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A New Era of Sustainable Innovation

In: Business and Management in Asia: Digital Innovation and Sustainability

Author

Listed:
  • David Galipeau

    (SDGx Pte. Ltd)

Abstract

Sustainable innovation prioritizes inclusive and equitable principles within the innovative design and development process. These principles include environmentally friendly innovations that benefit society and innovations that positively influence the relationship between citizens and their governments—the social contract. The rise of sustainable innovation coexists with the introduction of Environmental, Social, and Governance regulatory policies and the United Nations Sustainable Development Goals that have influenced consumer, investor, and regulatory behavior change. As these intended beneficiaries are citizens, consumers, investors, and politicians, sustainable open innovation becomes a driver to developing and designing more inclusive, equitable, efficient, and effective business models.

Suggested Citation

  • David Galipeau, 2023. "A New Era of Sustainable Innovation," Springer Books, in: Tobias Endress & Yuosre F. Badir (ed.), Business and Management in Asia: Digital Innovation and Sustainability, pages 49-66, Springer.
  • Handle: RePEc:spr:sprchp:978-981-19-6418-3_4
    DOI: 10.1007/978-981-19-6418-3_4
    as

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