Challenge-based research focuses on addressing societal and environmental problems. One way of doing so is by transforming existing businesses to profitable ventures through co-creation and co-evolution. Drawing on the resource-based view, this book discusses how social challenges can be linked with the industrial value-chain through collaborative research, knowledge sharing, and transfer of technology to deliver value.
The work is divided into three sections: Part 1 discusses social challenges, triple bottom line, and entrepreneurship as drivers for research, learning, and innovation while Part 2 links challenge-based research to social and industrial development in emerging markets. The final section considers research-based innovation and the role of technology, with the final chapter bridging concepts and practices to shape the future of society and industry. The authors present the RISE paradigm, which integrates people (society), planet (sustainability), and profit (industry and business) as critical constructs for socio-economic and regional development.
Arguing that the converging of society and industry is essential for the business ecosystem to stay competitive in the marketplace, this book analyzes possible approaches to linking challenge-based research with social and industrial innovations in the context of sectoral challenges like food production, housing, energy, biotechnology, and sustainability. It will serve as a valuable resource to researchers interested in topics such as social challenges, innovation, technology, sustainability, and society-industry linkage.
Author(s): Arturo Molina, Rajagopal
Series: Palgrave Studies of Entrepreneurship and Social Challenges in Developing Economies
Publisher: Palgrave Macmillan
Year: 2023
Language: English
Pages: 232
City: Cham
Preface
Acknowledgements
Contents
About the Authors
List of Figures
Part I Social Perspectives
1 Social Challenges in Developing Economies: Converging Research and Industrial Needs
Social Challenges
The RISE Paradigm
Systems Thinking in Social Entrepreneurship and Innovation
Social Institutions and Markets
Innovation and Technology
Business Modeling in Economic Turbulence
Public Policies and Governance
2 People, Planet, and Profit: Crossing the Triple Bottom Line
Putting the People First
Reverse Accountability
Sustainable Business Modeling
Managing Eco-Innovation
3 Sensitizing Entrepreneurship: Managing Growth Touchpoints
Market-Oriented Entrepreneurship
Resources Management
Innovation Management
Commercializing Innovations
Part II Challenge Based Research
4 A Challenge-Based University: Learning, Research, Innovation, and Entrepreneurship
The C3 Model
Fundamental Definition of Challenge-Based Learning, Research, Innovation, and Entrepreneurship
Challenge-Based Learning: Education 4.0
Challenge-Based Research
Challenge-Based Innovation: Social-Ecological, Industry and Government
Challenge-Based Social-Ecological Innovation
Challenge-Based Innovation in Industry
Challenge-Based Innovation in Government
References
5 Linking Research and Business: Raising Social Well-Being
The Use of C3 Model
Building Solutions for People's Needs Using Program Logic Models
Program Logic Models
A Reference Model for Challenge-Based Research and Innovation: Social and Ecological Initiatives
Program Logic Models for Industry Innovation: Marketing, Process, Product, and Organization
References
6 Research, Technology, and Institutions: Fostering Role, Relationship, and Responsiveness
A New Model from Ideas to Business and Society Development
Knowledge Creation
Innovation, Creation, and Development of Technology
Technology Transfer—Technology Commercialization
Business and Society Development
Innovation Hub
Innovation District @Monterrey
Innovation Hub Tec-China
Key Performance Indicators
References
7 Research-Based Innovation: Economics, Transferability, and Consumerism
Technology, Entrepreneurship, and Economics
Collaborative Designing of New Products
Analytical Attributes Technique
Challenge-Based Innovation
Sustainable Innovations
Part III Design, Development, and Diffusion
8 Technology Thrust: Design, Development, and Diffusion
Stages of Technology Development
Social Technology
Social Adoption of Technology
Growth of Social Technology
Drivers of Technology and Social Consumption
Social Entrepreneurship
9 Social Innovation and Technology: The Road Ahead
Social Entrepreneurship and Business Modeling
Diffusion and Adaption
Challenge-Based Innovation
Business Modeling in Economic Turbulence
Index
