The Role of Social Enterprises in the Silver Economy: Leveraging Health Technology to Address Aging Challenges

Population aging is a significant global phenomenon with profound implications for healthcare systems, economies, and societies. This paper examines the role of social enterprises in addressing the challenges of aging populations through innovative health technologies. It explores how social enterprises adopt models such as platform economies, shared economies, and data-driven healthcare solutions to deliver scalable and cost-effective elderly care services. Successful case studies demonstrate that cross-sector collaborations and advanced technologies like AI, wearable devices, and telemedicine can significantly enhance the quality of life for older adults by enabling personalized, preventive care and promoting independence. However, social enterprises face notable challenges, including limited financial resources, regulatory barriers, and difficulties in scaling technological innovations. Policy support, sustainable funding mechanisms, and digital literacy initiatives for older adults are identified as essential for overcoming these obstacles. This paper concludes by recommending strategies for future development, emphasizing the importance of partnerships, regulatory frameworks, and data-driven innovation in fostering a sustainable and inclusive silver economy. By addressing these areas, social enterprises can contribute to transformative solutions that meet the needs of aging populations globally. The research employs a systematic literature review approach, analyzing recent studies and reports published within the past decade to identify trends, challenges, and opportunities in the intersection of social entrepreneurship, aging, and health technology.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2025-04-18
DOI
https://doi.org/10.54254/2754-1169/2025.22180
Primary Topic
Global Health Care Issues
Type
article
Field-Weighted Citation Impact
0.00
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article

The Role of Social Enterprises in the Silver Economy: Leveraging Health Technology to Address Aging Challenges

Yi Chai
Advances in Economics Management and Political Sciences
Global Health Care Issues
article

The Role of Social Enterprises in the Silver Economy: Leveraging Health Technology to Address Aging Challenges

Yi Chai
article en

Abstract

Population aging is a significant global phenomenon with profound implications for healthcare systems, economies, and societies. This paper examines the role of social enterprises in addressing the challenges of aging populations through innovative health technologies. It explores how social enterprises adopt models such as platform economies, shared economies, and data-driven healthcare solutions to deliver scalable and cost-effective elderly care services. Successful case studies demonstrate that cross-sector collaborations and advanced technologies like AI, wearable devices, and telemedicine can significantly enhance the quality of life for older adults by enabling personalized, preventive care and promoting independence. However, social enterprises face notable challenges, including limited financial resources, regulatory barriers, and difficulties in scaling technological innovations. Policy support, sustainable funding mechanisms, and digital literacy initiatives for older adults are identified as essential for overcoming these obstacles. This paper concludes by recommending strategies for future development, emphasizing the importance of partnerships, regulatory frameworks, and data-driven innovation in fostering a sustainable and inclusive silver economy. By addressing these areas, social enterprises can contribute to transformative solutions that meet the needs of aging populations globally. The research employs a systematic literature review approach, analyzing recent studies and reports published within the past decade to identify trends, challenges, and opportunities in the intersection of social entrepreneurship, aging, and health technology.

Advances in Economics Management and Political SciencesVol. 172(1)
Nankai University (CN)
Openalex Percentile: Top 87%
Global Health Care Issues
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