TECHNOLOGY AND INNOVATION RESEARCH ON SOCIAL IMPACT · Corporate Social Innovation Social Business & Entrepreneurship Inclusive Innovation Policy TIRESIA is an International Research

TECHNOLOGY AND INNOVATION RESEARCH

ON SOCIAL IMPACT

School of Management - Politecnico di Milano

WHO WE ARE


www.tiresia.polimi.it 01

Social ImpactFinance & Ecosystem

Corporate Social

Innovation

Social Business &

Entrepreneurship

InclusiveInnovation

Policy

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.

POLITECNICO DI MILANO

LARGEST AND OLDESTTECHNICAL UNIVERSITY IN ITALY, FOUNDED IN

DEPARTMENTS12

2

5

40.000

1.400

1.863

1 in Chinaand 1 in India

RANKED no.1 nationwide,no. 24 worldwide(QS WORLD UNIVERSITY RANKINGS 2015)

MAIN CAMPUSESIN MILAN

CAMPUSESIN NORTHERN ITALY

STUDENTS

PROFESSORS AND LECTURERS

Engineering,Architectureand Design



THE SCHOOL OF MANAGEMENT

The School of Management - SoM - groups togeth-er MIP (the Graduate School of Business) and DIG

(the Department of Management Engineering),combining all research and education operations in

the field of management.

The School (SoM) appears in the Financial Times rankings for 2015, is in the list with:

Executive MBA; Full-Time MBA; Master of Science in Management Engineering;

Customised Executive Programs for business; Open Executive Programs for managers and professionals.



THE SCHOOL OF MANAGEMENT

Tiresia is immersed in an active and rich environ-ment inlcuding also:

• Fondazione Politecnico di Milano;

• Alta Scuola Politecnica:Top Technology Talents

Programme powered by Politecnico di Milano and

Politecnico di Torino;

• PoliHub: the business incubator of

the Politecnico.



TIRESIA has contributed to establish Politecnico di Milano among the top 10 universities performing

teaching and research activities on social impact in-vestments and its research activity is acknowledged

by important academic journals.

Tiresia educates people and institutions to most disrup-tive changes and challenges in social innovation ecosys-

tem. Through research, education, advisory and experien-tial learning, we strengthen the capacity of individuals and

organizations to embrace global and innovative solutions to complex societal problems.

We consider social business and inclusive economy the pow-ering engine working across sectors, institutions, and disciplines

to build new social infrastructure and economic growth.

TIRESIA: leading the way in new social business ecosystem



TIRESIA landscape view



S O C I A LNEW ECONOMIC

PARADIGMSNEW ECONOMIC

PARADIGMS

V E N T U R E

Societal challenges

WelfareWithdrawal

Technological opportunities

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.

Social Impact

Finance & Ecosystem

Corporate Social

Innovation

Social Business &

Entrepreneurship

InclusiveInnovation

Policy

SOCIAL INNOVATION Circular Interaction System



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.

TIRESIA core mission is to study and interpret such transformation, delivering new economic, business and policy models.

S O C I A LV E N T U R E

Non Profit World& Hybrid Social

Entrepreneurship Established for profit Company

Public Sector & Welfare State

Society andcommunities

Research on Social Innovation Ecosystems.Graduate and post-graduate education in Social Innovation.Executive Education in Social Innovation Ecosystems.Policy advisory and strategic consultancy.

Management of Social Innovation;Technology-enabled Social Innovations;Social Impact Metrics and Measurement;Sustainability and Strategic Corporate Social Responsibility;Social Impact Finance;Social Entrepreneurship and Innovative Social Business models;Public policy on R&D design and evaluation – inclusive innovation policy.


WHAT WE DO

CORE COMPETENCES:


TIRESIA HOW

Delivering insights and empirical evidence through the combined activity of observatories:



The observatory starts from the partnership among TIRESIA, Make a Change and Vita Group with the aims to identify the main development trajectories of Italian social business, identify the Italian Social Business Best Practices and analyze and quantify their business models and social impact, create and update an annual publication on Italian Social Business Best Practices. Finally to favor the set up of new social businesses in Italy and, in turn, promote social enterprises as a new asset class for social investment in Italy.

POLISIF is an initiative instituted bythe Department of Management, Economics and Industrial Engineering of Politecnico di Milano,in partnership with public, private and not for profit organizations, which aims at offering an original perspective to observe and understand the phenomena affecting the ecosystem of Social Impact Finance.OSSERVATORIO DI TECNOLOGIA E FINANZA

PER IL BUSINESS SOCIALE

TIRESIA KNOWLEDGE DOMAIN: Social Impact Finance & Ecosystem



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.

DEFINITION

HOT RESEARCH

ISSUES

PROJECTS & PARTNERS

• Size of the market (demand and supply of social impact finance);• feasibility of instruments;• drivers of adoption;• engagement of public sector.



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…).

PROJECTS & PARTNERS

DEFINITION

TIRESIA KNOWLEDGE DOMAIN: Corporate Social Innovation

HOT RESEARCH

ISSUES



Social Enterprises (SEs) that are private, autonomous, entrepreneurial organizations providing goods or services with the goals of provide benefit to the community.

