{"id":12480,"date":"2010-09-03T09:32:17","date_gmt":"2010-09-03T13:32:17","guid":{"rendered":"http:\/\/researchimpact.ydsinc.ca\/wake-up-canada-its-time-to-put-the-social-in-innovation\/"},"modified":"2021-11-23T15:04:15","modified_gmt":"2021-11-23T20:04:15","slug":"wake-up-canada-its-time-to-put-the-social-in-innovation","status":"publish","type":"post","link":"https:\/\/researchimpact.ca\/fr\/archive\/wake-up-canada-its-time-to-put-the-social-in-innovation\/","title":{"rendered":"Wake up Canada! It\u2019s time to put the \u201csocial\u201d in \u201cinnovation\u201d"},"content":{"rendered":"

\"\"<\/a>While Canada is only now asking, \u201cWhat is social innovation?\u201d, the US and UK are well into implementing initiatives to support it. As the August 12 issue of The Economist <\/em>notes<\/a>:
\nPolicymakers on both sides of the Atlantic are keen on a new approach to alleviating society\u2019s troubles. On July 22nd Barack Obama\u2019s administration listed the first 11 investments by its new Social Innovation Fund (SIF). About $50m of public money, more than matched by $74m from philanthropic foundations, will be given to some of America\u2019s most successful non-profit organisations, in order to expand their work in health care, in creating jobs and in supporting young people.
\nThe SIF is part of Obama\u2019s Office of Social Innovation and Civic Participation<\/a>.
\n\"\"<\/a>
\nThe Economist<\/em> article<\/a> looks at various ways to invest in social innovations, including public\/private partnerships, microfinance, grants, venture philanthropy, plus new types of private companies (public interest company in the UK and B-corp in the US). One compelling new tool for investing in social innovation is the social-impact bond. It\u2019s complicated but brilliant because it \u201cprovides long-term funds for promising ideas; it transfers risk to private capital markets; and it costs public money only if the scheme provides specific social benefits.\u201d
\nThe article argues that spread (or lack of it) and scope (ditto) are barriers to social innovations. It seems to suggest that social innovations would spread if there was a social innovation \u201cGoogle\u201d. But this is superficial. Most social innovations are incremental and therefore context specific. For example, there were a number of innovative safe sex campaigns in major North American cities in the late 1990s \u2013 but they failed to have an impact on Latino men. The campaigns were aimed at gay men, but some Latino men who have sex with men do not identify as gay. These campaigns, which were carried out on a national level, failed the Latino community because they lacked cultural context. Take home message: it\u2019s not always about money but it is<\/em> about smart money. Investing with smart money that knows the context of the innovation will help address (or at least explain) scale and scope.
\n\"\"<\/a>The article also cites British innovations and claims that Britain is ahead of the US as a result of \u201c10 years of deliberate thinking about how government should work with the social sector.\u201d
\nAnd then there\u2019s Canada.
\nIn April of this year, Canada\u2019s Policy Research Initiative released its research document, \u201cSocial Innovation: what is it, who does it?\u201d<\/a> This report intentionally poses more questions than it answers. The trouble is the Economist<\/em> article answers those questions; Canada \"\"<\/a>is only asking them.
\nReally, Canada? With initiatives like the tri-council\u2019s investments in ResearchImpact-R\u00e9seauImpactRecherche, McConnell Foundation\u2019s investments in \"\"<\/a>Social Innovation Generation, and smaller scale initiatives involving the United Way\/Centraide or any of those we might see at CUExpo<\/a>, we need to do more than simply ask, \u201cWhat is it, who does it?\u201d
\n$50M would be nice. (Thank you, Barack Obama!) But taking a lesson from Muhammad Yunus, who won the Nobel Prize for his pioneering work in microfinance, we might ask some different questions: what would micro-social entrepreneurship look like? How might collaboration among the public, private, and voluntary sectors make smaller, smarter, and context-specific investments \u2013 little splashes that ripple out and have a big effect?
\nStay tuned\u2026.<\/p>\n","protected":false},"excerpt":{"rendered":"

While Canada is only now asking, \u201cWhat is social innovation?\u201d, the US and UK are well into implementing initiatives to support it. As the August 12 issue of The Economist notes: Policymakers on both sides of the Atlantic are keen on a new approach to alleviating society\u2019s troubles. On July 22nd Barack Obama\u2019s administration listed […]<\/p>\n

Lire la suite\u2026 from Wake up Canada! It\u2019s time to put the \u201csocial\u201d in \u201cinnovation\u201d<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2386],"tags":[1648],"class_list":["post-12480","post","type-post","status-publish","format-standard","hentry","category-archive","tag-social-innovation-fr-2"],"acf":[],"yoast_head":"\nWake up Canada! It\u2019s time to put the \u201csocial\u201d in \u201cinnovation\u201d - Research Impact Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/researchimpact.ca\/fr\/archive\/wake-up-canada-its-time-to-put-the-social-in-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wake up Canada! It\u2019s time to put the \u201csocial\u201d in \u201cinnovation\u201d - Research Impact Canada\" \/>\n<meta property=\"og:description\" content=\"While Canada is only now asking, \u201cWhat is social innovation?\u201d, the US and UK are well into implementing initiatives to support it. As the August 12 issue of The Economist notes: Policymakers on both sides of the Atlantic are keen on a new approach to alleviating society\u2019s troubles. 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