Executive Director, Center for Social Innovation, Stanford University
Are social innovation and entrepreneurship truly new fields and worthy of academic research and understanding? Stanford University believes so and has appointed Kriss Deiglmeier to create the Center and its associated programs. Kriss, a social innovator herself, understands the field as a practitioner as well as academic. Her views place the field in the larger context of philanthropy and non-profit management.
For more information, visit: http://csi.gsb.stanford.edu/about-csi
Kriss Deiglmeier is the executive director of the Center for Social Innovation at Stanford University.
Kriss Deiglmeier addresses the fact that social innovation is a long process and can take decades to scale. Citing Grameen Bank as a prominent example, Deiglmeier notes, "it took twenty years for it to really even make a dent in terms of reaching millions of people with loans."
Voluntary, organized efforts intended for socially useful purposes. Philanthropic groups existed in the ancient civilizations of the Middle East, Greece, and Rome: an endowment supported Plato's Academy (c. 387 BC) for some 900 years; the Islamic waqf (religious endowment) dates to the 7th century AD; and the medieval Christian church administered trusts for benevolent purposes. Merchants in 17th- and 18th-century western Europe founded organizations for worthy causes. Starting in the late 19th century, large personal fortunes led to the creation of private foundations that bequeathed gifts totaling millions and then billions in support of the arts, education, medical research, public policy, social services, environmental causes, and other special interests. SeeAndrew Carnegie; B'nai B'rith; Bill Gates; George Peabody; Rockefeller Foundation; Straus family.