Social innovation: Let's hear those ideas

In America and Britain governments hope that a partnership with “social entrepreneurs” can solve some of society’s most intractable problem.

“Social innovation is the increasingly common shorthand for this approach to public-private partnerships. It differs from the fashion in the past couple of decades for contracting out the delivery of public services to businesses and non-profit groups in order to cut costs, in that it aims to do more than save a few dollars or pounds—although that is part of its attraction. The idea is to transform the way public services are provided, by tapping the ingenuity of people in the private sector, especially social entrepreneurs." Read the complete article in The Economist here.