IMD Annual Report 2019

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Research The Center’s research currently investigates social innovation across four thematic lines: • Impact Investing and Venture Philanthropy • Social Entrepreneurship • Material issues and Environmental, Social & Governance (ESG) • Social Innovation (General) Professor Vanina Farber is currently co-editor of special issue of the Journal of Business Ethics on Impact Investing – Critical Examinations of Motivations, Processes and Results. Research fellow, Patrick Reichert, was awarded an Outstanding Doctoral Research Award from EFMD/ Emerald Publishing in the finance category and the ODS Sanjaya Lall Prize for the best article published in twoannual volumesof OxfordDevelopment Studies .

Social innovation creates novel solutions to benefit global society by addressing social and environmental needs more efficiently and effectively than current policies and businesses. Social innovation

embodies a mindset driven by purpose and openness to develop solutions that allow excluded people to participate in the economy while conserving and replenishing natural capital.”

Vanina Farber Director, IMD elea Center for Social Innovation, elea Chair for Social Innovation