Review article
https://doi.org/10.3935/rsp.v27i3.1719
Social Innovation as an Important Element of European Development Strategies
Sanja Franc
orcid.org/0000-0001-8787-4429
; The Faculty of Economics & Business, University of Zagreb, Zagreb, Croatia
Antea Barišić
; The Faculty of Economics & Business, University of Zagreb, Zagreb, Croatia
Petra Palić
orcid.org/0000-0001-5181-6657
; Department of Sociology, Croatian Catholic University, Zagreb, Croatia
Abstract
EU member states are undergoing the process of economic and demographic transformation with significant influence on society and economy. In order to respond to the existing and future challenges, it is necessary to adapt development strategies and policies, as well as to focus on concepts such as innovation, social change, equality and sustainable development. In the new development strategy, EU will focus on creating a society that will function as a competitive, secure and energy-efficient system. Scientists, economic policy makers, nongovernmental organisations and entrepreneurs are showing an increasing interest in the field of social innovation, striving to address a series of contemporary challenges. The aim of this paper is to study the role and ways of fostering social innovations in the European Union. The contribution of this paper is reflected in the systematic review of the importance of social innovation and the measures used to foster them, while pointing out the existing obstacles and needs and recommendations for further development of social innovation in the context of global challenges that the EU is facing. The results of the research indicate the growing importance of social innovation in modern EU policies that actively promote the quintuple helix approach, recognizing sustainable development and innovation as key development priorities during the Fourth Industrial Revolution. Recommendations for further development of social innovation in
the EU include the need to coordinate various EU instruments in this area, encourage investment in innovative education, training and employment programs in this area, increase awareness of social innovation, encourage networking and dissemination of information and create an enabling environment for their development. Also, the paper highlights the shortcomings in the field of measuring social innovation, as well as the need to address this challenge, in order to improve the understanding of their role, but also a more efficient allocation of incentives to them.
Keywords
social innovation; European Union; strategic framework; development strategies
Hrčak ID:
248767
URI
Publication date:
21.12.2020.
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