Strategies For Creating Value in Base of the Pyramid Markets: Evidence From a Field Experiment in India

Funded Research Proposal

In contexts with high poverty, impact-driven for-profit firms often take market-based approaches to drive inclusive growth while being financially sustainable. Even with the alignment between “doing well” and “doing good” that these firms supposedly seek to achieve, successful business strategies in these contexts have been associated with breadth of reach (reaching maximum number of beneficiaries) with little or no attention to depth of reach (repeated engagement with each beneficiary). However a focus on breadth alone may lead to tunnel vision when it comes to social impact. This paper draws the distinction between the two approaches and examines their implications for the outcomes for the different actors involved in BoP markets– the organization, its agents and the end beneficiaries. Read More

Jack of All Trades or Master of One: Specialization vs. Generalization in Business Models for Social Impact

Funded Research Proposal

We examine the assumptions that underlie our understanding of profit maximizing firms and test whether product/service scope has different implications for social impact creation. This has both theoretical and practical implications for business model innovation that aims to deliver both financial and social value.Read More

Resilience at the Base of the Pyramid: Technology Access and Entrepreneurial Strategy in Indian Micro-Ventures

Funded Research Proposal

Micro-ventures in emerging economies are often highly vulnerable to shocks. They neither have the slack resources nor a supporting organization structure to buffer them from disruptions. Academic enquiry into the response and resilience of such enterprises in emerging economies is fairly limited. In this paper, we examine how new digital technologies affect the learning and adaptation process of these ventures.Read More