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Innovation for Inclusive Growth: Towards a Theoretical Framework and a Research Agenda
Authors:Gerard George  Anita M McGahan  Jaideep Prabhu
Institution:1. Imperial College London;2. University of Toronto;3. University of Cambridge
Abstract:Inclusive innovation, which we define as innovation that benefits the disenfranchised, is a process as well as a performance outcome. Consideration of inclusive innovation points to inequalities that may arise in the development and commercialization of innovations, and also acknowledges the inequalities that may occur as a result of value creation and capture. We outline opportunities for the development of theory and empirical research around this construct in the fields of entrepreneurship, strategy, and marketing. We aim for a synthesis in views of inclusive innovation and call for future research that deals directly with value creation and the distributional consequences of innovation.
Keywords:developing countries  growth  innovation  poverty alleviation  social inclusion
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