The COVID-19 Virtual Idea Blitz: Marshaling social entrepreneurship to rapidly respond to urgent grand challenges.
COVID-19
Entrepreneurial hustle
Grand challenges
Social entrepreneurship
Virtual idea blitz
Journal
Business horizons
ISSN: 0007-6813
Titre abrégé: Bus Horiz
Pays: United States
ID NLM: 9878134
Informations de publication
Date de publication:
Historique:
pubmed:
14
5
2020
medline:
14
5
2020
entrez:
14
5
2020
Statut:
ppublish
Résumé
In response to societal grand challenges, professors have unique opportunities to effect change, repurposing their expertise to deploy relevant, timely, practical, and research-backed knowledge for the betterment of communities. Drawing on scholarship on postcrisis organizing, entrepreneurial hustle, and social entrepreneurship, we provide a firsthand, real-time case description of a three-day "virtual idea blitz" organized in response to the COVID-19 crisis. The event was organized and executed in less than a week and ultimately involved 200 individuals, including entrepreneurs, coders, medical doctors, venture capitalists, industry professionals, students, and professors from around the world. By the end of the weekend, 21 ideas with corresponding pitches were developed in five thematic areas: health needs, education, small businesses, community, and purchasing. We describe how the community was rapidly rallied, and we discuss the key learning outcomes of this spontaneous entrepreneurial endeavor. We provide evidence from participants and mentors that showcases the value of the time-compressed virtual idea blitz in accelerating social entrepreneurial action. We offer practical guidance to academic, community, and professional institutions that would like to replicate or build upon our approach to stimulate the formation of community and to coordinate efforts to thwart the ongoing threat of COVID-19, as well as other societal challenges that might emerge in the future.
Identifiants
pubmed: 32398883
doi: 10.1016/j.bushor.2020.05.002
pii: S0007-6813(20)30069-0
pmc: PMC7214311
doi:
Types de publication
Journal Article
Langues
eng
Pagination
705-723Informations de copyright
© 2020 Kelley School of Business, Indiana University. Published by Elsevier Inc. All rights reserved.
Références
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