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

Yanto CHANDRA, Liang SHANG, Johanna MAIR

Research output: Journal PublicationsJournal Article (refereed)peer-review

1 Citation (Scopus)

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.
Original languageEnglish
Article numbere00257
JournalJournal of Business Venturing Insights
Volume16
Early online date18 Jun 2021
DOIs
Publication statusE-pub ahead of print - 18 Jun 2021

Bibliographical note

Funding Information:
This work was supported by a research grant from the SIEFUND (Social Innovation and Entrepreneurship Fund) , a unit of the Hong Kong government that promotes social innovation and entrepreneurship, from 2017 to 2020.

Publisher Copyright:
© 2021 Elsevier Inc.

Keywords

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

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