Abstract

Resource issues of Australia's ageing population are wrinkling the strategists' brows. A quest for novel funding options is underway. This article draws upon case study research to raise the allied concepts of venture philanthropy and social entrepreneurship as useful partners in a nation's medical research funding portfolio. While both notions are quite new in the nonprofit and philanthropy literatures (Van Slyke & Newman, 2006) US cases suggest a tangible benefit to the health system worth exploring for countries without such inputs (e.g. Australia). This article is an early investigation of these concepts in the health and medical research setting. The author acknowledges funding for this research provided by Research Australia.

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