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

705-723

Informations de copyright

© 2020 Kelley School of Business, Indiana University. Published by Elsevier Inc. All rights reserved.

Références

N Engl J Med. 2020 Apr 30;382(18):1677-1679
pubmed: 32109012
J Pers Soc Psychol. 1993 Mar;64(3):395-408
pubmed: 8468668

Auteurs

Sophie Bacq (S)

Kelley School of Business, Indiana University, U.S.A.

Will Geoghegan (W)

Kelley School of Business, Indiana University, U.S.A.

Matthew Josefy (M)

Kelley School of Business, Indiana University, U.S.A.

Regan Stevenson (R)

Kelley School of Business, Indiana University, U.S.A.

Trenton A Williams (TA)

Kelley School of Business, Indiana University, U.S.A.

Classifications MeSH