Is the development of social innovation, social enterprise and social entrepreneurship a response to market failures? Are these an alternative to public intervention? These were some of the questions that were discussed during our Friday session. We examined four projects: OneWorld Health, Benetech, Project Impact and Waste Concern. All of these are global programs that were started by an entrepreneur and involve the redesign of current market products and pricing to achieve social impact. Identifying the key elements of social innovation/enterprise helps build a model for replication.
Why do these projects always focus on the leader, not the process? Can't innovation occur within organizations and be part of intrapreneurship or an organizational transformation? Why do we ignore the failures of innovative projects and only focus on the successes? Obviously there are more questions that answers.
Perhaps our biggest challenge is how to encourage innovation thinking and permission to try new ideas. As Chip Heath, author of Switch says " look for the bright spots."
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