A review and theoretical framework on inclusive innovation

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Science Research Management ›› 2015, Vol. 36 ›› Issue (9) : 11-18.

Xing Xiaoqiang¹, Zhou Jianghua², Tong Yunhuan³

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Abstract

Inclusive innovation is a special type of innovation oriented to the low-income market. It can create economic return as well as social value by alleviating or even eradicating poverty, promoting realization of inclusive growth. Considering the huge difference between low-income market and high-end market in terms of market participants, institutional environment and infrastructure, inclusive innovation needs the new ways of thinking, models and properties in comparison with the traditional innovation. Based on the characteristics of recipients and environmental conditions of inclusive innovation, this paper summarizes relevant researches in perspectives of marketing, strategy, institution and organization, and furthermore proposes some effective policies,providing preferences and guidelines for future research and policy making.

Key words

inclusive innovation / base of the pyramid market / poverty alleviation / inclusive growth

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Xing Xiaoqiang, Zhou Jianghua, Tong Yunhuan. A review and theoretical framework on inclusive innovation[J]. Science Research Management. 2015, 36(9): 11-18

References

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