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Stepping up: an empirical analysis of the role of social innovation in response to an economic recession

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  • Alexandra Graddy-Reed
  • Maryann P. Feldman

Abstract

Categorising organisations as either for-profit or nonprofit is a false dichotomy as existing for-profit firms are becoming more socially conscience while nonprofits are adopting profit-making activities to ensure their viability. This paper conceptualises the array of social practices as a continuum of social innovation and empirically demonstrates variation not captured by legal designation. Using a survey from the US state of North Carolina, this paper examines how organisations across the continuum responded to the 2008 economic recession. Results indicate that more socially innovative organisations responded to the increase in need by increasing environmental, community and employee support.

Suggested Citation

  • Alexandra Graddy-Reed & Maryann P. Feldman, 2015. "Stepping up: an empirical analysis of the role of social innovation in response to an economic recession," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 293-312.
    • Handle: RePEc:oup:cjrecs:v:8:y:2015:i:2:p:293-312.
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    File URL: http://hdl.handle.net/10.1093/cjres/rsv008
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    Citations

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    Cited by:

    1. Brita Hermelin & Grete Rusten, 2018. "A place-based approach to social entrepreneurship for social integration – Cases from Norway and Sweden," Local Economy, London South Bank University, vol. 33(4), pages 367-383, June.
    2. Pedro Marques & Kevin Morgan & Ranald Richardson, 2018. "Social innovation in question: The theoretical and practical implications of a contested concept," Environment and Planning C, , vol. 36(3), pages 496-512, May.
    3. Ron Martin & Peter Sunley & Peter Tyler, 2015. "Local growth evolutions: recession, resilience and recovery," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 141-148.
    4. Bhatt, Punita & Ahmad, Ali J. & Roomi, Muhammad Azam, 2016. "Social innovation with open source software: User engagement and development challenges in India," Technovation, Elsevier, vol. 52, pages 28-39.
    5. John Hagedoorn & Helen Haugh & Paul Robson & Kate Sugar, 2023. "Social innovation, goal orientation, and openness: insights from social enterprise hybrids," Small Business Economics, Springer, vol. 60(1), pages 173-198, January.
    6. Georg M. Eichler & Erich J. Schwarz, 2019. "What Sustainable Development Goals Do Social Innovations Address? A Systematic Review and Content Analysis of Social Innovation Literature," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    7. David B. Audretsch & Georg M. Eichler & Erich J. Schwarz, 2022. "Emerging needs of social innovators and social innovation ecosystems," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 217-254, March.
    8. Christian Omobhude & Shih-Hsin Chen, 2019. "Social Innovation for Sustainability: The Case of Oil Producing Communities in the Niger Delta region," Sustainability, MDPI, vol. 11(23), pages 1-26, November.
    9. Alexandra Graddy-Reed, 2021. "Decisions of firm risk and the role of organizational identity," Small Business Economics, Springer, vol. 57(1), pages 1-21, June.

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