1st Edition

Social Innovation of New Ventures Achieving Social Inclusion and Sustainability in Emerging Economies and Developing Countries

    178 Pages 14 B/W Illustrations
    by Routledge

    178 Pages 14 B/W Illustrations
    by Routledge

    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.

    Part 1. Social Innovation in Emerging Economies and Developing Countries. Chapter 1. Social Innovation in Emerging Economies and Developing Countries, Hans Lundberg, Marcela Ramírez-Pasillas and Vanessa Ratten. Chapter 2. Finance for Social Innovation in Emerging Economies and Developing Countries, Riccardo Tipaldi, Rosalia Santulli and Carmen Gallucci. Chapter 3. Fostering Corporate Social Innovation through Sustainable Entrepreneurial Ecosystems in Developing Countries, José Manuel Saiz-Álvarez, Delia Lizette Huezo-Ponce and Jesús Manuel Palma-Ruiz Part 2. Social and Sustainable Innovation in the Americas. Chapter 4. Enabling Sustainable Innovation for Social Change: The Positive Deviance Approach, Victoria Konovalenko Slettli and Arvind Singhal. Chapter 5. Social Innovation in Indigenous Communities in Latin America, Mario Vázquez-Maguirre and Selene Islas-Calderón. Chapter 6. Social and Solidarity Economy and Social Innovation: An Option to Sustain Life and Dignify Living Conditions in Mexico and Argentina, Leïla Oulhaj. Chapter 7. A Solidarity Economy Framework to Social Innovation in the Fourth Sector in Mexico, Mildred Daniela Berrelleza Rendón. Chapter 8. The Role of Social Remittances in Promoting Innovation and Transformative Societal Change: The Case of a Honduran Diaspora Knowledge Network, Ingrid Fromm, Ricardo Cortez Arias, Luis Carlo Bulnes and Allan Discua Cruz Part 3. Entrepreneurial Resourcefulness and Bricolage in South Asia. Chapter 9. Understanding Social Entrepreneurs’ Resourcefulness in Resource-Constrained Environments, Rida Ijaz and Mark Edwards. Chapter 10. Understanding Enablers of Entrepreneurial Resourcefulness and Social Innovations in the Informal Economic Space, Khizran Zehra and Mattias Nordqvist. Chapter 11. Defying all Odds: Bricolage and Women Entrepreneurship in Rural Areas of Bangladesh, Anup Banerjee


    Marcela Ramírez-Pasillas is Assistant Professor at the Centre for Family Entrepreneurship and Ownership (CeFEO), and the Media, Management and Transformation Center (MMTC), Jönköping International Business School, Jönköping University, Sweden.

    Vanessa Ratten is Associate Professor of Entrepreneurship and Innovation at the Department of Management, Sport and Tourism, La Trobe University, Australia.

    Hans Lundberg is Senior Lecturer at the School of Business and Economics, Linnaeus University, Kalmar and Växjö, Sweden and Associate Professor/Scientific Leader of EDESI Business School, Universidad Iberoamericana, Mexico City, Mexico.

    "Social innovation has become a popular concept for those trying to improve the world. This book offers a better understanding of the role of social innovation in new ventures in the context of emerging economies and developing countries. How is social innovation defined? Why is it considered useful and how does it relate to sustainability and entrepreneurship? How is contemporary social innovation being fostered? How to trigger new and lasting solutions to the most troubling social problems of our time? These are some of the questions that this powerful and relevant book tries to highlight and bring to the discussion generating value for the whole society."– João J. Ferreira, Associate Professor, University of Beira Interior, Portugal

    "There is a great need for improved knowledge on social Innovation in different geographical and socio-economic settings. This book provides valuable insights into the dynamics of social inclusion and sustainability in emerging economies and developing countries."Malin Lindberg, Full Professor, Luleå University of Technology, Sweden

    "Social innovation has begun to be a very important topic in our era as a global society, more significant when it comes to impacts in the Americas and South Asia, where sustainable development is so important. This book offers a different perspective, presents through its various chapters, how social innovation is creating value in society and becomes a key driver of business success."– Consuelo García-De-la-Torre, EGADE Tec de Monterrey

    "It is a very much needed book in the academic world, since it offers new insights into the processes of social innovation in various emerging economy contexts. It is a great read for scholars at different stages of their career path: for PhD students beginning their work in the area of social innovation but also for more advanced scholars looking for novel theoretical perspectives. A definite must read and must study for every scholar from developed countries. The book itself, with the focus on emerging economies context and interest in informal activities, is thereby part of minority and is very inclusive, thereby showing how many novel research opportunities there are in this field."Marzena Starnawska, PhD, Program Chair for EURAM SIG Entrepreneurship, Assistant Professor Faculty of Management University of Warsaw