suggest any five points to promote regional level employment
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Social innovation: 7 practical steps to promote it at regional level
1.Preparing a strategy and action plan for social innovation that is linked to the region’s smart specialisation strategy;
2.Building capacity for social innovation by supporting new organisations and adapting existing organisations. This might involve supporting independent third sector agencies for social innovation as well as setting up units within the public sector. There is also a role for training in new methods of idea generation, problematizing and in financial models;
3.Strengthening the market for social innovations and encouraging cross sectoral collaborations by using the power of public procurement to encourage innovative and cross sectoral approaches;
4.Supporting the innovators to get started and to grow through business support measures and by encouraging workplace innovation;
5.Investing in new financing models for each stage of the innovation process and specifically for financing pilots, implementations and scaling up. Exploring how new financial instruments might support results based approaches (e.g. along the lines of social impact bonds or payment by results models);
6.Setting up better structures for measuring the results of social innovation, for evaluation, benchmarking and comparison of existing and proposed policies and projects;
7.Promoting exchange and learning on approaches to social innovation across Europe.
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The very formulation of SDG 8 “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all” ...
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