Towards a New Definition of Social Innovation

Abstract

This chapter focuses on social innovation, a topic that the literature has been increasingly discussing in the last decade. The authors revise the many available (and, to some extent, too general) definitions as well as identify the main features that have been claimed as relevant for social innovation (e.g. Mumford, 2002), which concur in providing its definition. By doing so, they pursue the assessment of a less fuzzy definition of social innovation and make a first attempt to focus on the role that companies play in developing as well as scaling social innovations. The adopted approach exploits the literature review and is based on an in-depth analysis of the definitions of social innovation: the authors collected and catalogued them, so identifying the main dimensions of analysis. Clarifying what social innovation is and the role that companies play in social innovation initiatives can increase companies' awareness of what they (can) do with respect to social innovation, possibly taking advantage of this in terms of business objectives.