Multi-stakeholder settings

Tiziana Gaito, Sybille Sachs and Ramona Demasi

Chapter 28 in Elgar Encyclopedia of Innovation Management, 2025, pp 105-110 from Edward Elgar Publishing

Abstract: Multi-stakeholder settings offer stakeholders a space in which they can interact on equal terms to create innovative solutions to joint challenges. The ability of multi-stakeholder settings to foster innovation is particularly relevant given the extraordinary complexity of some of today's challenges. First, ‘wicked’ social (e.g., migration and social inequalities) and ecological issues (e.g., climate change, loss of biodiversity) affect a wide range of stakeholders from different sectors, likely resulting in diverse perspectives. Second, the interests and values underlying diverse perspectives may seem difficult to reconcile and can easily lead to perceived intractability among stakeholders. Multi-stakeholder settings that enable stakeholders to learn from and with each other are thus needed to create innovation—that is, novel solutions to ‘wicked’ issues that go beyond what is pre-existing. Therefore, this entry adopts a social learning perspective on multi-stakeholder settings and outlines how innovation occurs in four key steps.

Keywords: Dialogue; Intractable conflict; Multi-stakeholder setting; Social learning; Stakeholder engagement; Wicked issues (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035306442
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