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Understanding Social Innovation

  • Julia Schmitt
Chapter
Part of the BestMasters book series (BEST)

Abstract

Mainly sociologists concur on the importance of social innovation for societal progress. Additionally, the introduction presented social innovation as a macro-economic driver. However, research on the value of social innovation in the business sphere is only in its beginnings. In order to introduce shared value as a socially innovative business strategy we hence, have to understand social innovation at first. To this intent, the current stand of social innovation research will be presented in the subsequent chapters.

Keywords

Technological Innovation Social Practice Radical Innovation Social Entrepreneurship Social Innovation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  1. 1.Sustainability ManagementGiesecke & Devrient GmbHMünchenGermany

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