Course

Minor (EN): New Economic Thinking and Social Entrepreneurship

04 Sep, 2018 - 09 Nov, 2018

 
Join the most innovative minor on campus!
 
Are you curious about how economics and entrepreneurship can be a solution to current global challenges?  DRIFT, Impact Centre Erasmus (ICE) and the Economic Faculty Association Rotterdam (EFR), jointly offer the minor New Economic Thinking & Social Entrepreneurship.  The minor allows you to explore new economic futures by critically engaging with innovative entrepreneurs and following academic debates around economic transitions. 
 
Why?
Even though more and more companies acknowledge their responsibility to contribute to global issues like climate change, poverty and resource scarcity, they often struggle to develop new business models and value propositions that help to guide and accelerate transitions to a sustainable economy and society. We are in urgent need of new economic thinking and practice to strengthen the potential of emerging business models based on circular/sharing economy, social entrepreneurship or impact investment.
 
In this minor we will focus on understanding why and how these transformative business models emerge and how you as a student can contribute by developing and strengthening new business models in collaboration with social entrepreneurs.

‘We believe new economic models are crucial to our future’.
 
Read the interview with Emma Clemens (22) and Dunvel Délias (20), initiators of the minor.

Positive examples include new business models based on circular/sharing economy, social entrepreneurship or impact investment. In this minor we will focus on understanding why and how these transformative business models emerge and how you as a student can contribute by developing business models in collaboration with social entrepreneurs.
 
Social Entrepreneurship
To embody this mindset and further empower you, the minor is linked to BlueCity010, a hub for new entrepreneurship which includes ‘Aloha’, ‘Rotterzwam’ and ‘Fruitleather’.  During the minor you will work in groups on a challenge that has been brought in by a Social and/or Circular Entreprise. Together you will help them address the financial, marketing or business proposition challenges they are faced with. At the end of the we will organize a Pitching event at >Blue City where you >will present your ideas and suggestions to the entrepreneurs, your fellow classmates and the main teachers of the minor.
 
Learning objectives

  • Develop knowledge and new perspectives on the (potential) role of business in society;
  • Develop an understanding of the complex nature of our socio-economic challenges and societal transitions;
  • Communicate and reflect on theories and empirical research on new business models;
  • Understand methods to measure and manage the value proposition of impact;
  • Conduct an empirical study on the role of business in society by developing a business proposition.

 
Unique Characteristics
If you want to participate in this minor, we expect you to be open minded, curious and – at times – provocative and interested in solving the grand challenges society is facing. You will engage in critical debates and be able to reflect critically upon offered theories. Multidisciplinary perspectives, applied research and problem oriented learning approaches have your interest. As this minor is delivered in English, you need to have a sufficient command of the English language in speech and writing to actively participate in class. We strongly encourage students from diverse disciplines to apply.
 

 
The minor is organized in three modules which combine lectures by academics and practitioners with group and individual assignments. Next to that we will help you to improve your skills, like debating, presenting and pitching.
 
The content of the minor has been developed by Impact Centre Erasmus and DRIFT in collaboration with the economic students association EFR.
 
For more information and a detailed description of each module please visit this webpage.