This book provides insights into how new ventures in emerging economies
and developing countries generate social innovation. It showcases new
forms of business and how they are different from traditional business
models. With increasing drive for innovation in emerging markets and
lack of knowledge of how these markets work, this book enriches existing
literature by looking at how such businesses in developing economies
break new ground in a daunting, resource constrained environment. The
book examines successful individual entrepreneurs, social relationships,
product innovation, processes, systems and markets through cases. It
navigates across key theoretical elements including individual
initiative-taking, agency, and opportunity contexts.
This book will be a useful reference to understanding the dynamics of
new ventures in emerging markets and how they fuel social innovation and
sustainable development.