Open Social Innovation

Social Innovation Through Collective Wisdom

Current social issues require far more innovative approaches to solve than in any other conventional business solution cases.

Social innovation field as the most promising area where the concept of “open innovation” works effectively and real fruits of collective wisdom contribute to bring meaningful break-through idea to tackle problems.

• Open innovation would accelerate immergence of collective wisdom
• Social mission would remove bottleneck of knowledge sharing such as proprietary knowledge/product protection thinking of the business world
• Discussion/interaction among interest group people with trust would create flexible idea and practical solution to social issues

Social Innovation Open Platform Image
Virtual and Real combination

1. Virtual context base confined by vision and mission which resonate participants

   • Vision and mission of this social business group should be the ones that could be long-lasting
   • Business model image and agenda to be solved could share common awareness of participants
   • Cultivates strong social capital (e.g. sense of community, trust and empathy)

2. Virtual + real community of practice: core of platform: place where individual expertise knowledge are transformed into organizational collective wisdom and knowledge and generate innovative business plan

   • Place for innovative idea generation for solving social issues
   • Exploit participants’ resource (e.g. knowledge, expertise, network and skill)
   • Train entrepreneurship and leadership of participants

3. Implementation of business plan through project team formation

   • Participants focus on producer role of a social business
   • Leverages partnership of related experts and institutions