TIRESIA is an International Research Center pursuing scientific excellence in the field of Social Innovation Ecosystems
promoted by the School of Management of Politecnico di Milano
TIRESIA core mission is to study and interpret transformation in SOCIAL INNOVATION Circular Interaction System
delivering new economic, business and policy models.
Tiresia group studies social venture and its ecosystems.
A Social Venture will result from a complex evolutionary process, which departs from individuals, for-profit and not-for-profit firms, non-governmental organizations, community organizations and other.
A Social Venture is any form of new economic organization that tries to exploit the opportunities of the social economy.
Tiresia group studies social venture and its ecosystems.
CORPORATE SOCIAL INNOVATION
Corporate Social Innovation refers to a set of strategies and instruments whereby community needs can be transformed into business opportunities to develop new ideas, find and serve new markets, and solve long-standing social and business problems.
New business models and emerging corporate strategies (e.g. B corp).
Strategic relationships with new players (social enterprise).
Change in operational processes and tools (planning, measurement, reporting…)
Social Enterprises (SEs) that are private, autonomous, entrepreneurial organizations providing goods or services with the goals of provide benefit to the community.
Develop new and inclusive definition, new and innovative business model, the impact measurement systems. Encourage the public-private partnership
INCLUSIVE INNOVATION POLICY
Inclusive innovation is any form of innovation that addresses the needs of persons that are excluded from ordinary consumption of goods and services, either because they are poor, or because of their disabilities, or because of lack of education or physical access to organized makes.
They are based on the efforts of firms, governments, non-governmental organizations, individuals or even grassroots innovators with little formal education. Inclusive innovation policy is any form of policy that focuses explicitly at fostering innovation by the public and private sectors to address the needs of this population.
– Challenge driven policies
– bottom-up and collaborative policy design
– Science, technology and inclusive innovation
– public-private partnership design for social innovation
– regulatory, fiscal and financial support to inclusive innovation
SOCIAL INNOVATION COURSE
The MSc in Management Engeneering offers a course in Social Innovation.
Societal challenges and a new economic paradigm are transforming markets and business models, providing companies with new opportunities. This course is intended to provide students with the tools that are necessary to redesign main corporate functions against the background of such new set of opportunities, in companies that are oriented to jointly pursue social, economic and financial returns. 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.
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. 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.
BUSINESS IN TRANSFORMATION: social and sustainability challenges lab
OBJECTIVE
This Lab is a training arena that aims at developing students’ understanding about the profound changes that companies are currently facing due to the so-called ‘societal challenges’. Students also learn how companies are answering to these challenges by developing innovative paradigms aimed at answering to growing economic, social and environmental pressures. As part of the Lab, students have the opportunity to work on real projects that aim at answering to this evolution of the context, applying in practice the concepts, ideas and methodologies that are thought in the stream’s core courses
SOCIAL IMPACT FINANCE
Social impact finance is a strategy of asset allocation where capital are intentionally used for financing project that generates blended value, combining the creation of measurable social impact and, under certain circumstances, financial returns. New technological opportunities and the focus on preventive intervention may change the nature of social service providers from labour to capital intensive raising the need of patient capital. However, few of the several Social Impact Finance instruments have already get a mature shape in the Italian market
– size of the market
(demand and supply of social impact finance);
– feasibility of instruments
– drivers of adoption
– engagement of public sector