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Social Innovation as Driver of Regional Competitiveness: A Conceptual Framework

Social Innovation as Driver of Regional Competitiveness: A Conceptual Framework
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Author(s): Ayla Esen (Istanbul Kemerburgaz University, Turkey), Ozen Asik-Dizdar (Fairleigh Dickinson University, Canada) and Ceyda Maden (Istanbul Kemerburgaz University, Turkey)
Copyright: 2015
Pages: 14
Source title: Handbook of Research on Global Competitive Advantage through Innovation and Entrepreneurship
Source Author(s)/Editor(s): Luís M. Carmo Farinha (Polytechnic Institute of Castelo Branco & NECE – Research Unit, Portugal), João J. M. Ferreira (University of Beira Interior & NECE – Research Unit, Portugal), Helen Lawton Smith (Birkbeck, University of London & Oxfordshire Economic Observatory, Oxford University, UK) and Sharmistha Bagchi-Sen (State University of New York – Buffalo, Buffalo, NY, USA)
DOI: 10.4018/978-1-4666-8348-8.ch008

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Abstract

This chapter focuses on the issue of regional competitiveness from a social innovation standpoint. It argues that social innovation plays an important role in enhancing the competitiveness of regions, since social innovation initiatives constitute an ideal context for partnerships between business organizations and Non-Governmental Organizations (NGOs) to utilize local capabilities and create value. The region will ultimately be able to offer a balanced standard of living and will remain competitive by providing for the well-being of the communities and society at large.

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