An article titled "Redefining Corporate Success: From 'Profit Maximization' to 'Co-beneficial Ecology'" co-authored by Professor Zhaoli MENG, Associate Director of the Center for Technology and Business Ecosystem, and Professor Kai-Lung HUI, Acting Dean of HKUST Business School and Director of the Center for Technology and Business Ecosystem, was published in the October/November issue of Harvard Business Review China and credited with the 2025 Annual Special Award by the magazine.
This article proposes the "Ecosystem Value Logic" to explain how corporations can shift from "profit maximization" to " co-beneficial ecology", achieving a dual return of business growth and social progress through systemic synergy. The article emphasizes that this shift is not merely a slogan-based ethical change, but an inevitable result of structural changes in the business ecosystem. As the article argues, in this new era of digitalization and interconnectivity, corporate success is not just about creating profits, but also about creating possibilities that enable more people, more organizations, and more ecosystems to prosper together.
You may read this article on the website of Harvard Business Review China: https://www.hbr-caijing.com/#/article/detail?id=481721