Title: Social value creation: outline and first application of a resource management approach to innovation

Authors: Thomas Hirschmann; Karsten Mueller

Addresses: University of Mannheim, Clemensstr. 81, D-80798 München, Germany. ' University of Mannheim, Schloss Ehrenhof Ost, EO 245, D-68131 Mannheim, Germany

Abstract: This paper presents a resource management based concept of social value creation applicable to any innovation context within, as well as beyond, classic organisational borders. As such, it is being tested as an evaluation tool to measure the success of two thematically identical innovation projects: an intra-organisational and an extra-organisational idea contest. Results are being presented along with a critical assessment of the concept.

Keywords: social value; value creation; value measurement; social capital; resource management; crowdsourcing; innovation; idea contests; automotive; community; sustainable innovation.

DOI: 10.1504/IJISD.2011.043076

International Journal of Innovation and Sustainable Development, 2011 Vol.5 No.2/3, pp.276 - 294

Received: 08 May 2021
Accepted: 12 May 2021

Published online: 13 Oct 2011 *

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