COURSE OUTLINE

SOCIAL INNOVATION

A.A. 2017/2018

MASTER DEGREE IN MANAGEMENT ENGINEERING

Professor

Prof. Mario Calderini

Department of Management, Economics and Industrial Engineering

Mail: mario.calderini@polimi.it;

Phone: +39.0223992769

Guest Lecturer

Dott. Roberto Randazzo

R&P Legal Studio Associato

Mail: Roberto.Randazzo@replegal.it

Assistant

Dott.ssa Veronica Chiodo

Department of Management, Economics and Industrial Engineering

Mail: veronica.chiodo@polimi.it.

Phone: +39.0223999585

Consultation hours

At the end of class or by appointement at the Department of Management, Economics and Industrial Engineering(DIG), Via Lambruschini 4/b (Campus Bovisa).

Web Site

The website of the course, hosted by the platform Beep of Politecnico (beep.metid.polimi.it), is the main channel for the communication of important information, such as the possible displacement/suspension of classes, the suggestion of reading/studying materials, the publication of the test results, etc ..

Objective

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. 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. 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.

Programme

I – SOCIETAL CHALLENGES AND TRANSFORMATION

1. New economic paradigms: inclusive economy, sharing economy and circular economy.
2. Social Innovation Theory: definition, fields of application. The process of social innovation. Multi-stakeholder approach.

II – STRATEGY

1. Social Impact Venture.
2. Legal framework for Social Impact Venture.
3. Corporate Social Responsibility: advanced strategies.
4. Social Accounting and Measurement of Social Impact.

III – INNOVATION

1. Frugal and Open Innovation. Co-creation and the maker movement. The use of technologies in Social Innovation.

IV – FINANCE

1. Social Impact Finance and its instruments.

V – POLICY

1. Policies for Social Innovation

Materials

A list of "mandatory readings" and "references of useful researches" will be provided through Beep platform.

The reference, mandatory, book is the following: Constant D. Beugre (2016). Social Entrepreneurship: Managing the Creation of Social Value. Routledge.

On final test, students will be asked to discuss in groups a social business case (30% of the score) and to answer general theory questions (70% of the score). An additional, optional project will be rewarded from 0 to 2 points.