Frugal Entrepreneurship: Profiting With Inclusive Growth

Detalhes bibliográficos
Autor(a) principal: Hossain, Mokter
Data de Publicação: 2021
Outros Autores: Sarkar, Soumodip
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10174/35117
https://doi.org/10.1109/TEM.2021.3088589
Resumo: 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.
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spelling Frugal Entrepreneurship: Profiting With Inclusive GrowthFrugal EntrepreneurshipFrugal InnovationInclusive growthFrugal 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.IEEE- Technology Engineering Management Journa2023-05-17T09:17:17Z2023-05-172021-06-29T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10174/35117http://hdl.handle.net/10174/35117https://doi.org/10.1109/TEM.2021.3088589engHossain, M., & Sarkar, S. (2021). Frugal entrepreneurship: profiting with inclusive growth. IEEE Transactions on Engineering Management.https://ieeexplore.ieee.org/abstract/document/9468326/keywords#keywordsndssarkar@uevora.ptHossain, MokterSarkar, Soumodipinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-03T19:38:14Zoai:dspace.uevora.pt:10174/35117Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:23:32.435386Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Frugal Entrepreneurship: Profiting With Inclusive Growth
title Frugal Entrepreneurship: Profiting With Inclusive Growth
spellingShingle Frugal Entrepreneurship: Profiting With Inclusive Growth
Hossain, Mokter
Frugal Entrepreneurship
Frugal Innovation
Inclusive growth
title_short 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_sort Frugal Entrepreneurship: Profiting With Inclusive Growth
author Hossain, Mokter
author_facet Hossain, Mokter
Sarkar, Soumodip
author_role author
author2 Sarkar, Soumodip
author2_role author
dc.contributor.author.fl_str_mv Hossain, Mokter
Sarkar, Soumodip
dc.subject.por.fl_str_mv Frugal Entrepreneurship
Frugal Innovation
Inclusive growth
topic Frugal Entrepreneurship
Frugal Innovation
Inclusive growth
description 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.
publishDate 2021
dc.date.none.fl_str_mv 2021-06-29T00:00:00Z
2023-05-17T09:17:17Z
2023-05-17
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dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10174/35117
http://hdl.handle.net/10174/35117
https://doi.org/10.1109/TEM.2021.3088589
url http://hdl.handle.net/10174/35117
https://doi.org/10.1109/TEM.2021.3088589
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Hossain, M., & Sarkar, S. (2021). Frugal entrepreneurship: profiting with inclusive growth. IEEE Transactions on Engineering Management.
https://ieeexplore.ieee.org/abstract/document/9468326/keywords#keywords
nd
ssarkar@uevora.pt
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dc.publisher.none.fl_str_mv IEEE- Technology Engineering Management Journa
publisher.none.fl_str_mv IEEE- Technology Engineering Management Journa
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