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How social start-ups avoid being falling stars when developing social innovation

Articolo
Data di Pubblicazione:
2021
Abstract:
The aim of this study is to provide new insights into the social innovation (SI) development process in the context of social start-ups. A multiple case study identifies the issues and mechanisms for social start-ups to develop a social need into a potentially scalable innovation and to validate and scale it up, while avoiding a possible failure. Results show that key challenges faced by social start-ups can be characterized according to the stage of the SI development path. Firstly, social start-ups' failure can be caused by the lack of expertise in social problems and of flexible processes for social ventures creation; secondly, by the lack of awareness of SI benefits and proper resources allocation; and, finally, by a weak understanding of the impact and intangible outcomes of the developed SI in society, while ensuring its economic sustainability. Successfully overcoming these challenges requires social start-ups to put in place the following mechanisms: (1) leveraging a vision and motivations that balance tensions in terms of the radical, economic and cultural aspects of SI; (2) engaging the SI stakeholders in different (and sequential) phases of SI development process; and (3) identifying and adopting the most suitable technological, financial and communication tools in an integrated way.
Tipologia CRIS:
01.01 Articolo in rivista
Keywords:
case study; process; social innovation; start-up; success
Elenco autori:
Pessot, Elena
Link alla scheda completa:
https://iris.cnr.it/handle/20.500.14243/399661
Pubblicato in:
CREATIVITY AND INNOVATION MANAGEMENT
Journal
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URL

http://www.scopus.com/record/display.url?eid=2-s2.0-85103028834&origin=inward
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