CORPORATE CITIZENSHIP MATTERS Philanthropy: Focus on Innovation, Governance, and Technology | The Conference Board
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 


CORPORATE CITIZENSHIP MATTERS Philanthropy: Focus on Innovation, Governance, and Technology

This article is based on: Mark Dodgson and David M. Gann, Philanthropy, Innovation and Entrepreneurship: An Introduction (Palgrave Macmillan, 2020).

Philanthropy can be a powerful driver of innovation and social progress, yet it can also fail to deliver on expectations and have detrimental social consequences. In our view, a crucial role for philanthropy is as an accelerant for innovation and willingness to take on more risk than is conventional for the field; philanthropy should encourage creativity, experimentation, prototyping, and testing, and it should be tolerant of failure. We contend that all philanthropic giving, from foundations and corporations alike, can learn from the approaches of innovators and entrepreneurs. Employed in this way to improve societal welfare and well-being, it avoids many of its criticisms. To make this contribution, philanthropic giving needs to follow good governance and seize opportunities provided by new digital technologies.

To get complimentary access to this publication click "Read more" to sign in or create an account.

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.




Global Horizons

Global Horizons

March 23 - 25, 2021