Social Innovations Development Modelling

Evgeny Popov, Jol Stoffers, Zhoomart Omonov*, Anna Veretennikova

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Formation of institutional conditions for development of social innovation represents a relevant, indemand research topic in global and domestic economic practices. However, from a theoretical viewpoint, its principles remain nascent, so this study identifies mechanisms of social innovation through simulation of developmental trends. An original interpretation of social innovation is refined, combined with a list of exogenous and endogenous factors that influence socio-innovative development. Exogenous factors include public administration, socioeconomic conditions, development of human capital, innovation infrastructure, and informal institutional environments, and endogenous factors include those that characterize processes of social innovation and those influencing the process of securing resources. Data came from the Federal State Statistics Service, and results from empirical research. A questionnaire was developed that included closed questions regarding social innovators’ developmental intentions. Trends concerning advancement of social innovation
were derived directly from means of multiple regression analysis, for which linear models with two or three independent variables were constructed. The authors obtained endogenous and exogenous linear models with two or three independent variables that demonstrate whether developmental features of national and regional economies influence results of social innovation activities, and effects of types of social and innovative projects on regional expansion indicators. Theoretical contributions rest in extension of the theory of innovation in relation to the public, and creation of a methodological platform for further analysis, and practical significance lies in the possibility for use by public administrators in realizing effective policies by overcoming barriers and
encouraging favorable conditions for socially innovative development.
Original languageEnglish
Pages (from-to)365-381
Number of pages17
JournalInternational Journal of Economic Research
Volume14
Issue number14
Publication statusPublished - 2017
Externally publishedYes

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