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Innovative Transformation and Transformational Potential of Socio-Economic Systems

Innovative Transformation and Transformational Potential of Socio-Economic Systems
Author: Mihail Dudin
Publisher:
Total Pages: 4
Release: 2015
Genre:
ISBN:

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The article reveals the specific character of the study and management of innovation of transformation and transformational potential of socio-economic systems in contemporary conditions, which are characterized by the presence of turbulent changes that cause necessity to find new forms, methods and ways to ensure the sustainable development of these systems and their balanced socio-economic growth. The ability of the socio-economic system towards sustainable development is defined by a set of parameters, factors and conditions, though the most important characteristic of the system is the availability of its transformational potential, which in a formalized form is a set of local indicators that are considered integrally.


The Economics of Social Innovation

The Economics of Social Innovation
Author: Judith Terstriep
Publisher: Routledge
Total Pages: 243
Release: 2022-06-23
Genre: Architecture
ISBN: 1000607909

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This book addresses ‘the economics of social innovation’, a widely neglected topic in regional development. The chapters in this edited volume cover distinct but complementary and related aspects concerning the existing gap between the hitherto unexploited potential of social innovation in relation to socio-economic challenges that regions across Europe and globally face. Research on social innovation has gained momentum over the last decade, spurred notably by the growing interest in social issues related to policy making, public management and entrepreneurship in response to the grand challenges societies in Europe and worldwide face. Accelerated by the normative turn in research and innovation policies towards ‘missions’, social innovation is nowadays a central element on policy agendas, from the urban and regional level to the national and subnational level of the European Commission and the OECD. However, for social innovations to unfold their full potential a better understanding of underlying mechanisms, processes and impacts is necessary. The first three chapters focus on framework conditions and characteristics of social innovation. The following two chapters emphasise the determinants of social innovation and translocal empowerment. In the last part, attention is devoted to social innovation in specific fields such as health care and greening society, and social innovations’ transformative potential. The chapters in this book were originally published as a special issue of the journal, European Planning Studies.


Social Innovation in the Service of Social and Ecological Transformation

Social Innovation in the Service of Social and Ecological Transformation
Author: Olivier De Schutter
Publisher: Routledge
Total Pages: 110
Release: 2021-10-14
Genre: Business & Economics
ISBN: 1000513912

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This book explores how the State can play a role as an enabler of citizens-led social innovations, to accelerate the shift to sustainable and socially just lifestyles. To meet the twin challenges of environmental degradation and the rise of inequalities, societal transformation is urgent. Most theories of social change focus either on the role of the State, on the magic of the market, or on the power of technological innovation. This book explores instead how local communities, given the freedom to experiment, can design solutions that can have a transformative impact. Change cannot rely only on central ordering by government, nor on corporations suddenly acting as responsible citizens. Societal transformation, at the speed and scope required, also should be based on the reconstitution of social capital, and on new forms of democracy emerging from collective action at the local level. The State matters of course, for the provision of both public services and of social protection, and to discipline the market, but it should also act as an enabler of citizen-led experimentation, and it should set up an institutional apparatus to ensure that collective learning spreads across jurisdictions. Corporations themselves can ensure that society taps the full potential of citizens-led social innovations: they can put their know-how, their access to finance, and their control of logistical chains in the service of such innovations, rather than focusing on shaping consumers’ tastes or even adapting to consumers’ shifting expectations. With this aim in mind, this book provides empirical evidence of how social innovations, typically developed within "niches", initially at a relatively small scale, can have society-wide impacts. It also examines the nature of the activism deployed by social innovators, and the emergence of a "do-it-yourself" form of democracy. This book will appeal to all those interested in driving societal change and social innovation to ensure a sustainable and socially just future for all.


