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Creating Economic Space for Social Innovation (Hardcover)
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Creating Economic Space for Social Innovation (Hardcover)
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This book draws upon economic and sociological theory to provide a
comprehensive discussion of economic space for social innovation,
addressing especially marginalized groups and the long-term
projects, programmes, and policies that have emerged and evolved
within and across European states. It approaches the explanatory
and normative questions raised by this topic via a novel approach:
the Extended Social Grid Model (ESGM). Taking inspiration from the
fields of economic sociology and ethics, this model shows that
social innovation processes must be structural, and require change
in power relations, if marginalization is to be effectively dealt
with via social innovation. Part I of the book sets out the ESGM,
including an exposition on the model along with background chapters
on innovation, power and marginalization, ethics and social
innovation, and empirical methods. Part II explores the model with
a focus on social innovation trajectories of social housing,
drinking water provision, employment, education, and food
provision. It also explores the operationalization of the model
with a view to agency and empowerment, as well as social innovation
policy in Europe and the use of social impact bonds as a tool for
financing social innovation. Part III revisits the ESGM and
considers the explanatory adequacy and fruitfulness of the model
for innovation research and for theorizing social innovation,
addressing questions on the role and limitations of participation
in social innovation for the marginalized, the role of capital for
creating economic space for capabilities, and how we can approach
the social impact of social innovation. This collection of essays
presents a diverse range of perspectives on understanding and
addressing the key issue of marginalization, and offers key
recommendations for policy makers engaging with social innovation
across the European Union and beyond.
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