Bottom of the Pyramid as a Source of Breakthrough Innovations

نویسنده

  • C. K. Prahalad
چکیده

In this paper, I identify the bottom of the pyramid (BOP) markets as a new source of radical innovation. By focusing managerial attention on creating awareness, access, affordability, and availability (4As), managers can create an exciting environment for innovation. I suggest that external constraints can be utilized to build an innovation sandbox within which new products and business models can be created. Using a live example of such an innovation—the development of the biomass stove for the rural poor in India—I illustrate the process and the usefulness of the approach. Increasingly, global firms are recognizing the implications of innovations at the BOP for developed markets as well.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Innovation and scaling of ICT for the bottom-of-the-pyramid

Scaling represents successful diffusion that ensures sizeable impact and earnings from ICT innovations in emerging markets. Practice can still be shaped by dualistic views – innovation vs. diffusion, pilot vs. scale-up, lead firm vs. other actors, technical vs. social. Synthesising the literature that challenges these dualities, this paper creates a systemic perspective that is particularly app...

متن کامل

Vodcast: A Breakthrough in Developing Incidental Vocabulary Learning

Incidental vocabulary learning is often seen as superior to direct instruction on many occasions. Meanwhile, upon the emergence of the World Wide Web, second language (SL) learners have been introduced to 'podcasts' (recorded audio and video online broadcasts) which could be authentic sources of vocabulary learning. The relatively recent phenomenon of video podcast (vodcast) might be considered...

متن کامل

A New Synthesis in Search of Synthesizing Agents; Comment on “A New Synthesis”

In a recent editorial in this journal Pierre-Gerlier Forest foretells a coming revolution in health policy based on the synthesis of four conceptual innovations and one technological breakthrough. As much as I agree with the intellectual story told in this editorial I present a more skeptical view of the effect of paradigm shifts on healthcare systems on the ground. I argue that ideas triumph w...

متن کامل

Water Flooding Performance Evaluation Using Percolation Theory

Water flooding is a well-known secondary mechanism for improving oil recovery. Conventional approach to evaluate the performance of a water flooding process (e.g. breakthrough and post breakthrough behavior) is to establish a reliable geological reservoir model, upscale it, and then perform flow simulations. To evaluate the uncertainty in the breakthrough time or post breakthrough behavior, thi...

متن کامل

Nomadicating the Index of Sleep and wakefulness from the Pyramid Creating and Maintaining the Health of Islamic Islamism

Introduction: The present study entitled  Nomadicating  of the sleep and wakefulness index from the source of the creating and maintaining of the health of Islamic baring has been done using a qualitative analytical-descriptive research method based on library studies. Unfortunately, the results indicated that despite the precise and expansive attention that the verses and recommendations of th...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011