The traditional role of businesses has always been seen to be solely for profit. Although this sole purpose has driven businesses to survive and thrive, a growing body of evidence has suggested otherwise, that by incorporating social innovation and social goals businesses have benefited from a plethora of unexpected benefits and reduced negative outcomes and costs for surviving and thriving within their place of operation. From the power to create change in waves or ripples to better the future whilst benefitting the business and its profits as well as serve as its competitive advantage.
In the hope to inspire or shed more light on how incorporating social innovation in conjunction with business goals can make a world a better place, this thesis explores what social innovation is, identifying what Hong Kong's most pressing needs and problems are, the concept of Smart, Green and Resilient (SGR) and Hong Kong's 2030+ Plans and how incorporating Social Innovation into start-ups and businesses can help Hong Kong solve its most pressing problems.
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Tutor: Kevin Denney
