Corporate Social Innovation: New Integration of Social Responsibility and Innovation

DOI

10.2991/aebmr.k.200908.041How to use a DOI?

Keywords

corporate social innovation, social issues, influencing factors, corporate social innovation process

Abstract

With the rapid development of economy, social problems are becoming more and more complicated. With a better integration of corporate social responsibility and innovation, corporate social innovation has become a new paradigm for contemporary corporate innovation. Corporate social innovation is oriented towards solving social problems, bringing more business and social value to enterprises, and then providing an innovative process of innovative solutions. At present, many factors could affect corporate social innovation; the mechanism of the process link is still in the fuzzy stage. Based on this, this paper draws on the “Diamond Model” of corporate social innovation with reference to the “Porter Diamond Model”, combing the six major influencing factors of individual factors, corporate characteristics, technological development, stakeholders, opportunities, and market policies, and further reveals interaction between influencing factors of corporate social innovation. Facing the complicated process of corporate social innovation, this article also proposes an interaction model of corporate social innovation process, which systematically summarizes the process of corporate social innovation and network relationships. Meanwhile, it points out that each stage of corporate social innovation is not linear, but multiple concurrent processes. Studying the influencing factors of corporate social innovation and the mechanism of process interaction will help companies implement corporate social innovation and solve social problems. It also has significance to the further research on the theory of corporate social innovation.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wenqing Shan
AU  - Limin Ling
PY  - 2020
DA  - 2020/09/08
TI  - Corporate Social Innovation: New Integration of Social Responsibility and Innovation
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 254
EP  - 261
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.041
DO  - 10.2991/aebmr.k.200908.041
ID  - Shan2020
ER  -