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Multinational Corporations and Social Innovation in Emerging Markets
Journal article   Open access   Peer reviewed

Multinational Corporations and Social Innovation in Emerging Markets

Samuel Adomako, Xiaohui Liu, Riikka M. Sarala, Mujtaba Ahsan, Jeoung Yul Lee and Oded Shenkar
Management international review, Vol.64(3), pp.343-363
01/06/2024

Abstract

Social innovation Multinational corporations (MNCs) Emerging markets International Business
The concept of social innovation has garnered increasing attention across various disciplines, driven by a growing recognition of the need to address complex societal challenges. However, despite the thorough examination of traditional innovation forms and their influence on global business practices, the scrutiny of social innovation within the realm of international business (IB) remains relatively nascent. This introduction delineates the scope of this focused issue and emphasizes the critical need to expand research on social innovation within IB, a field dedicated to enhancing social value and engagement among diverse stakeholders. This focused issue explores the catalysts and impacts of multinational corporations' (MNCs') social innovation endeavours in emerging markets. Departing from the profit-centric focus of conventional innovation studies, social innovation emphasizes the redistribution of knowledge, the encouragement of discovery, and the facilitation of co-creation, thus posing a challenge to the traditional paradigms and logics of innovation theory. This introduction provides a concise review of current social innovation literature in IB, highlights the contributions made by the articles in this focused issue, and concludes by outlining directions for future research in the domain of social innovation in IB.
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https://doi.org/10.1007/s11575-024-00540-wView
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Domestic collaboration
International collaboration
Citation topics
6 Social Sciences
6.3 Management
6.3.726 Entrepreneurship
Web of Science research areas
Management
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