Beschreibung:
Grassroots communities in the 21st century take on the role of social innovators and through the activities of their formal platforms contribute to addressing market failures and system failures. The study aims to evaluate how social innovations arise in the conditions of grassroots communities, what resources are key to the innovation process, what types of value these SI generate and how their innovation action contribute to local development. Applying a mixed method approach based on a combination of grounded theory and econometrics, the study shed a light on the potential conceptualization of the demand for SI at the level of local active communities, contributed to the understanding of the output production function of innovation and evaluated the differences in value creation in the case of pure, bi-focal and market-applied SI. Results showed that the bi-focal or "market-applied" SI generate economic value along with social value. In the output production functions of social innovation, labour, and especially voluntary work, capital obtained from external grants and from within-community resources pooling, together with tacit knowledge obtained from within the community or through networks of predominantly informal cooperation, potential play a crucial role