Business model (BM) literature has developed considerably; however, most research takes place in large for-profit organizations in western settings, rather than small–medium enterprises with social goals. This is surprising given the drive for social innovation (SI) and alternative modes of organizing. Models for managing innovation are typically agnostic about sources of social, ecological, and cultural values; yet our in-depth qualitative research demonstrates that, for SMEs practicing SI in Vietnam, these values are as inherent as economic value. As a result, a new social BM emerged and was evaluated. This paper: (i) defines a Business model for SI for sustaining the long-term growth of SI; (ii) provides a Strategic framework for SI for SMEs, to ensure that the strategy of SMEs takes into consideration the positive impact SIs can have on society; and (iii) defines mechanisms to create and capture economic, social, cultural, and ecological values.
Speaker bio:
Prof. Christophe Schinckus is the Director of the School of Business at the University of the Fraser Valley, Canada. He is also an Honorary Professor at the University of Leicester (UK). He holds undergraduate degrees in Engineering and Management, and Computer Science; master’s degrees in Engineering and Management; Financial Risk Management; Philosophy of Science; and Economic Epistemology. He finished his first PhD in Economics in 2009 from the University of Paris I – Pantheon Sorbonne (France) and his second PhD in the Philosophy of Science from the University of Cambridge (UK). Chris has taught at several universities around the world such as the University of Quebec at Montreal, LSE, and University of Leicester in the United Kingdom, and in Australia, Vietnam, and Malaysia. He is a Certified Expert in Digital Finance (CEDF) from the Frankfurt School of Finance & Management and is a Senior Fellow of the British Higher Education Academy (SFHEA).
Tues, Nov 30
11:30 am-12:30 pm
Online
https://ufv-ca.zoom.us/webinar/register/WN_JIfuBhSsQy20cA3WFFj_wQ
For more information, contact Leona Oakman at leona.oakman@ufv.ca
11/30/2021