Seven: The power of social innovation

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This chapter is about the social economy, social exclusion and inclusion. SMEs not only sustain production and services but also support a renewed social focus with many breakthrough social innovations in what is now called the “Sharing Economy”. However, the skills gap remains a serious challenge for those most damaged by industrial losses – particularly among youth. The concentration of foreigners and ethnic minorities in the poorest neighbourhoods also challenges the European ideal of social cohesion.

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