JOURNAL OF APPLIED BUSINESS AND ECONOMICS
A Social Innovation Strategic Framework for a Small Island State: A Case Study of Malta
Author(s): Nicholas Sammut, Diana Spiteri, Joseph Paul Sammut, Irene Coppola, Benjamin Lebrun
Roberta Lepre
Citation: Nicholas Sammut, Diana Spiteri, Joseph Paul Sammut, Irene Coppola, Benjamin Lebrun
Roberta Lepre, (2021) "A Social Innovation Strategic Framework for a Small Island State: A Case Study of Malta," Journal of Applied Business and Economics, Vol. 23, Iss.1, pp. 100-115
Article Type: Research paper
Publisher: North American Business Press
Abstract:
A strategic framework to enhance social innovation is key to enhancing social wellbeing and is not only
about instilling a new cross-cutting method across traditional innovative economic and business fields, but it also needs to stimulate a culture of risk-taking and trust. Small moderate innovators such as Malta and similar jurisdictions find it challenging to boost innovation mostly because of economies of scale that do not lend well to the challenges of migrating to advanced knowledge-based economies. This paper provides grass root empirical feedback to build a strategic framework that a small state like Malta can adopt in order to boost its social innovation ecosystem.