Shaping the Anatomy of Socio-Economic Community Problems towards Effective Solutions

Abstract

Socio-economic community problems (CPs) are getting complicated every day, despite many developments regarding social innovation, behavioural economy and inspiration economy programs that advanced the way socio-economic problems are tackled. The literature is also scarce in relevant to CPs and how they can be shaped to bring-in socio-economic out.
A qualitative approach is followed for randomly selected socio-economic CPs to explore the way they are realised and then how their anatomy was dissected. Based on the reviewed literature and the findings, a framework for shaping CPs towards an effective solution and outcome was proposed. The paper concludes with minimum success factors that can be used when shaping a socio-economic CP, in order to ensure breakthrough unique outcomes, where the problem won’t occur again with the same causality.