Proceedings of the 4th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2021, 7 October 2021, Lampung, Indonesia

Research Article

Challenges Faced in Creating Local Innovation: An Integrated Model of Quadruple Helix for Social Entrepreneurship

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  • @INPROCEEDINGS{10.4108/eai.7-10-2021.2316217,
        author={Sahnaz Ubud},
        title={Challenges Faced in Creating Local Innovation: An Integrated Model of Quadruple Helix for Social Entrepreneurship},
        proceedings={Proceedings of the 4th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2021, 7 October 2021, Lampung, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2022},
        month={4},
        keywords={social entrepreneurship local innovation quadruple helix sustainable development},
        doi={10.4108/eai.7-10-2021.2316217}
    }
    
  • Sahnaz Ubud
    Year: 2022
    Challenges Faced in Creating Local Innovation: An Integrated Model of Quadruple Helix for Social Entrepreneurship
    ICEBE
    EAI
    DOI: 10.4108/eai.7-10-2021.2316217
Sahnaz Ubud1,*
  • 1: Bina Nusantara University
*Contact email: Sahnaz.ubud@binus.ac.id

Abstract

The local innovation is one of the determinants of success in preparing society to face today's competition. One solution that can answer these challenges is to increase the role of social entrepreneurship. The purpose of this study is to develop factors that can be considered by social entrepreneurship in creating local-based innovation models that can have a positive impact on improving people's lives.This research used a qualitative approach based on the needs of a concept or phenomenon further. This Research used in-depth discussion of the concept by conducting semi structured interviews and observations. Interview data were obtained from seven participants who were directly involved in local innovation-based entrepreneurial activities.The result of this research was that in implementing the concept of Socio Entrepreneurship, the role of government, universities, companies, or foundations was needed as well as the role of the community itself. This study also contributed that in implementing the social entrepreneur should consider the quadruple helix model.