The companies working to better society and the planet are creating their own economy, but it’s up to us–and our governments–whether or not they succeed.
Imagine the world if we were able to double, triple, or even quadruple the number of problem solvers, the diversity of solutions, and the scale of social impacts.
Imagine if every government emulated NASA and opened up its toughest challenges for the world to solve.
Imagine if thousands more investors built off a patient- capital approach, sharing early-stage funding risk to sow the seeds of dignity and wealth.
Imagine if tens of millions of citizens started building better city blocks and other supportive communities; if every multi-billion- dollar company became a double- or triple-bottom-line business and directed resources to solving society’s problems.
Imagine if the number of social enterprises tripled and thousands of them had the size and scale to spread their innovations across continents.
We’ve started down the road to such a world. The solution revolution is a reality–and it’s growing. This growth, however, is uneven. It’s flourishing in the United States, the United Kingdom, India, Australia, parts of Africa, and in pockets of Europe. In whole regions of the world, however, the developments described in this book are still quite immature.
CULTIVATING A SOLUTION ECONOMY
The reason is simple: the solution economy grows to fill the space it’s given, and certain regions offer habitats more hospitable for a robust solution economy than others. Their governments provide room for creativity, their businesses embrace new measures of value, and their investors trust alternative currencies of return.
What accelerates the solution economy? What constrains it? Consider two European neighbors: France and the United Kingdom. In the United Kingdom, both Conservative and Labor governments have actively nurtured the social sector for more than a decade. The result is a large and rapidly growing economy of problem solvers and a changing role for government. Instead of shouldering almost sole responsibility for delivery, government increasingly catalyzes solutions. The United Kingdom has fewer civil servants today than at any time in the past seventy years, despite a population increase of 300 percent over the same period. Moreover, the country has experienced a rapid growth in civil society–a 40 percent increase in new charities and a doubling of large charities between 1995 and 2005.
The Latest Bing News on:
Solution Economy
- Deconstructing a Circular Economy for Building Materialson May 8, 2024 at 9:50 pm
Construction companies, recyclers, manufacturers, and local governments gathered at the Circular Economy Development Center’s recent stakeholder meeting ...
- Philipsburg discusses community and economic developmenton May 8, 2024 at 3:13 pm
Pa.’s Department of Community and Economic Development (DCED) came to Philipsburg to hear the needs of the community and offer potential solutions — one of which being to raise taxes. There were ...
- Lawmakers agree to draft legislation on insurance solutions for childcare providerson May 8, 2024 at 2:48 pm
After months of hearing from childcare providers about changes they want to see in order to stay open and recruit more staff to address statewide shortages, the Economic Affairs Interim Committee ...
- Proposed ban on book bans in Minnesota is a solution in search of a problemon May 8, 2024 at 7:48 am
PEN America attests, as has Walz, that such classics as Anne Frank’s diary, “Of Mice and Men,” “The Color Purple” and “To Kill a Mockingbird” have been “banned.” That would be very troubling indeed!
- CMC Networks launches cloud solution across Africaon May 8, 2024 at 6:55 am
CMC Networks, a global Tier one service provider, has launched its CMC Cloud solution to deliver high-performance edge computing across Africa. CMC Cloud is an Infrastructure as a Service (IaaS) ...
- We Have a Housing Crisis. This New Jersey Town Has a Solution.on May 8, 2024 at 6:55 am
New York City is home to the country’s largest economy, but its suburbs are almost all zoned for single-family homes. That lack of development has resulted in a severe housing s ...
- Net Zero Goals Intertwine With A Viable Circular Economy, Says Sustainability Tech Experton May 6, 2024 at 7:50 am
As global industries outline net zero targets, AspenTech's Sustainability Head Rasha Hasaneen says such moves ought to be meaningfully intertwined with circularity.
- Maintaining Digital Yuan Stability: Challenges and Solutionson May 6, 2024 at 1:15 am
The Digital Yuan, China’s central bank digital currency (CBDC), has emerged as a significant innovation in the realm of digital finance. As the world transitions towards a more digital economy, the ...
- Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economyon May 5, 2024 at 9:55 am
The CEO of US-based crypto exchange Coinbase is optimistic that layer-2 scaling solutions will transform the crypto economy.
- No recession in 2023, but what will 2024 bring? Here's what economic indicators tell uson May 5, 2024 at 6:00 am
We break down GDP, unemployment and personal income metrics in New York and what these numbers tell us about our economy.
The Latest Google Headlines on:
Solution Economy
[google_news title=”” keyword=”Solution Economy” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]
The Latest Bing News on:
Diversity of solutions
- 2024 Director of the Year Awards Honor Exemplary Board Leadershipon May 8, 2024 at 9:43 am
Three individuals plus two complete boards of directors were honored this past Tuesday with Director of the Year Awards (DOYA).
- Researchers search for solutions to construct a comprehensive workforceon May 8, 2024 at 9:40 am
At the perimeter of any construction site, you will find large fences designed to keep construction materials in and danger out. But those aren't the barriers that keep more people from joining the ...
- Women in Security Profile: ‘We are far from solving the diversity problem in this industry,’ says Shawn Ruddoon May 8, 2024 at 8:17 am
Shawn Ruddo challenges other women in the security industry to get involved with an initiative that helps support women’s growth.
- May 8 - Current Edge Solutions Participates in Burns & McDonnell’s Community of Inclusion and Equity Symposiumon May 8, 2024 at 1:30 am
Current Edge Solutions President Mike Joyner recently participated as a speaker at Burns & McDonnell’s first Community of Inclusion and Equity Symposium. Burns & McDonnell, a ...
- NightDragon, Cisco, WWT Partner with NPower to Drive Talent Diversity in Cyber Industryon May 7, 2024 at 10:00 pm
Organizations are committed to raising awareness for closing the talent gap and increasing diversity within the cybersecurity industry ...
- The strategic advantage of authentic relationship-building in the eastern Idaho business communityon May 7, 2024 at 9:33 pm
In the fast-paced world of business, the term "networking" is often thrown around, but the deeper, more impactful concept of authentic relationship building is what truly drives sustainable ...
- MIT no longer requiring diversity statements from prospective facultyon May 7, 2024 at 7:18 am
The Massachusetts Institute of Technology (MIT) announced Monday it no longer will require diversity statements from prospective faculty. The school said the decision was directed by ...
- Report: The State of Diversity, Equity, Inclusion and Belonging in Life Scienceson May 7, 2024 at 7:11 am
BioSpace's third report on diversity, equity, inclusion and belonging in life sciences examines dramatic shifts in attitude around diversity initiatives.
- Diversity, Equity and Inclusion Newson May 3, 2024 at 8:22 am
Ranked by 2023 P/C premiums written at local office Ranked by Staff Showcase your company news with guaranteed exposure both in print and online Healthcare remains a big business in the Triangle ...
- Changes to University of Utah's diversity policies coming into focus; potential impact still unclearon May 2, 2024 at 10:03 am
The University of Utah has released preliminary details of some of the changes to its equity, diversity and inclusion policies, as required by HB261, approved by lawmakers this year.
The Latest Google Headlines on:
Dversity of solutions
[google_news title=”” keyword=”diversity of solutions” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]