Social innovation in developing economies The success versus the failure of social innovation projects in reducing economic inequality in developing economies

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2021-08-23
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en
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Even though that it is clear from existing literature that social innovation works, it is not clear why some social innovation projects succeed while others fail. This study therefore scrutinizes, by conducting a qualitative comparative analysis (QCA), which (combination of) conditions, identified in the literature and in the Private Sector Investment Programme (PSI) database that is used, are necessary and sufficient for social innovation projects to be successful in decreasing the economic inequality in developing economies. Using a sample of 36 social innovation cases in different countries in Africa, the findings show that sufficient financial resources are crucial for a social innovation project to be successful in decreasing the economic inequality in developing economies. When sufficient financial means are absent, this could lead to an unsuccessful or failed social innovation project. In addition, this study demonstrates that it is the combination of certain conditions related to practices and resources that lead to the success or failure of social innovation projects. Second, it can be observed that the conditions that lead to a successful social innovation project are not equally important. At last, the findings show that contexts matter for the success of social innovation projects.
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Faculteit der Managementwetenschappen