Impact of social innovations оn regional development: conceptual framework

Abstract

The article deals with the role and directions of the social innovations’ impact on regional development. In retrospect, the author considers the essence of social innovations. The functional features of social innovations have been highlighted. A conceptual model of the social innovations’ impact on regional development has been proposed. The results obtained made it possible to formulate the main vectors of social innovation development as a factor of social progress and economic growth of a region.