Philips Electronics—Improving Health and Well-Being at the Base of the Pyramid

Since the publication of the first edition of this groundbreaking book, the recognition has been growing that businesses are an essential part of solutions to kick-start emerging and developing economies. Increasingly, we are also seeing practical examples of win-win situations where development of communities and value creation for companies go hand in hand. Of course, as a representative of the business community, I very much welcome this change of heart.

But even with business now accepted as a partner in the efforts to achieve a more just and sustainable world, the tasks remain daunting. Still, our world is characterized by a clear divide between those who have ...

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