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Social Innovation and New Business Models - Creating Shared Value in Low-Income Markets (Paperback, 2012 ed.)
Loot Price: R1,769
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Social Innovation and New Business Models - Creating Shared Value in Low-Income Markets (Paperback, 2012 ed.)
Series: SpringerBriefs in Business
Expected to ship within 10 - 15 working days
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Extreme poverty continues to afflict the world, and it requires
urgent action. Social innovation can be the driving force to spark
change and to find common ground for shared value creation,
particularly when it is directed at low-income markets. Leading
companies have recently developed innovative forms of social
innovation by combining three elements - the concept of shared
value creation, the theory of the fortune at the bottom of the
pyramid, and a corporate social entrepreneurship approach - which
they use to enter low-income markets by helping to solve global
challenges while simultaneously generating profits.The book
identifies the main forms of social innovation: social business
models, social products and social communication strategies.
Further, it shows how companies can successfully implement social
innovation and presents new forms of social business models that
can be used to target low-income markets. Finally, the book
presents key success factors related to the social product
innovation process and corresponding communication.
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