This essay explores potential research opportunities at the intersection of institutions, innovation, and impact. We engage with, and probe into, what we have dubbed the ‘cultural future’ by examining several examples described in the 2017 “Future Issue” of the Fortune magazine. Our...

The Austrian school of economics has played a key contribution toward an improved understanding of the characteristics of economic innovation. Over recent decades the language and concepts of innovation theory has broadened to non-market settings, among other things giving rise to a voluminous...

We develop a new model of social innovation (SI) inspired by the multi-channel interactive learning model of business innovation. As opposed to the linear models of innovation, this model does not identify 'stages' of business innovation. Rather, it stresses that innovation is an interactive...

Social innovation enriches cities and drives their development by enabling improvements to products, services, processes, and methods. In this article, we define the concept of social innovation and explain which factors are essential to the social innovation process. We also examine the stages...

This paper describes a Hungarian social microcredit programme, called Kiútprogram and discusses the major lessons drawn from its operation. It was launched some 10 years ago as an adaptation of the Grameen model to the Hungarian circumstances to decrease the level of prejudice and...

We examined how social enterprises are innovative in their organization, in order to pursue their mission and remain sustainable in the long-term. With the objective to investigate the innovation in social entrepreneurship, in the component organization, it was developed research of social...

Whilst a global transition towards sustainability appears to be a pressing challenge, several surveys have shown that sustainable principles and values seem to emerge on a global scale. Various social movements have laid claim to such a transition. An example of these movements is the No TAV...

This article focuses on the hybridity of social enterprises, organizations that strive to create social and economic value simultaneously. It analyses how social entrepreneurs and local government deal with the hybridity resulting from mixing these two opposing values and what it means for...

The last few years have marked many theoretical and practical contributions to the field of social innovation and social enterprise. However, most of these contributions lack analysis linking these subjects. This editorial article, written for the JEOD special issue Social innovation in social...

Goal-oriented transformative change processes - that is, system-transforming processes that are guided by the ambition to resolve current or expected future societal challenges of various kinds - can only start once possible goals are considered by key stakeholders and the relevant actors are...