Emerging social economy and innovation

This emerging social economy is described in terms of combining characteristics that are very different from economies based on the production and consumption of raw materials. Its key features include:

Much of this economy is formed around distribution systems, rather than centralized structures. It manages a complexity not measured by central standardization and simplification, but through the complex distribution of margins considering local agents, production plant workers and even consumers, in this way the role that consumers play changes from a passive to an active role in their own right and retail purchases that have been issued as the end point of the mass production process are redefined as part of a circular process of domestic production and reproduction, creating a multiplicity of consumer niches.

This shift is what has led to the lively innovation around personalization; a new world rich in information and feedback.

Social innovation is distinctive both in its results and in its relationships, in the new forms of cooperation and collaboration it brings. Organizations, companies, cooperatives, etc., show a field that is grappling with how to escape the same organizational limitations in order to make open and social innovation by involving users in their processes, publishing ideas, and receiving responses from anyone; At the same time, coalitions and networks between these organizations become key elements in achieving successful changes, encouraging increasing interest in how innovation can be better supported, orchestrated and leveraged to accelerate the invention and adoption of better solutions.

Social Innovation from cultural production

For developing countries, the export of their cultural goods and services is an excellent way to generate employment and foreign exchange. Strengthening identity by enriching itself in the confrontation with other cultures, it is in the exchange and evidence of diversity where social innovation reaches its true meaning. These exchanges, both internally and to external stakeholders, increase plurality and have a measurable effect on cultural, environmental and social capital. In this transdisciplinarity of knowledge, projects are designed within a universe of meaning in which the disciplines are fields in dialogue and inclusion of other actions with new purposes. Therefore, social innovation actions go beyond the monetization of social impact, in financial terms, since in some way it is expected that meaning will be transformed in the future. Although visions, perceptive conventions, as well as obsolete organizational schemes persist, innovative solutions to urgent global challenges also emerge (Suárez, 2019).[9]​.

Emerging social economy and innovation

This emerging social economy is described in terms of combining characteristics that are very different from economies based on the production and consumption of raw materials. Its key features include:

Much of this economy is formed around distribution systems, rather than centralized structures. It manages a complexity not measured by central standardization and simplification, but through the complex distribution of margins considering local agents, production plant workers and even consumers, in this way the role that consumers play changes from a passive to an active role in their own right and retail purchases that have been issued as the end point of the mass production process are redefined as part of a circular process of domestic production and reproduction, creating a multiplicity of consumer niches.

This shift is what has led to the lively innovation around personalization; a new world rich in information and feedback.

Social innovation is distinctive both in its results and in its relationships, in the new forms of cooperation and collaboration it brings. Organizations, companies, cooperatives, etc., show a field that is grappling with how to escape the same organizational limitations in order to make open and social innovation by involving users in their processes, publishing ideas, and receiving responses from anyone; At the same time, coalitions and networks between these organizations become key elements in achieving successful changes, encouraging increasing interest in how innovation can be better supported, orchestrated and leveraged to accelerate the invention and adoption of better solutions.

Social Innovation from cultural production

For developing countries, the export of their cultural goods and services is an excellent way to generate employment and foreign exchange. Strengthening identity by enriching itself in the confrontation with other cultures, it is in the exchange and evidence of diversity where social innovation reaches its true meaning. These exchanges, both internally and to external stakeholders, increase plurality and have a measurable effect on cultural, environmental and social capital. In this transdisciplinarity of knowledge, projects are designed within a universe of meaning in which the disciplines are fields in dialogue and inclusion of other actions with new purposes. Therefore, social innovation actions go beyond the monetization of social impact, in financial terms, since in some way it is expected that meaning will be transformed in the future. Although visions, perceptive conventions, as well as obsolete organizational schemes persist, innovative solutions to urgent global challenges also emerge (Suárez, 2019).[9]​.