BSR Insight | BSR, Intel Gather Experts to Spur Social Innovation in China
About the Author(s)
Pei Bin, Former Director, China Partnership Development
Publication Date
July 26, 2011
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At a Beijing meeting, BSR and Intel brought together 15 government, academic, nonprofit, and business experts to discuss how things like infrastructure, institutions, incentives, inspiration, integration, interaction, and investments can spark innovative solutions to address China’s growing social and environmental challenges. Experts also discussed how companies could leverage their expertise, technology, talent, and capital to transform their traditional approaches to social responsibility to make a greater impact.
The group identified three types of opportunities:
- Policy opportunities for the Chinese government to transition from a focus on total growth to a focus on service-oriented, sustainable development
- Market opportunities driven by unmet social needs such as the significant wealth and education divide and an aging population that will reach 470 million by 2050
- Technology opportunities for companies to build networks that can deliver people- and community-oriented services at a larger scale and at lower costs
To realize these opportunities, business needs to make social innovation a part of its corporate strategic portfolio.
To learn more, read our briefing paper (also available in Chinese) or contact Pei Bin.
About the Author(s)
Pei Bin, Former Director, China Partnership Development
Topics
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