Social innovation systems refer to interconnections in the development, diffusion, and utilization of new methods for addressing social issues and challenges. Stronger social innovation ecosystems facilitate better diffusion of ideas to tackle issues, resulting in improved citizens’ welfare. This in turn contributes to productivity growth. A strong innovation ecosystem fosters entrepreneurship, business creation, and expanded […]
Businesses today must strike a balance between meeting end-users’ requirements and minimizing the environmental impacts of their operations. With increasing carbon emissions, consumer awareness, stringent regulations on disclosing efforts to mitigate climate change, and global competition, enterprises need to strengthen their triple bottom lines of quality, profitability, and environmental protection. The APO conceptualized GP in […]
Since launching the APO-AB in 2018, seven CBs have been accredited and five NPOs or their affiliated organizations are in various stages of development to become CBs. The role of the APO-AB has become more significant in catering to needs of CBs so that they remain abreast of the latest CB standards compatible with international […]
Regulatory sandbox mechanisms are special forms of experimental regulations allowing for the creation of specific legal regimes for new products and services, enabling experiments with their practical usage within certain restrictions. Among member economies, these mechanisms have been implemented in the ROC, Fiji, India, Indonesia, Malaysia, Japan, the ROK, the Philippines, Singapore, Sri Lanka, Thailand, […]
Numerous internal and external factors such as risk management, regulations, brand image, consumer demand, and innovation motivate large businesses to work with suppliers to improve business operations, integrate sustainability principles, and foster innovation to design ecofriendly products and services. Greening of supply chains calls for developing and implementing GSC programs, collaborative partnerships with vendors, and […]
The OECD-FAO Agricultural Outlook 2023–2032 reported increased demand for imported dairy products in Asia. This trend is driven by economic and population growth, with India and Pakistan being the key drivers. In addition, the strong growth in global dairy consumption is also expected in Southeast Asia. However, traditional dairy farming in most Asian countries remains […]
Introduced by the late King of Thailand Bhumibol Adulyadej in the height of Thailand’s economic crisis in 1997, the sufficiency economy is a philosophy based on the fundamental principles of Thai culture. It is a method of economic development based on moderation, prudence, and social immunity which uses knowledge and virtue as guidelines for living. […]