On April 13, Maryland became the first state to legally create a new corporate form – the “benefit corporation” – that lets social entrepreneurs commit their for-profit ventures to a specific social good. This new law reflects a growing interest among business leaders and one that is swelling among students at business schools across the country.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Dean Anand Anandalingam talks about how a shift in thinking will help ensure the future of business will be better than the past.