Panel | New Public-Private Dynamics
Innovation is one of the key drivers for private companies to live long-term. Innovation can take the shape of new products, new systems or new business models. With the increased role of Business in the social arena and development, Innovation can also be an amazing tool to address social issues and further countries’ development. A lot of companies have tried to develop Innovations that could for example help address malnutrition, improve health access or increase living standards of populations. This Panel aims to address what are some of the key Innovation examples (products, distribution, systems…) that businesses or public-private partnerships have put in place and that have allowed to significantly create a social improvement and helped countries’ development.
Every day, we create 2.5 quintillion bytes of data — and over 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. The availability of data on human behavior is quickly changing how decisions are made in the public sector and in development contexts. This panel will discuss how Big Data is expected to affect the future of public policy and how can policy makers leverage it in achieving development goals?
Today more than ever, the future of sustainable development is being linked to the emergence of a vibrant private sector in developing countries. As this aspect of development gains greater and greater attention, governments and development practitioners will be increasingly challenged to look at policies that enable the risk takers of the world, and countries and foreign investors will be benefiting from such a paradigm shift. Taking the example of the US foreign investor, how are they able to be a catalyst for local private sector development and what policies or programs have been put in place to support them? What is the role of the US business as a development actor?