Value capture and value creation: The role of information technology in business models for frugal innovations in Africa

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Periodical article

Title:	Value capture and value creation: The role of information technology in business models for frugal innovations in Africa
Authors:	Howell, Rachel Beers, Cees P. van Doorn, Neelke
Year:	2018
Periodical:	Technological Forecasting and Social Change (ISSN 0040-1625)
Volume:	131
Period:	June
Pages:	227-239
Language:	English
Geographic term:	Subsaharan Africa
Subjects:	information technology frugal innovation
External link:	https://doi.org/10.1016/j.techfore.2017.09.030
Abstract:	Bringing value to end consumers is one of the main challenges for businesses in emerging markets. This paper examines the role of information technology (IT) advancements in frugal innovation and in influencing new business models to bring frugal innovations within reach of the poor. A thorough review of theoretical concepts of business models and their applicability to the Bottom-of-the-Pyramid (BoP) literature and frugal innovation is given.