TY - JOUR
T1 - From outsider to insider
T2 - A Western SME's journey to inclusive innovation in a base-of-the-pyramid market
AU - Mortazavi, Sina
AU - Raatikainen, Markus
AU - Hiltunen, Esa
AU - Teplov, Roman
AU - Väätänen, Juha
AU - Gabrielsson, Mika
N1 - Publisher Copyright:
© 2024 The Authors
PY - 2024/11/4
Y1 - 2024/11/4
N2 - This study provides an in-depth look at how small- and medium-sized enterprises (SMEs) in the healthcare sector can enter a Base-of-the-Pyramid (BoP) market and foster inclusive innovation (ININ), an innovation meant to offer growth in BoP communities. The study stems from the intersection of internationalization and BoP literature by exploring how companies can internationalise and gain insidership in a BoP market through ININ. This qualitative case study uses primary and secondary data from a Finnish SME and non-governmental organization (NGO) to understand how this partnership led to inclusive expansion into Kenya. This study resulted in a conceptual framework for SME internationalisation through ININ. The findings identify challenges, including a lack of trust and market knowledge, the need for operational and financial adaptation, and antecedents, such as market exploration, partnership, and community inclusion. The study highlights the importance of collaboration with NGOs and suggests five propositions for further research.
AB - This study provides an in-depth look at how small- and medium-sized enterprises (SMEs) in the healthcare sector can enter a Base-of-the-Pyramid (BoP) market and foster inclusive innovation (ININ), an innovation meant to offer growth in BoP communities. The study stems from the intersection of internationalization and BoP literature by exploring how companies can internationalise and gain insidership in a BoP market through ININ. This qualitative case study uses primary and secondary data from a Finnish SME and non-governmental organization (NGO) to understand how this partnership led to inclusive expansion into Kenya. This study resulted in a conceptual framework for SME internationalisation through ININ. The findings identify challenges, including a lack of trust and market knowledge, the need for operational and financial adaptation, and antecedents, such as market exploration, partnership, and community inclusion. The study highlights the importance of collaboration with NGOs and suggests five propositions for further research.
KW - 512 Business and Management
KW - Base of the pyramid
KW - Case study
KW - Inclusive innovation
KW - Insidership
KW - NGOs
KW - SMEs
UR - http://www.scopus.com/inward/record.url?scp=85208075352&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2024.115042
DO - 10.1016/j.jbusres.2024.115042
M3 - Article
AN - SCOPUS:85208075352
SN - 0148-2963
VL - 186
JO - Journal of Business Research
JF - Journal of Business Research
M1 - 115042
ER -