This course is intended for graduate students in business, economics, law, and political science. Students will explore the feasibility of constructing financial markets for firms in the social sector as well as capital markets in countries and regions where they do not currently exist. Both theoretical and practical aspects including the design and development of new accounting measures, new financial instruments, regulatory requirements for new organizational forms, and entrepreneurial drivers of new markets in the social sector are considered. The course is divided into four major parts, each of which will be examined both from the supply side (the investor’s perspective) and from the demand side (the entrepreneur’s viewpoint). The course format is for graduate seminars to meet every other week through Q3 and Q4 with supervised data collection in between.



Academic course objectives:


·               Examine the role of financial systems and entrepreneurship in economic development and social transformation

·               Explore constraints on financial markets and on entrepreneurship in the social sector

·               Introduce new financial instruments and innovative entrepreneurial initiatives—a historical survey

·               Present economic development as the design of new financial instruments and the fabrication of new markets in human hope