Connecting corporations and communities: Towards a theory of social inclusive open innovation



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https://www.mdpi.com/2199-8531/3/3/17
ISSN: 
10.1186/s40852-017-0062-3
Provider: 
Licensing of resource: 
Creative Commons Attribution (CC BY)
Type: 
journal article
Journal: 
Journal of Open innovation: Technology, Market and Complexity
Number: 
17
Volume: 
3(3)
Author(s): 
Gupta A.
Dey A.
Singh G.
Publisher(s): 
Description: 

In this paper, is described the market and social forces which influence the emergence of social innovations through various processes. The authors then look into the evolutionary pathways for social innovations , to avoid inertia and spur initiatives to bridge the social gap in an inclusive manner through mobilization of youth in particular. The ecosystem for social open innovations provides scope for connecting corporations
and communities. Following the theory of reciprocal and responsible open innovation systems, we explore the way barriers are overcome on the way to reach the base of economic pyramid [BOEP] customer. Technological adaptability and institutional or market adaptability are explored to understand how communities get empowered to deal with corporations through an open innovation platform. The corporations need to be empowered to understand the decision heuristics followed by grassroots and community frugal innovators. Just as communities need to be empowered to negotiate fair and just exchange relationship with corporations

Publication year: 
2017