Measuring the social value of innovation: The cases of Muhammad Yunus, Grameen Bank and Bill Gates, Microsoft

Abstract

Measuring the economic and social impact of innovation is a nontrivial act. Using an embedded analysis method this paper examines the Grameen Bank and Microsoft Corporation as examples of social and commercial entrepreneurship. Both organizations embraced radical innovation that was scaleable and created wealth. They also both had profound economic and social impact on the world.

Citation

Acs, Z.J. and Sany, J. (2009), "Measuring the social value of innovation: The cases of Muhammad Yunus, Grameen Bank and Bill Gates, Microsoft", Libecap, G.D. (Ed.) Measuring the Social Value of Innovation: A Link in the University Technology Transfer and Entrepreneurship Equation (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, Vol. 19), Emerald Group Publishing Limited, Leeds, pp. 143-170. https://doi.org/10.1108/S1048-4736(2009)0000019006