Frugal Entrepreneurship: Profiting With Inclusive Growth

<p dir="ltr">Frugal entrepreneurship (FE) is increasingly considered an important change-maker in emerging markets, serving the unmet market needs of the poor. However, we lack an understanding of who the protagonists of the FE are, their constraints, drivers, and outcomes . Using an...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Mokter Hossain (14634969) (author)
مؤلفون آخرون: Soumodip Sarkar (8625693) (author)
منشور في: 2021
الموضوعات:
الوسوم: إضافة وسم
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author Mokter Hossain (14634969)
author2 Soumodip Sarkar (8625693)
author2_role author
author_facet Mokter Hossain (14634969)
Soumodip Sarkar (8625693)
author_role author
dc.creator.none.fl_str_mv Mokter Hossain (14634969)
Soumodip Sarkar (8625693)
dc.date.none.fl_str_mv 2021-06-29T00:00:00Z
dc.identifier.none.fl_str_mv 10.1109/tem.2021.3088589
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Frugal_Entrepreneurship_Profiting_With_Inclusive_Growth/24038991
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Business systems in context
Strategy, management and organisational behaviour
Economics
Applied economics
Iron
Entrepreneurship
Technological innovation
Interviews
Data collection
Sustainable development
Standards
Frugal entrepreneurship (FE)
Frugal innovation (FI)
Inclusive growth
Institutional voids
Resource constraints
dc.title.none.fl_str_mv Frugal Entrepreneurship: Profiting With Inclusive Growth
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Frugal entrepreneurship (FE) is increasingly considered an important change-maker in emerging markets, serving the unmet market needs of the poor. However, we lack an understanding of who the protagonists of the FE are, their constraints, drivers, and outcomes . Using an inductive research approach with multiple cases, we build a framework that explains constraints, drivers, and outcomes of the FE. We identify three types of constraints—resource, institutional, and scale-up constraints. FEs’ creation process involves an innovative approach and institutional support as drivers. Unlike conventional firms, the study points out the duality of outcomes of FEs—business growth and inclusive growth. Despite many constraints, FEs demonstrate proven success in providing affordable products for low-income customers and show a way of profiting with inclusive growth. Our article makes several contributions along with both theoretical and practical implications.</p><h3>Other Information</h3><p dir="ltr">Published in: IEEE Transactions on Engineering Management<br>License: <a href="https://creativecommons.org/licenses/by/4.0/legalcode" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1109/tem.2021.3088589" target="_blank">https://dx.doi.org/10.1109/tem.2021.3088589</a></p>
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network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/24038991
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spelling Frugal Entrepreneurship: Profiting With Inclusive GrowthMokter Hossain (14634969)Soumodip Sarkar (8625693)Commerce, management, tourism and servicesBusiness systems in contextStrategy, management and organisational behaviourEconomicsApplied economicsIronEntrepreneurshipTechnological innovationInterviewsData collectionSustainable developmentStandardsFrugal entrepreneurship (FE)Frugal innovation (FI)Inclusive growthInstitutional voidsResource constraints<p dir="ltr">Frugal entrepreneurship (FE) is increasingly considered an important change-maker in emerging markets, serving the unmet market needs of the poor. However, we lack an understanding of who the protagonists of the FE are, their constraints, drivers, and outcomes . Using an inductive research approach with multiple cases, we build a framework that explains constraints, drivers, and outcomes of the FE. We identify three types of constraints—resource, institutional, and scale-up constraints. FEs’ creation process involves an innovative approach and institutional support as drivers. Unlike conventional firms, the study points out the duality of outcomes of FEs—business growth and inclusive growth. Despite many constraints, FEs demonstrate proven success in providing affordable products for low-income customers and show a way of profiting with inclusive growth. Our article makes several contributions along with both theoretical and practical implications.</p><h3>Other Information</h3><p dir="ltr">Published in: IEEE Transactions on Engineering Management<br>License: <a href="https://creativecommons.org/licenses/by/4.0/legalcode" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1109/tem.2021.3088589" target="_blank">https://dx.doi.org/10.1109/tem.2021.3088589</a></p>2021-06-29T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1109/tem.2021.3088589https://figshare.com/articles/journal_contribution/Frugal_Entrepreneurship_Profiting_With_Inclusive_Growth/24038991CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/240389912021-06-29T00:00:00Z
spellingShingle Frugal Entrepreneurship: Profiting With Inclusive Growth
Mokter Hossain (14634969)
Commerce, management, tourism and services
Business systems in context
Strategy, management and organisational behaviour
Economics
Applied economics
Iron
Entrepreneurship
Technological innovation
Interviews
Data collection
Sustainable development
Standards
Frugal entrepreneurship (FE)
Frugal innovation (FI)
Inclusive growth
Institutional voids
Resource constraints
status_str publishedVersion
title Frugal Entrepreneurship: Profiting With Inclusive Growth
title_full Frugal Entrepreneurship: Profiting With Inclusive Growth
title_fullStr Frugal Entrepreneurship: Profiting With Inclusive Growth
title_full_unstemmed Frugal Entrepreneurship: Profiting With Inclusive Growth
title_short Frugal Entrepreneurship: Profiting With Inclusive Growth
title_sort Frugal Entrepreneurship: Profiting With Inclusive Growth
topic Commerce, management, tourism and services
Business systems in context
Strategy, management and organisational behaviour
Economics
Applied economics
Iron
Entrepreneurship
Technological innovation
Interviews
Data collection
Sustainable development
Standards
Frugal entrepreneurship (FE)
Frugal innovation (FI)
Inclusive growth
Institutional voids
Resource constraints