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SOCIAL INNOVATION AS THE PATHWAY<br />

FOR SUSTAINABLE DEVELOPMENT<br />

Marius BRAZDAUSKAS, Lina ŽIRNELĖ<br />

Vilniaus Kolegija / University of Applied Sciences,<br />

Faculty of Business Management, Vilnius, Lithuania.<br />

Erika MATULIONYTĖ - JARAŠŪNĖ<br />

Mykolas Romeris University, Kaunas, Lithuania.<br />

Abstract<br />

Currently the concept of social innovation is making its way into the international academic and political<br />

discourse since social innovations have a capacity to combine societal and environmental goals with an<br />

entrepreneurial spirit. Indeed, many socially conscious entrepreneurs have developed and applied in practice<br />

innovative and creative business models to address social and environmental problems previously overlooked<br />

by governmental, NGOs or business organizations. In this respect, social innovation is a promising tool and<br />

approach towards sustainable development needs and priorities.<br />

The objective of this paper is to analyze the concept of social innovation within the context of sustainable<br />

development discourse by synthetizing the established and emerging definitions of social innovation. The<br />

literature review indicates that social innovation may have many definitions since it is interrelated with many<br />

other concepts like social entrepreneurship, sustainability, social welfare, etc. In this line, this paper seeks to<br />

contribute to the current understanding of a social innovation and provide a comprehensive overview of the<br />

existing literature by synthesizing existing conceptual studies on social innovation and its co-related concepts.<br />

Keywords: social innovation, sustainable development, sustainability, social entrepreneurship.<br />

Introduction<br />

The concept of social innovation is gaining particular attention from politicians, academics,<br />

business executives, and the general society. Indeed, social innovation is a promising tool to<br />

address social challenges and to respond to pressing social / environmental needs.<br />

Advancers of social innovations are awarded numerous awards, including the Nobel Peace<br />

Prize for Muhammad Yunus who developed a microcredit / microfinance system in<br />

Bangladesh. Indeed, many socially conscious entrepreneurs have developed and applied in<br />

practice innovative and creative business models to address social and environmental<br />

problems previously overlooked by governmental, NGOs or business organizations. In this<br />

respect, social innovation is a promising tool and approach towards sustainable<br />

development needs and priorities.<br />

However, it could be noted that the field of social innovation has emerged primarily as a<br />

field of particular practice (Mulgan, 2012). Mostly, social innovators firstly tried to address<br />

the pressing needs and demands, and only afterwards they reflected on their successful<br />

outcomes. In this respect, social innovation is a highly complex concept since its definition is<br />

a wok-in-progress and it highly depends on the turns and success stories in practice.<br />

Due to the aforementioned realities, the concept of social innovation undergoes<br />

terminological profusion, confusion, and conceptual vagueness. Many researchers and<br />

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