Open Enterprises and Social Enterprises: Introducing the 123Go! Process

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNConference contribution with ISSN or ISBNResearch

Abstract

This paper explores the characteristics of a distinctive modality for facilitating innovation, Open Innovation, and suggests why and how it can be especially useful for Social Enterprises. The paper begins with a definition of innovation, suggesting that it is a process that transforms opportunities into outputs that can add social, environmental or economic value. The modality of Open Innovation is introduced as, over the past 20 years, it has become increasingly important for organisations to find new and better ways to use external resources, thereby enriching their innovation processes. The paper proposes that there are, in practice, two modalities of Open Innovation, one research and development (R&D) orientated and the other applicable to an organisation as a whole. The second modality, Organisational Open Innovation (OOI) is particularly relevant to Social Enterprises and a four-step approach (123Go!) for facilitating OOI in Social Enterprises is described. 123Go! advocates that OOI should be seen as an instrument for managing innovation to achieve defined ambitions or significant need-areas. The paper concludes by pointing out that Social Enterprise are frequently short of resources but have much goodwill, thereby enabling them to access external sources of help more readily than commercial enterprises. For this reason, OOI is particularly useful for Social Enterprises.
Original languageEnglish
Title of host publicationProceedings: Social Enterprise and Open Innovation Conference
Subtitle of host publicationExploring a World of Opportunity
Pages1-10
Number of pages10
Publication statusPublished - 17 Jan 2019
EventSocial Enterprise and Open Innovation Conference: Exploring a World of Opportunity - Royal Library of Belgium, Boulevard de l’Empereur 4, Bruxelles, Belgium
Duration: 17 Jan 201917 Jan 2019

Conference

ConferenceSocial Enterprise and Open Innovation Conference: Exploring a World of Opportunity
CountryBelgium
CityBruxelles
Period17/01/1917/01/19

Fingerprint

Social enterprise
Open innovation
Resources
Innovation
Managing innovation
Goodwill
Economic value
Social values
Environmental values
Innovation process

Keywords

  • nnovation modalities
  • Open Innovation
  • social enterprise
  • 123G0!

Cite this

Francis, D. (2019). Open Enterprises and Social Enterprises: Introducing the 123Go! Process. In Proceedings: Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity (pp. 1-10)
Francis, David. / Open Enterprises and Social Enterprises : Introducing the 123Go! Process. Proceedings: Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity. 2019. pp. 1-10
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Francis, D 2019, Open Enterprises and Social Enterprises: Introducing the 123Go! Process. in Proceedings: Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity. pp. 1-10, Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity, Bruxelles, Belgium, 17/01/19.

Open Enterprises and Social Enterprises : Introducing the 123Go! Process. / Francis, David.

Proceedings: Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity. 2019. p. 1-10.

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNConference contribution with ISSN or ISBNResearch

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Francis D. Open Enterprises and Social Enterprises: Introducing the 123Go! Process. In Proceedings: Social Enterprise and Open Innovation Conference: Exploring a World of Opportunity. 2019. p. 1-10