| GEST3763-1 |
| Social Business Models |
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Duration :
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| 30h Th |
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Number of credits :
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Lecturer :
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| Sybille Mertens de Wilmars |
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Language(s) of instruction :
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| English language |
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Organisation and examination :
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| Teaching in the second semester |
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Units courses prerequisite and corequisite :
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| Prerequisite or corequisite units are presented within each program |
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Course contents :
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The current crisis requires a change in our economic system. The fight against climate change, protection of biodiversity, regulating the global financial system, preservation of social cohesion, the eradication of poverty and the fight against socio-economic inequalities are few emblematic examples of the challenges we collectively face. Among the various proposed paths, some academics advocate for « rethinking the firm ». This option goes for greater public regulation requirement applied to the world of business to CSR initiatives firms undertake on a voluntary basis. Some companies go further in the strong internalization of social or environmental concerns. They build their business model around these objectives. Beyond the speeches, it is important to study these economic models to understand the rationality and critically analyze their potential but also the limitations and obstacles they encounter.
Part 1 - Conceptual and theoretical background
1 - Introduction - capitalist firms failures
- Public goods
- Externalities
- Trust goods
2 -Financing Mix
- Public, private and indirect benefits
- Public, market and philanthropic resources
- Change Theory and Social Impact assessment
3 - Financing Social enterprises
- Organisational features
- Current resources
- Capital structure
- Social Business Plans
4 - Business Models
Part II - Applications
5 - Bottom of the Pyramid Models
6 - Sharing Economy Models
7 - Circular Economy Models
8 - Citizen Economy Models
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Learning outcomes of the course :
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Prerequisite knowledge and skills :
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- Students must be able to express themselves in French or English and must be able to read fluently French and English.
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Planned learning activities and teaching methods :
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| Learning activities include
- Conceptual and theoretical presentations by the teacher (powerpoint)
- Readings and discussion in class
- Case studies prepared in the classroom
- Corporate visits and meetings with social entrepreneurs
Non compulsory learning sessions on financial budgeting for social business plans |
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Mode of delivery (face-to-face ; distance-learning) :
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| The course is mainly face-to-face. Students will also be invited to participate to 2 conferences. |
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Recommended or required readings :
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- A bibliography containing books and reference articles will be suggested for each topic. These documents will be made available (Lol@ or Louvrex Library).
- Movies, company visits,
The course will use the virtual interface Lol @, on which will be mailed: PowerPoint presentations of the various sessions, the cases presented by the students. |
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Assessment methods and criteria :
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| The overall assessment will combine two elements:
- Essays (6 short essays and 1 case study) (25%)
- An oral exam (75%) in June (List of typical questions available)
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Work placement(s) :
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Organizational remarks :
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| The course takes place in the second term, Thursday from 1pm to 3pm at N1 (room 320) rue Louvrex . The course starts on Th, February 4, 2016 and ends on Th, April 21, 2016. |
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Contacts :
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| Sybille Mertens Cera Chair- Center for Social Economy HEC-Management School - University of Liège - B33/box 4 - 4000 Liège Tel : + 32(0) 4 366 27 51 - smertens@ulg.ac.be
All students' e-mail should mention in the subject the course code (GEST 3763).
Please contact Mrs Lovens (clovens@ulg.ac.be) to make an appointment. |
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