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Asian Journal of Management
Year : 2017, Volume : 8, Issue : 2
First page : ( 346) Last page : ( 348)
Print ISSN : 0976-495X. Online ISSN : 2321-5763.
Article DOI : 10.5958/2321-5763.2017.00052.X

Defining the Concept of Social Innovation

 Heena*

Research Scholar, Faculty of Management Studies (F.M.S), Delhi University, Delhi

*Corresponding Author E-mail: 89heenabhardwaj@gmail.com

Online published on 17 July, 2017.

Abstract

To Advance understanding of the concept of social innovation this review section 1 highlights the main uses and areas where the concept of social innovation has emerged. This preliminary analysis leads to the conclusion that there are two essential definitions of social innovation: an outcome-based one and a process-based one. In section 2 we develop the outcome definition and its main features whereas section 3 focuses on social innovation as a multi-stakeholder process.

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Keywords

Social innovation, social mission, social value creation.

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