- published: 27 Feb 2012
- views: 17059
Social innovations are new strategies, concepts, ideas and organizations that meet the social needs of different elements which can be from working conditions and education to community development and health — they extend and strengthen civil society. Social innovation includes the social processes of innovation, such as open source methods and techniques and also the innovations which have a social purpose — like online volunteering, microcredit, or distance learning.
Prominent innovators associated with the term include Pakistani Akhter Hameed Khan, Bangladeshi Muhammad Yunus, the founder of Grameen Bank which pioneered the concept of microcredit for supporting innovators in multiple developing countries in Asia, Africa and Latin America, and also inspired programs such as the Infolady Social Entrepreneurship Programme of Dnet (A Social Enterprise) and Stephen Goldsmith, former Indianapolis mayor who engaged the private sector in providing many city services.