Repository logo
 
Loading...
Thumbnail Image
Publication

Exploring the meaning of social innovation: a categorisation scheme based on the level of policy intervention, profit orientation and geographical scale

Use this identifier to reference this record.

Advisor(s)

Abstract(s)

There has been a growing interest in academia regarding the term 'social innovation', including in disciplines such as sociology, administration, history, management, psychology, and economics. The literature highlights the lack of scientific clarity in the use of the term, and some scholars argue that the term is no more than a 'buzzword' or a 'fad'. This article focusses on the analysis of the conceptualizations of social innovation, contrasting sociological and economical approaches, and adopts an integrative approach to propose a categorization scheme of social innovation projects based on three distinct variables, namely the level of policy support, the profit orientation and the geographical scale. We argue that government support and the scalability of social innovations should be carefully pondered depending on the characteristics of the social innovation initiatives. We conclude that policy support should privilege social innovation initiatives that, while having the potential to deliver social good, are constrained by market failures. In addition, we also argue in favour of policy support for small bottom-up initiatives that have a profit-logic but are not sufficiently robust to survive on their own due to the liabilities of smallness and newness. Finally, we advise caution in public policies supporting scale-up strategies and highlighted the inherent challenges.

Description

Keywords

Entrepreneurship Framework

Citation

Research Projects

Organizational Units

Journal Issue

Publisher

Routledge Journals, Taylor & Francis Ltd

CC License

Altmetrics

Plum Print visual indicator of research metrics
  • Citations
    • Citation Indexes: 25
  • Captures
    • Readers: 90
see details