Social innovation refers to new strategies, concepts, or ideas that aim to address social challenges and improve the well-being of communities. It often involves collaboration among various stakeholders, including governments, non-profits, and businesses, to create sustainable solutions that benefit society as a whole. Examples of social innovation include initiatives in areas like education, healthcare, and environmental sustainability. These innovations can take many forms, such as microfinance programs that provide small loans to entrepreneurs in developing countries or community gardens that promote local food production and social cohesion. By focusing on social impact, social innovation seeks to create lasting change and enhance the quality of life for individuals and communities.