Social Innovation
The social innovation in a business sector is mostly connected with diverse disciplines within the society. The needs in areas as diverse as childhood education, lean technology, and financial services for the poor.
• Exchange of ideas and values
• Shift in roles and relationships
• Integration of private capital with public and philanthropic support
A social innovation is a novel solution to a social problem that is more effective, efficient, sustainable, or just than current solutions. The value created accrues primarily to society rather than to private individuals.
• a novel solution to a social problem
• more effective, efficient, sustainable
• or just current solutions
• primarily to society rather than to private individuals