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Pope Francis is seeking to address global problems by calling young people, regardless of faith, to take action. Just last month, Pope Francis has published a letter inviting young professionals to travel to Assisi, Italy next year. Assisi, known as the City of Peace, is also the home of St. Francis of Assisi.
With the new economy, "the economy of Francis," the Pope aspires to inspire change and promote better business models through this initiative.
According to the World Economic Forum's Global Shapers Survey, an annual study conducted in 186 countries, it makes sense for Francis to recruit a young population to act and develop solutions to problems, such as climate change and inequality.
The question being asked is, should entrepreneurship be part of the solution of problems? The author, Sergio Palacios, commented that he believes entrepreneurship is a powerful tool to solve small and big problems.
In connection with the Pope Francis' new economy, Palacios adds that entrepreneurship is not limited to starting and owning a business, but also encompasses acting entrepreneurially inside organizations, from startups and small nonprofits to big corporations.
Palacios, who is also a an entrepreneurship educator and scholar at St. Mary's University, writes that in educational institutions, including St. Mary's, students and alumni taking action as members of the entrepreneurial ecosystems will help improve the planet and create value for generations to come.
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A customized collection of grant news from foundations and the federal government from around the Web.
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Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
