Keywords: social value, value creation, value measurement, social capital, resource management, crowdsourcing, innovation, idea contests, automotive, community, sustainable innovation
Social value creation: outline and first application of a resource management approach to innovation
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.