Connecting Corporations and Communities

By • on November 22, 2017

The Journal Of Open Innovation website posted a research paper which described the market and social forces which influence the emergence of social innovations through various processes. The ecosystem for social open innovations provides scope for connecting corporations and communities. Technological adaptability and institutional or market adaptability are explored to understand how communities get empowered to deal with corporations through an open innovation platform. The corporations need to be empowered to understand the decision heuristics followed by grassroots and community frugal innovators, just as communities need to be empowered to negotiate fair and just exchange relationship with corporations.

Click here to read the full article.

Image via Flickr.

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