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How philanthropy, innovation and entrepreneurship are transforming the social ecosystem

Willy Cheng, Chairman, The Lien Centre for Social Innovation

The social ecosystem comprises a broad range of players that have come together for the common mission of changing the world for the better. But as much as the social ecosystem is about change, it is also beset by the forces of change.

Neo-philanthropists entering the social space bring along new market and business practices, some of which appear to be at odds with the values of the social world. From within the sector, new heroes — the social entrepreneurs — are emerging to create social change on an unprecedented scale in new pattern-changing ways.

Meanwhile, the power of technology and innovation to foment disruptive change is enabling new possibilities and outcomes. The demands of accountability placed by civil society players on corporations and governments are also rebounding on them. All these factors, and more, are transforming the social ecosystem even as it seeks to transform the larger world.

Inspiration: The Lien Centre for Social Innovation

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