PROJECTS & PARTNERS

ITACA

• Develop new and inclusive definition;• New and innovative business model, the impact measurement systems;• Encourage the public-private partnership.

DEFINITION

TIRESIA KNOWLEDGE DOMAIN: Social Business & Entrepreneurship

HOT RESEARCH

ISSUES



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 makets.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 polulation.

PROJECTS & PARTNERS

• 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;• smart communities.

DEFINITION

TIRESIA KNOWLEDGE DOMAIN: Inclusive Innovation Policy

HOT RESEARCH

ISSUES


TIRESIA PEOPLE www.tiresia.polimi.it 14

4PROFESSORS

POST-DOC RESEARCHER

PHD CANDIDATES/

RESEARCH FELLOWS

ASSOCIATES

3

5 3TIRESIA ADVISORY BOARD TIRESIA COMMUNITY


TIRESIA Recent Scientific Publications www.tiresia.polimi.it 15

BENGO, I., & CALDERDINI, M. (2016). New development: Are social impact bonds (SIBs) viable in Italy? A new roadmap. Public Money & Management, 36(4), 303-306. ·

ARENA, M., BENGO, I., CALDERINI, M., & CHIODO, V. (2016). Social Impact Bonds: Blockbuster or Flash in a Pan? International Journal of Public Administration, 1-13.

MAPELLI, F., ARENA, M., STRANO, P. (2016). Inclusive innovation and the role of partnerships: The case of Semi di Libertà. In: Worley, C., Cagliano, R., Caniato, F. ed. Organizing Supply Chain Processes for Sustainable Innovation in the Agri-Food Industry. Emerald series - Organizing for Sustainable Effectiveness.

ARENA, M., AZZONE, G., BENGO, I., CALDERINI, M. (2016). Indicators and metrics for social business: A review of current approaches. Journal of Social Entrepreneurship, 7(1), 1-24.



CHIODO, V., & MICHELUCCI, F.,V. (2015). Impact investing: un’opportunità da cogliere per gli istituzionali e il retail. MondoAlternative, Vol. 146.

MAPELLI, F., & CORSI, S. (2015). A multidimensional methodological approach to assess socio- economic impact of innovative social business models’ implementation within Fair Trade activities. The case of cashew production in Sierra Leone. Proceedings 5th Fair Trade International Symposium.

ARNABOLDI, M., CALDERINI, M., & MICHELUCCI, F., V. (2015). Making Social Innovation happen: the Turin project. Paper presented at EIASM’s 10th Workshop on the Challenges of Managing the Third Sector - University of Edinburgh Business School.



ARENA, M., AZZONE, G., & BENGO, I. (2015). Performance Measurement for Social Enterprises. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations:, 1(24), 649–672.

CALDERINI, M., & CHIODO, V. (2014). La finanza sociale: l’impatto sulla dinamica domanda-offerta. Rivista Impresa Sociale, Vol. 4.

BENGO, I., & RATTI, M. (2014). Datemi una leva...Nuovi strumenti di filantropia e finanza per il sociale. Rivista Impresa Sociale, Vol. 4.



BENGO, I., & DI BENEDETTO, C. (2014). Microcredit System for Building Rehabilitation and Strengthening Arts and Crafts. In Del Bo, Adalberto, Bignami, Daniele Fabrizio (Eds.). Pakistan Sustainable Social, Economic and Environmental Revitalization in Multan City (pp.57-67). Springer International Publishing Switzerland XXVII, ISBN 978-3-319-02117-1.

BENGO, I. (2013). Una prospettiva di impegno per le imprese: il Corporate Venturing. Così le imprese generano motori di miglioramento. In Impact Investing: la nuova frontiera della finanza sostenibile, Philanthropy Insights n. 2. Centro Studi Lang.

ARENA, M., & AZZONE, G. (2010). A process-based approach to select key sustainability indicators for steel companies. Ironmaking and steelmaking: processes, products and applications, 37(6), 437-444.



ARENA, M., CICERI, N.,D., TERZI, S., BENGO, I., AZZONE, G., & GARETTI, M. (2009), A State-of-the- art of Industrial Sustainability: Definitions, Tools and Metrics. International Journal of Product Lifecycle Management, 4(1-3), 207-251.

BENGO, I. (2009). Social Enterprise: An Alternative Paradigm for Cooperation and Development. In Mumba, A. and Ketola, T. (Eds.) 2009. Responsible Leadership: Proceedings of the Corporate Responsibility Research Conference. Vaasa, Finland. ISBN 978-952-476- 285-4, ISSN 1238-7118.


www.tiresia.polimi.it

TIRESIA GROUP

TECHNOLOGY AND INNOVATION RESEARCH

ON SOCIAL IMPACT

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TECHNOLOGY AND INNOVATION RESEARCH ON SOCIAL IMPACT · Corporate Social Innovation Social Business & Entrepreneurship Inclusive Innovation Policy TIRESIA is an International Research