tracking UITM – Berbudi Kitchen Lecturers working with youth from an orphanage – through Fac of hotel and tourism The kids are taught to cook with hotel chefs and set up catering businesses thru enterprise Once they leave the orphanage, the enterprise allows them to be independent and help other needy orphans UMK – aquaculture industry in Kelantan – improved fish feed, water quality, fish products UMP – single mothers and B40 at Bukit Kenau, Pekan (plant serai wangi for perfume and as insect repellent and also handcrafts) UTP – B40 villagers in Perak Tengah – chili sauce, frozen curry puffs, sewing

14. Yayasan Sukarelawan Siswa • Student volunteerism and volunteer efforts (1.3 million students) are steps in the right direction towards building sustainable Social Enterprise. • Social enterprise are not for profit but for the greater good of society – in particular the targeted groups • CSR is different – undertake as a corporate responsibility

15. Unimaker UM – 9000 students were involved • Innovation-finding ways and opportunities to make money for the society; • UIA – use of QR code to give donation to masjids STEM MOVEMENT MALAYSIA • Getting more Malaysian kids interested in science, technology, engineering and math

16. RISE@UNI

17. RISE@UNI

18. RISE@UNI

19. Universities as an enterprise? Moving away from being just an ivory tower to a social platform • Making the connection between academia and society seamless with strong self enforcement to ensure sustainability • Universities are rich with resources to contribute to innovative solutions to pressing social problems • Embrace success and failure as the opportunity to learn • Universities must be the solution.

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