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Social Innovation refers hereafter to social processes of innovation or collaborative innovation, such as open source methods and techniques. Collaborative innovation has developed over the past ten years through different types of approaches, and has reached momentum on the ground of realizing fast knowledge circulation across boundaries:

Open innovation (Chesbrough, 2003) completely changes the innovation funnel, by discovering and embedding new solutions and expertise more rapidly that an internal R&D lab might accomplish; reversely, by “making unused ideas and technologies available to others, companies develop new business out of collaboration”;

To read the full, original article click on this link: Innovation Excellence | The Rise of Social Innovation