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Authors
Advisor(s)
Abstract(s)
This chapter provides a summarized and objective review over the relationships among innovation, social
innovation, entrepreneurship, social entrepreneurship, new business models (NBM), and product (good,
service, idea) value and sustainability (economic, social, ecological, and psychological). A study has been
done in Porto region through interviews with 13 social innovators and entrepreneurs, in order to evaluate
those relationships. The conceptual base for analysis is the theories developed by Jonker (2012) and
Carvalho & Jonker (2015). It has been concluded that market-oriented social innovation has a crucial role
in the development social entrepreneurship. Moreover, these NBM should be adjusted to population needs
towards societal well-being, by combining creation of shared value, co-creation of value, and multiple
value creation. Thus, the value set (social innovation) contributes to economic, social, ecological, and
psychological sustainability, and consequently to human, social and territorial development.
Description
Keywords
Innovation Social innovarion Entrepreneurship Social entrepreneurship New business models Value proposition Sustainability Regional development Multiple value creation Psychological sustainability
Citation
Carvalho, J. M. S. (2016). Social Innovation and Entrepreneurship: The Case of Porto Region. In L. C. Cagica (ed.), Handbook of Research on Entrepreneurial Success and its Impact on Regional Development, 2 volumes (pp. 542-576). Hershey, USA, IGI Global.
Publisher
IGI Global