New Institutions for Socio-Economic Development

New Institutions for Socio-Economic Development
Author: Elena G. Popkova
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 200
Release: 2021-06-08
Genre: Business & Economics
ISBN: 3110699869

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The strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution (Industry 4.0), which is impacting all economic systems to a greater or lesser extent. The creation of the digital economy and transition to Industry 4.0 particularly increases the significance of hi-tech for socio-economic development. Secondly, there is now a transition underway from a period of unlimited globalization and comprehensive integration to more limited globalization and selective economic integration. The growing importance of regionalization on the global economic system is manifested in the formation and rapid development of new integration unions at the regional or country level (e.g., the EU and the EAEU), and company level (e.g., regional sectoral economic clusters, special economic areas, technological parks, and innovative networks). Thirdly, there’s an urgent need for faster innovation, which leads to the formation of more innovative economies. The global financial crisis drew attention to the problems of managing sustainability and achieving balance in socio-economic development. The formation and exponential growth of the information society, based on digital technologies, is now stimulating the growth and significance of corporate social and environmental responsibility as a prerequisite for entrepreneurial success. Thus, the paradigm of socio-economic development is changing from absolute rationality (economic effectiveness) and stability – which has historically been associated with problems of stagnation – to responsibility (limited and socially-oriented rationality) and dynamism (quick innovative development based on leading technologies). This book aims to provide a scientific substantiation for this new paradigm.


Sustainable Growth and Development of Economic Systems

Sustainable Growth and Development of Economic Systems
Author: Svetlana Igorevna Ashmarina
Publisher:
Total Pages: 406
Release: 2019
Genre: BUSINESS & ECONOMICS
ISBN: 9783030117559

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"This contributed volume presents the outcomes of multidisciplinary studies on the problem of sustainable economic development. The key issues addressed here are economic transformation, crisis management, formation and implementation of industrial policy in the innovative economy, and the development of individual industries (oil refining, transport, education, tourism, the financial sector, etc.), as well as the problem of resistance to changes in the economy. Special attention is paid to economic growth under unstable conditions and the impact of digitalization on the development of economic processes. This book is dividided into five parts, the first of which deals with factors and conditions determining the sustainable development of different socio-economic systems, as well as issues in connection with the post-crisis development of regional economies. In turn, the second part is devoted to an analysis of the innovative development of the economy, risk assessment for innovation projects, readiness for changes and innovations, and various instruments of innovative economic development. Prospects for the digitalization of the economy and the current changes in economic systems caused by digitalization are considered in the third part of the book. In the fourth part, the authors discuss the specific features of labor market development, and professional competencies that will be essential to the sustainable development of the economy. In closing, the fifth part presents sectoral and intra-organizational aspects of sustainable economic development."--Publisher's description.


Excessive Inequality and Socio-Economic Progress

Excessive Inequality and Socio-Economic Progress
Author: Ona Gražina Rakauskienė
Publisher: Taylor & Francis
Total Pages: 249
Release: 2022-07-07
Genre: Science
ISBN: 1000612872

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The growing inequality in the global economy across the planet is reaching unprecedented levels. This book seeks to develop frameworks for the assessment of excessive inequality and its impact on social-economic progress and sustainable development. It begins by summarizing the theoretical approaches of economic inequality, its specificity, and questioning what economic inequality really is and how it progresses. Next, the book explores issues of methodology for addressing the growing excessive economic inequality. It then applies these concepts to examine inequality across a range of the European Union (EU) countries. A variety of factors are considered, such as the impact of economic inequality on socio-economic progress, when normal inequality turns into excessive inequality, and its impact on economic growth, quality of life, and the environmental sustainability across different groups.


Social Innovation and Sustainable Consumption

Social Innovation and Sustainable Consumption
Author: Julia Backhaus
Publisher: Routledge
Total Pages: 298
Release: 2017-11-27
Genre: Business & Economics
ISBN: 1351782347

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This book showcases strategic policies for and processes of societal transformation, which are required to address the challenge of sustainability. Based on the latest thinking at the interface of social innovation, sustainable consumption and the transformation of society, the book provides: in-depth discussions at the nexus of sustainable consumption, social innovation and social transformation, highlighting their significance to sustainability-related policy and practice; detailed case studies of social innovation in energy, food, housing and policy which illustrate emerging practice and promising policy, business and civil society interventions; and critical reflections and commentaries on the contribution of social innovation to societal transformation. Bringing together aspiring scholars and leading thinkers on this topic, this book leads to compelling new insights for an international audience into the potential of social innovation for sustainable consumption and the transformation of society. It will be of great interest to students and scholars of sustainable consumption, sustainable development, (social) innovation studies and environmental sociology.


