Social Innovation Examples
Products, services, business models, and technology combined to deliver sustainable social impact
Innovation + Social Impact
Social innovation requires the combination of technical innovation (in products, services, or business models) and social impact (on customers, market-making, community)
Social innovation has to have:
1. Sustainable products and business models
2. Measurable and net-positive social impact
Check the cases of IKEA, Elementos Argentinos, and TOMS as examples of social innovation. The cases of Uber and Airbnb exemplify the risks of unintended negative social impact.