While looking for info on the difference between Social and Cultural Entrepreneurship, I found this very interesting article by Courtney E. Martin & Lisa Witter from the Standford Social Innovation Review.
The authors state that through paradigms that:
[…] “Identifying and understanding the distinction between cultural entrepreneurship and social entrepreneurship is important for a number of reasons. First, cultural change usually runs deeper and can be longer lasting; more foundations and donors should invest in this theory of change, not to the exclusion of more market- or product-based approaches but in conjunction with them. Second, bona fide paradigm shifts in culture often take time; shifting behavior doesn’t happen overnight, but occurs through the accumulation of exposure to new ideas from many sources. This requires funders and supporters to be open to new definitions of measuring impact and to new expectations about mid- and long-term results—the cultural version of Acumen Fund’s idea of “patient capital.” Third, more people should look to make social change through community-driven or crowd-sourced engagement.”
To read the whole article click here.
Some more insight into the debate here from Fenton’s* blog.
* “fenton is a social change communications agency that uses the power of stories, media and technology to make the world a better place.”