Technology and Innovation REsearch on Social ImpAct
TIRESIA is an International Research Center pursuing scientific excellence in the field of Social Innovation Ecosystems
promoted by the School of Management of Politecnico di Milano
TIRESIA core mission is to study and interpret transformation in SOCIAL INNOVATION Circular Interaction System
delivering new economic, business and policy models.
Tiresia group studies social venture and its ecosystems.
A Social Venture will result from a complex evolutionary process, which departs from individuals, for-profit and not-for-profit firms, non-governmental organizations, community organizations and other.
A Social Venture is any form of new economic organization that tries to exploit the opportunities of the social economy.
Tiresia group studies social venture and its ecosystems.
Social impact finance is a strategy of asset allocation where capital are intentionally used for financing project that generates blended value, combining the creation of measurable social impact and, under certain circumstances, financial returns. New technological opportunities and the focus on preventive intervention may change the nature of social service providers from labour to capital intensive raising the need of patient capital. However, few of the several Social Impact Finance instruments have already get a mature shape in the Italian market
– size of the market
(demand and supply of social impact finance);
– feasibility of instruments
– drivers of adoption
– engagement of public sector
CORPORATE SOCIAL INNOVATION
HOT RESEARCH ISSUES
Corporate Social Innovation refers to a set of strategies and instruments whereby community needs can be transformed into business opportunities to develop new ideas, find and serve new markets, and solve long-standing social and business problems.
New business models and emerging corporate strategies (e.g. B corp).
Strategic relationships with new players (social enterprise).
Change in operational processes and tools (planning, measurement, reporting…)
Social Enterprises (SEs) that are private, autonomous, entrepreneurial organizations providing goods or services with the goals of provide benefit to the community.
Develop new and inclusive definition, new and innovative business model, the impact measurement systems. Encourage the public-private partnership
INCLUSIVE INNOVATION POLICY
HOT RESEARCH ISSUES
Inclusive innovation is any form of innovation that addresses the needs of persons that are excluded from ordinary consumption of goods and services, either because they are poor, or because of their disabilities, or because of lack of education or physical access to organized makes.
They are based on the efforts of firms, governments, non-governmental organizations, individuals or even grassroots innovators with little formal education. Inclusive innovation policy is any form of policy that focuses explicitly at fostering innovation by the public and private sectors to address the needs of this population.
– Challenge driven policies
– bottom-up and collaborative policy design
– Science, technology and inclusive innovation
– public-private partnership design for social innovation
– regulatory, fiscal and financial support to inclusive innovation
SOCIAL INNOVATION COURSE
The MSc in Management Engeneering offers a course in Social Innovation.
Societal challenges and a new economic paradigm are transforming markets and business models, providing companies with new opportunities. This course is intended to provide students with the tools that are necessary to redesign main corporate functions against the background of such new set of opportunities, in companies that are oriented to jointly pursue social, economic and financial returns. The course is dedicated to social innovation and entrepreneurship in a broad sense, including the analysis of corporate strategy, corporate governance, innovation management, corporate finance, accounting and control, performance management as a function of the objectives of newly established social ventures or of consolidated, traditional enterprises wishing to exploit the opportunities related to emerging societal challenges.
This course is designed to offer students concepts and instruments necessary to gain a better understanding of social innovation processes, broadly interpreted to include different entrepreneurial responses to the problem of jointly and entrepreneurially pursuing social, economic and financial returns. This involves the reinterpretation of the whole set of managerial notions that students are already provided with, from corporate strategy to innovation management, accounting and financing, in light of such blended objectives. Upon successful completion of the course, students will be able to interpret and face any managerial challenge related to social entrepreneurship, in both start-ups and established companies as well as to discuss related policy issues.
BUSINESS IN TRANSFORMATION: social and sustainability challenges lab
This Lab is a training arena that aims at developing students’ understanding about the profound changes that companies are currently facing due to the so-called ‘societal challenges’. Students also learn how companies are answering to these challenges by developing innovative paradigms aimed at answering to growing economic, social and environmental pressures. As part of the Lab, students have the opportunity to work on real projects that aim at answering to this evolution of the context, applying in practice the concepts, ideas and methodologies that are thought in the stream’s core courses
DE MARCO, A., MANGANO G., MICHELUCCI, F.V., ZENEZINI, G. (2016). Using the Private Finance Initiative for energy efficiency projects at the urban scale, International Journal of Energy Sector Management, 10 (1), 99-117. http://dx.doi.org/10.1108/IJESM-12-2014-0005
CHIODO, V., MICHELUCCI, F.,V. (2015). Impact investing: un’opportunità da cogliere per gli istituzionali e il retail.MondoAlternative, Vol. 146.
MAPELLI, F., CORSI, S. (2015). A multidimensionalmethodologicalapproach to assess socio- economic impact of innovative social business models’ implementationwithin Fair Tradeactivities. The case of cashew production in Sierra Leone. Proceedings 5th Fair Trade International Symposium.
ARNABOLDI, M., CALDERINI, M., MICHELUCCI, F., V. (2015). MakingSocial Innovationhappen: the Turinproject. Paper presented at EIASM’s 10th Workshop on the Challenges of Managing the Third Sector – University of Edinburgh Business School.
MICHELUCCI, F.V., ROTA, F.S. (2015). Il crowdfunding in Italia: quali I fattori di successo?, XXXVI Scientific Conference Associazione Italiana di Scienze Regionali AISRe L’Europa e le sue regioni – Disuguaglianze, capitale umano, politiche per la competitività, Arcavacata di Rende (Cosenza) 14 -16 Settembre 2015.
MAPELLI, F., AZZONE, G., (2015). Innovative social business models for sustainable agriculture and the water-energy-food nexus. The case of cashew production in Sierra Leone, paper presented at the 7th International Social Innovation Research Conference 2015, York, 5-8 September.
BENGO, I., DI BENEDETTO, C. (2014). Microcredit System for Building Rehabilitation and Strengthening Arts and Crafts. In Del Bo, A., Bignami, D. F. (Eds.), Pakistan Sustainable Social, Economic and Environmental Revitalization in Multan City, pp.57-67. Springer International Publishing Switzerland XXVII, ISBN 978-3-319-02117-1.
BENGO, I. (2013). Una prospettiva di impegno per le imprese: il Corporate Venturing. Così le imprese generano motori di miglioramento. In Impact Investing: la nuova frontiera della finanza sostenibile, Philanthropy Insights n. 2. Centro Studi Lang.
ARENA, M., BENGO, I. (2013). Innovative business models for sustainable energy markets. In Colombo, E., Bologna, S., Masera, D. (Eds.), Renewable energies for unleashing sustainable development, pp. 203-217. London: Springer. ISBN 978-3-319-00283-5
ARENA, M., AZZONE, G. (2010). A process-based approach to select key sustainability indicators for steel companies. Ironmaking and steelmaking: processes, products and applications, 37(6), 437-444.
ARENA, M., CICERI, N.,D., TERZI, S., BENGO, I., AZZONE, G., GARETTI, M. (2009). A State-of-the- art of Industrial Sustainability: Definitions, Tools and Metrics, International Journal of Product Lifecycle Management, 4(1-3), 207-251.
BENGO, I. (2009). Social Enterprise: An Alternative Paradigm for Cooperation and Development. In Mumba, A. and Ketola, T. (Eds.) 2009. Responsible Leadership: Proceedings of the Corporate Responsibility Research Conference. Vaasa, Finland. ISBN 978-952-476- 285-4, ISSN 1238-7118.