Drivers of success in social innovation : Insights into competition in open social innovation contests

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

21 Scopus Citations
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Detail(s)

Original languageEnglish
Article numbere00257
Journal / PublicationJournal of Business Venturing Insights
Volume16
Online published18 Jun 2021
Publication statusPublished - Nov 2021
Externally publishedYes

Abstract

Social innovation is a fast-growing field of practice that has caught the attention of management and entrepreneurship scholars. The recent excitement surrounding “open social innovation” contests raises the question of what makes social innovation solutions successful contenders in these ubiquitous contests. We used uniquely assembled data, including data generated from external evaluators, to explore what determines success in an open social innovation contest (n = 150 out of 871 entries) in the field of poverty alleviation. We found that innovators who had networks with corporations and those who had commercial orientations were more likely to succeed in open social innovation contests. We also discovered that the perceived usefulness and innovativeness of social innovation solutions mediated these positive relationships. Our study offers early insights that deepen our understanding of success in the growing practice of open social innovation. © 2021 Elsevier Inc.

Research Area(s)

  • Competition, Contest, Open social innovation, Social innovation, Solution