A cross-national study on mobile business: how will ecosystems evolve?

Park, Jinsoo; Choi, Minjung

doi:10.1177/0266666912465975

Cited by 1 publication

(1 citation statement)

References 14 publications

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“…In addition, the concept of examining entrepreneurship like an ecosystem has similarities to the Social Impact Investing Framework developed by the OECD. Lastly, previous research has also applied a broader ecosystem approach in the field of modern economics for various sectors with different scopes and objectives (Adner, 2017;Cohen, 2006;Ferdinand & Meyer, 2017;Fraiberg, 2017;Park & Choi, 2014).…”

Section: Review Of European Studiesmentioning

confidence: 99%

A Proposed Framework to Analyze the Impact Investing Ecosystem in a Cross-Country Perspective

Acevedo¹,

Wu²

2018

RES

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This study developed an impact investing ecosystem framework to present a comprehensive overview of the impact investing sector, identifying key challenges and possibilities. Two Asian countries, Japan and Singapore, were used as case studies. The proposed framework revealed that the market scales in Japan and Singapore were small and each country faces unique challenges for developing impact investing. For Japan, the low level of philanthropic activities and the small social sector were the key challenges to overcome for impact investing growth. For Singapore, the government’s low social expending strategy may limit the development. However, both countries have supportive environments for impact investing due to high-quality human resources, well-developed financial markets and political interest. In particular, the high total wealth of high network individuals (HNWI) in Japan and large donations to charities in Singapore (% GDP) offer rich potential.

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