Abstract

Challengers made a model of social entrepreneurship that served as an appropriate technology niche for creating novel technological innovations. Aravind Eye Care System (India) developed an innovative model of social entrepreneurship: the Robin Hood model. This model involves multiple revenue streams from income generating activities (i.e., multi-tier patient fee schedule and ophthalmic consumables) and donations. Profits are then reinvested into the organization which provides eye health care to low-income patients for free or a heavily subsidized rate. With this model of social entrepreneurship, there is some rapprochement between the decentralized governance of Gandhian philosophy of science and technology with the economic liberal decentralization of neoliberal capitalism advocated by Schumpeter.

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