Tripple Bottom Line 002.pdf - Embracing Entrepreneurship...

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Spring 2011 Volume 86, No. 1 INDIANA BUSINESS REVIEW Embracing Entrepreneurship demographic and economic perspectives, insights, and analysis since 1926 The Triple Bottom Line: What Is It and How Does It Work?
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Kelley School of Business Daniel C. Smith Dean Frank Acito Associate Dean of Information Technology Munirpallam Venkataramanan Associate Dean of Academic Programs Idie Kesner Associate Dean of Faculty and Research Philip L. Cochran Associate Dean of Indianapolis Programs Anne D. Auer Director of Marketing Indiana Business Research Center Jerry N. Conover Director and Publisher Indiana Business Review Carol O. Rogers Executive Editor Rachel M. Justis Managing Editor Molly A. Manns Graphic Designer Flora A. Lewis Quality Control Table of Contents Spring 2011 Volume 86, No. 1 w w w. i b r c . i n d i a n a . e d u 4 The Triple Bottom Line: What Is It and How Does It Work? Timothy Slaper and Tanya Hall discuss the triple bottom line, a measure of sustainability that includes not only financial measures but social and environmental performance measures as well. The fact that the triple bottom line is not static across all types of businesses, nonprofits and government entities makes it malleable and more effective at evaluating sustainability than strictly financial measures. This article digs into the measures included in calculating the triple bottom line, as well as some examples of how the triple bottom line has been used in practice. 1 Embracing Entrepreneurship Susan Clark Muntean takes a look at how to embrace entrepreneurship through public policy and at the importance of small businesses in the economy. She suggests that by improving the skills, resources and networks of entrepreneurs, public policy officials can improve Indiana’s economy for years to come. From the Editor Entrepreneurship and triple bottom line accounting (with the goal of sustainability) are the focus of this 86th spring issue of one of Indiana’s longest running publications. The Indiana Business Review began as a service to the citizens of Indiana just one year after the creation of the Indiana Business Research Center in 1925. Its goal then and now is to provide factual insight into the economy of the Hoosier state. While we have bowed to the power (and cost savings) of the Internet age by publishing only online now, our readership continues to grow throughout the state and across the nation. We encourage you to connect with us and share your ideas on our coverage of events and issues of importance to our economy, be it by e-mail or Twitter or Facebook. Enjoy!
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Indiana Business Review, Spring 2011 1 W hich public policies are most effective at enhancing economic performance? On two occasions in the past six months, I have presented research findings on this topic to members of the Indiana General Assembly. I made two interesting observations during these meetings. First, there is an apparent translation problem between the quality of our top entrepreneurship programs and the actual creation of new employment-generating ventures in the state. For example,
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  • Summer '17
  • Saw lip chit
  • Business Research Center, Indiana Business, Indiana Business Research

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