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Generating Social Innovations: Some Recent Experience from Abroad

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  • Irena Jindrichovska

    (University of Finance and Administration)

Abstract

Innovation is without doubts one of the key production factors. The aim of this paper is to analyze the recent development in the field of social innovation and, more importantly the practical impact of this concept to society. As we may observe, currently, the cheap and highly developed information technology in our open society is readily available to broad population. It is, therefore, ready to be used in both technical and social fields. The easiness with which the technology is now used may bring in some social patterns that are reflecting in communication and human conduct. Many developed countries have nowadays problems of funding the essential public needs like running public services or building necessary infrastructure. After touching on the concept of public private partnership and its feasibility our paper deals with explanation of the new notions: the Big Society recently introduced in the UK and Collective impact developed in the US. We also look in their impact on creating opportunities for authorized and legal reduction of services to citizens in some developed countries.

Suggested Citation

  • Irena Jindrichovska, 2012. "Generating Social Innovations: Some Recent Experience from Abroad," ACTA VSFS, University of Finance and Administration, vol. 6(2), pages 155-168.
    • Handle: RePEc:prf:journl:v:6:y:2012:i:2:p:155-168
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    File URL: https://www.vsfs.cz/periodika/acta-2012-2-04.pdf
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    References listed on IDEAS

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    1. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    2. Tunstall, Rebecca & Lupton, Ruth & Power, Anne & Richardson, Liz, 2011. "Building the Big Society," LSE Research Online Documents on Economics 43807, London School of Economics and Political Science, LSE Library.
    3. Ruth Lupton & Anne Power & Liz Richardson & Rebecca Tunstall, 2011. "Building the Big Society," CASE Reports casereport67, Centre for Analysis of Social Exclusion, LSE.
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    More about this item

    Keywords

    innovation; open innovation; social innovation; Big Society; collective impact;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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