| Literature DB >> 32398883 |
Sophie Bacq1, Will Geoghegan1, Matthew Josefy1, Regan Stevenson1, Trenton A Williams1.
Abstract
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.Entities:
Keywords: COVID-19; Entrepreneurial hustle; Grand challenges; Social entrepreneurship; Virtual idea blitz
Year: 2020 PMID: 32398883 PMCID: PMC7214311 DOI: 10.1016/j.bushor.2020.05.002
Source DB: PubMed Journal: Bus Horiz ISSN: 0007-6813
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| 6:30–7:00 p.m. | • When instructed, participants and mentors • After brief team introductions, the mentors will help teams develop their own system of online communication and workflow, including setting up an independent Zoom link hosted by the team lead. This Zoom link will also be shared with the mentor for later check-ins (e.g., @ 9:00 p.m.). • Once the independent link is established and shared, teams will leave the call and join their “independent” Zoom calls to start the event. |
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| 5:00–6:00 p.m. | Optional break: Virtual dinner, anyone? |
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| 5:00 p.m. | Teams record and submit their final presentations. |
| CONGRATULATIONS ON COMPLETING THE SPRINT! | |
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