Toward Inclusive Economic, Social and Environmental Progress in Asia: An Introduction

Abstract

This introductory chapter discusses the challenge of fostering sustainable development in Asia, where the economic, social and environmental contingencies are changing rapidly and concerns over, inter alia, climate change, environmental degradation, population growth and social deprivation provide for a complex terrain for decision-making. A number of perspectives that have been used in the extant literature to explain the specific societal role of business organisations in this region are critically reviewed and an emphasis is placed on their general lack of depth and contextualisation. This leads to the observation that this volume represents a timely contribution to our understanding of an understudied phenomenon: corporate sustainability-oriented practices in Asia. The book develops a collection of illustrative company cases that help us to clarify some conceptual and practical issues that surface the societal role of multinational companies in the Asian context. We hereby join a growing movement of research that seeks to unveil the conditions giving rise to a better and more context-sensitive way of integrating concerns for social and environmental impacts into corporate management decisions.

Rethinking Disruptive and Social Innovation: The Impact Model

“…Disruptive innovation seeks to create breakthrough innovations to provide better products, but it also may impact both the social architect of the organization and the customer base (Christensen, Raynor & McDonald, 2015;Skog et al, 2018). For example, Samsung Electronics has developed disruptive innovation in the data storage market (Martinez, 2017;Wang et al, 2022), which resulted in a high social impact on industry structure through developing high-efficient green memory products and reducing carbon emissions (Wang et al, 2022). To investigate the impact of corporate social responsibility (CSR) on disruptive innovation, Wang et al (2022) also conducted an empirical study in which they studied a sample of 226 firms.…”

Inovasi Lingkungan: Pemberdayaan Sosial Masyarakat Kampung Perkotaan (Studi Kasus Di Surabaya)

“…Hal ini disebabkan oleh aspek kepentingan ekonomi suatu entitas, baik dalam skala pemerintah maupun industri. Selama kebijakan prioritas pembangunan ekonomi di Asia, termasuk Indonesia adalah lebih kepada investasi infrastruktur ekonomi dibandingkan dengan pengeluaran sosial dan lingkungan, sehingga kapasitas industri-industri akan cenderung mengikuti kebijakan pemerintah tempat industri tersebut beroperasi (Martinez, 2017).…”

“…Apabila fenomena ini dibandingkan dengan hasil penelitian Martinez (2017) bersama penelitian terdahulu (Gürlek & Tuna, 2018;Huang & Li, 2017;Tantayanubutr & Panjakajornsak, 2017), peran industri dengan mengikuti kebijakan pemerintah adalah yang mampu melakukan inovasi lingkungan sebagai daya saing, maka di sinilah letak kesenjangan sekaligus keterbaruan penelitian akan didapatkan. Pemberdayaan sosial masyarakat kampung perkotaan di Surabaya ternyata juga mampu untuk memberikan daya saing dalam basis inovasi lingkungan dengan mengandalkan organisasinya untuk berfungsi secara hibrida, yakni beraspek sosial lingkungan dengan tujuan ekonomi.…”

Environmental Innovation Model with Product and Outcomes Dimension of Green Kampung in Surabaya City

“…These three factors are known to underly the emergence of environmental innovation influenced by progress level of an entity's economic interests, either government or industry. Meanwhile, provided government policies in Asia, including Indonesia, are formulated to invest more in economic infrastructure 2 Environmental Innovation Model with Product and Outcomes Dimension of Green Kampung in Surabaya City rather than social and environmental sectors, the industry's capacity will however tend to follow the administrative policies [7]. Furthermore, reports from Asian Development Bank showed the existence of inequality of income obtained by a map of investment expenditure prioritizing economic infrastructure [8].…”

“…This study therefore, aims to test the empirical relationship between green kampung environmental innovation with dimensions of products and outcomes expected to bring benefits, especially in driving continuous ecological development of community's socio-economic non-governmental organization entity. However, if the result of this test is positive, then the phenomenon of hybrid organizations function [13][14][15] prioritizing empowerment of social and economic missions with environmental issues, especially in Surabaya urban kampungs, will oppose many of Martinez's arguments [7].…”