Human and Technological Progress Towards the Socio-Economic Paradigm of the Future

Human and Technological Progress Towards the Socio-Economic Paradigm of the Future
Author: Elena G. Popkova
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 269
Release: 2020-08-24
Genre: Business & Economics
ISBN: 3110692104

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This book develops a socio-economic paradigm of the future in the context of digital transformation. The challenge of economic openness is considered through the globalization of the world economic system by the example of modern Russia. The tendency of archaization of socio-economic relations is explored which is connected with the gradual disappearance of ineffective institutes and their replacement by new institutes. Attention is paid to the regional aspect of the digital economy – perspectives of development of the ethno-economy in the context of integration of regional economic systems are determined. The problem of preserving social identity and supporting the uniqueness of competitive advantages of the region’s economy in the conditions of digitization is actualized, and its perspective solutions based on a region’s globalization management are offered. Also, the problem of national and regional food security is considered. Increased social significance of the agro-industrial complex and the necessity for its de-economization on the platform of the digital economy are substantiated. A new concept of the market economy in the conditions of digitization and the Fourth industrial revolution is developed; economic power of technological progress and possibilities of managing and re-directing this power are determined. The authors substantiate the transition to the Sixth technological mode and the related transformation processes in the economy. Also, the authors dwell on the problem of the shadow economy and corruption and consider the perspectives of its overcoming based on the possibilities of digital technologies. The idea of de-regulation based on the possibilities of automatization and AI is opposed to the idea of increase of state regulation based on ubiquitous computing and digital monitoring of economic activities. The perspectives of increasing the economy’s transparency in the digital age are proved. The alternatives to the current model of development of the digital economy are given, and scenario analysis of consequences of observing these models based on the cognitive approach is performed. New opportunities for development of the integration processes in entrepreneurship in the conditions of the digital economy are shown – in particular, in the aspect of inter-regional and transnational sectorial clustering. Clusters are considered as growth points of the Russian economy, and the new Russian experience of formation and development of clusters in the sphere of higher education in the context of region’s economy is studied. The authors determine the contribution of key technological events in the development of entrepreneurship through the example of modern Russia. They come to the conclusion that despite the unique possibilities digital technologies do not necessarily create additional value for entrepreneurship, and their application could be ineffective due to additional capital expenditures in case of complexity of return of long-term venture investments. The needs of entrepreneurship for innovative infrastructural provision in the context of the digital economy are determined, and barriers on the path of its creation and practical application due to necessity for applying new forms of business organization are shown. Specific features of state management of a region’s economy in the conditions of digital modernization are shown, and the modern Russian practice of e-government as a response to the modern challenges is studied. The authors outline new perspectives of development of public-private partnership as an effective direction of industrial and cluster policy of a modern region.


Handbook on Regional Economic Resilience

Handbook on Regional Economic Resilience
Author: Gillian Bristow
Publisher: Edward Elgar Publishing
Total Pages: 320
Release: 2020-02-28
Genre: Social Science
ISBN: 1785360868

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This Handbook provides a collection of high quality contributions on the state of the art in current debates around the concept of regional economic resilience. It provides critical contributions from leading authors in the field, and captures both key theoretical debates around the meaning of resilience, its conceptual framing and utility, as well as empirical interrogation of its key determinants in different international contexts.


Eco-Social Transformation and Community-Based Economy

Eco-Social Transformation and Community-Based Economy
Author: Susanne Elsen
Publisher: Routledge
Total Pages: 217
Release: 2018-12-07
Genre: Social Science
ISBN: 1351119842

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Worldwide societal problems such as mass unemployment, growing social disparities, public and private poverty, social exclusion, environmental destruction and the evidence of climate change are increasing and becoming ever more visible. They require urgent and sustainable long-term solutions. Eco-Social Transformation and Community-Based Economy provides a transdisciplinary conception of community based socially productive approaches to eco-social transformation and sustainability. It introduces interdisciplinary discourses, basic theoretical concepts, participatory and community-based research, development strategies and practical prospects and considers them in the context of both eco-social transformation and eco-social work, especially with disadvantaged groups. With case studies that demonstrate the creative power of local embeddedness, diversity and cooperation, this book presents integrative local approaches as convincing examples of possible ways forward. It will be of interest to all scholars, students and activists working in community development, social development, social work and human geography.