from Part III - Implementation
Published online by Cambridge University Press: 17 August 2023
Whereas business innovation is related to commercialization, market demands, and profitability, social innovation addresses fulfilling social needs and meeting public demands. Social innovation depends more on government support and satisfying interest groups than on investors. Social problems are ‘wicked problems’ because they are tremendously complex, have multiple causes, and are interconnected to other problems. Collaborations are therefore needed for solving the world’s biggest challenges such as global warming; supplies of energy, water, and food; aging societies; public health; pandemics; and security. Achieving social innovations requires the combined contributions of the public sector, businesses, and citizens. It depends on adaptive intelligence in which people have novel and compelling ideas (creative intelligence), can ensure that these ideas are logically sound and coherent (analytical intelligence), can put these ideas into practice (practical intelligence), and can apply them for the common good (wisdom). Another source of intelligence is artificial intelligence that should be directed toward grand challenges that span health, wealth, and wisdom.
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.