Social Innovation and New Business Models

Creating Shared Value in Low-Income Markets

By:

Laura Michelini

Format:

Paperback / softback

Series:

Springerbriefs in Business

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Description

Extreme poverty continues to afflict the world, and it requires urgent action. Social innovation can be the driving force to spark change and to find common ground for shared value creation, particularly when it is directed at low-income markets. Leading companies have recently developed innovative forms of social innovation by combining three elements - the concept of shared value creation, the theory of the fortune at the bottom of the pyramid, and a corporate social entrepreneurship approach - which they use to enter low-income markets by helping to solve global challenges while simultaneously generating profits.The book identifies the main forms of social innovation: social business models, social products and social communication strategies. Further, it shows how companies can successfully implement social innovation and presents new forms of social business models that can be used to target low-income markets. Finally, the book presents key success factors related to the social product innovation process and corresponding communication.

Author Biography:

Laura Michelini is Assistant Professor in Business Organization at the LUMSA University of Rome. She is also Visiting Professor and teaches the course “Corporate Social Responsibility” at ISCEM University of Lisbon. She has worked for several years in UNICEF Italy, where she was in charge of managing profit/not-for-profit partnership. Her current research and teaching interests involve issues in corporate social responsibility, ethical marketing and innovation management.

Release date NZ

August 7th, 2012

Author

Laura Michelini

Audience

Professional & Vocational

Illustrations

15 Illustrations, black and white; X, 80 p. 15 illus.

Pages

Series

Springerbriefs in Business

Dimensions

156x234x4

ISBN-13

9783642321498

Product ID

20709086

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