Innovation, social innovation

We define social innovation as the development of new ideas, services, products and processes to better tackle social challenges. Innovation in our sense always includes an ecological and social dimension. The claim to novelty and market success of innovations is based on measurable impact for social and ecological challenges. Examples of social innovations include citizen participation, urban gardening, repair cafés, Wikipedia, microcredits and the unconditional basic income.

Source: Impact Hub Tirol, 2024
https://www.tirol.impacthub.net/glossar

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