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Social Innovation, as defined by the Stanford Graduate School of Business, is: "A social innovation is a novel solution to a social problem that is more effective, efficient, sustainable, or just, than present solutions and for which the value created accrues primarily to society as a whole rather than private individuals.".[1]Social innovation is commonly defined as new ideas (products, services and models) that simultaneously meet social needs and create new social relationships or collaborations (Grisolia and Ferragina 2015).

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  • Social Innovation, as defined by the Stanford Graduate School of Business, is: "A social innovation is a novel solution to a social problem that is more effective, efficient, sustainable, or just, than present solutions and for which the value created accrues primarily to society as a whole rather than private individuals.".[1]Social innovation is commonly defined as new ideas (products, services and models) that simultaneously meet social needs and create new social relationships or collaborations (Grisolia and Ferragina 2015).
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