Dear Professor Gossel,
I have a question regarding the assignment "Spot on Digital Transformation of Social Innovation", specifically part c) "How is economic value and social value created?"
I have chosen an association from the database you recommended and already have a rough idea of how a digital transformation could be implemented there. The idea would definitely enhance the social value, but I find it difficult to see how it could create economic value, as the organization is a non-profit and does not pursue economic incentives.
So my question is: Does the assignment require both aspects – economic and social value – to be addressed/improved, or is it sufficient to focus on just one of them?
Thank you in advance for your feedback!
Best regards,
Maiya