Relevant bibliographies by topics / Base of the (economic) Pyramid

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Academic literature on the topic 'Base of the (economic) Pyramid'

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Published: 6 September 2023

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Journal articles on the topic "Base of the (economic) Pyramid"

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Hsiung, Bingyuang. "The Concept of Relativity and Economic Theorizing*." Journal of Interdisciplinary Economics 13, no. 4 (April 2002): 351–70. http://dx.doi.org/10.1177/02601079x02001300401.

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The discipline of economics can be viewed as a pyramid, with the subject matter as its base and the analytical approach its upper part. It is argued that the pinnacle of the pyramid is the concept of relativity. The concept provides a unifying theme for various economic inquiries, and thus can be seen the starting point for economic theorizing in general.
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Claeyé, Frederik, Yosra Boughattas, and Erno T. Tornikoski. "Formation of Social Entrepreneurial Intention: A Qualitative Grounded Approach at the Base of the Pyramid." Administrative Sciences 12, no. 1 (February 6, 2022): 24. http://dx.doi.org/10.3390/admsci12010024.

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While there have been some attempts at investigating and theorizing social entrepreneurial action at the base of the economic pyramid, our understanding of the processes contributing to the formation of social entrepreneurial intention in contexts of extreme poverty remain limited. In this study, we aim to address this gap by providing a better understanding of the formation of social entrepreneurial intentions of youths at the base of the economic pyramid. Drawing on a qualitative grounded approach, we highlight the role of self-confidence, perceived self-efficacy and social ascension beliefs as important drivers in understanding the formation of social entrepreneurial intention of youths at the base of the pyramid. At a practical level, our study suggests that besides developing entrepreneurship-specific knowledge, support mechanisms should also pay attention to the development of different self-related beliefs of youths to enable the formation of social entrepreneurial intention at the base of the pyramid.
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Maestre-Matos, Marcela, Jahir Lombana-Coy, Francisco J. Mesías, and Ahmed Elghannam. "Institutional Factors That Affect Inclusive Businesses: The Case of Banana Cooperatives in the Magdalena Region (Colombia)." International Journal of Rural Management 17, no. 1_suppl (March 20, 2021): 69S—96S. http://dx.doi.org/10.1177/0973005221991603.

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Inclusive business as a model at the base of the pyramid is a relatively recent unit of study in academic literature. From the institutional perspective, businesses are affected by norms, processes, rules of moral and ethical behaviour, which have not been studied for the base of the pyramid in inclusive businesses, much less in agricultural cooperatives. The objective of this research is to identify institutional factors that can affect agribusiness inclusive models. In this research, agricultural cooperatives of banana production in the province of Magdalena, Colombia, are the unit of analysis to identify institutional factors. The method of review of institutional factors is the multiple cases (six banana cooperatives) with a simple unit using inductive analysis. The results show that institutional factors—both formal (certifications, quality standards, social responsibility policies and economic incentives) and informal (cooperation, improvement of quality of life, generation of social capital)—promote the development of inclusive businesses in cooperatives of the base of the pyramid. The research is a first step to show its potential replication in other agricultural industries and even in other economic sectors.
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Khadilkar, Pramod. "Formulating the Design Scope for the Base of the (Economic) Pyramid." Design Issues 33, no. 2 (April 2017): 4–17. http://dx.doi.org/10.1162/desi_a_00436.

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Base of the (economic) Pyramid (BoP) represents a population living under severe resource constraint s. Design for BoP has crucial responsibility of achieving the well-being through fulfillment of specific needs. At BoP, design has to shoulder this additional responsibility due to absent or severely constrained mechanisms to translate the functional product into well-being. This paper proposes a design scope for the BoP using normative approach from developmental economics, and then compares it with the pervasive product centric scope. Author defines product centricity as a design scope that considers resultant product as sufficient outcome of design and evaluates the extent of product centricity in prevalent design approaches.
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Thakur, Rakhi. "Community marketing: serving the base of the economic pyramid sustainably." Journal of Business Strategy 36, no. 4 (July 20, 2015): 40–47. http://dx.doi.org/10.1108/jbs-04-2014-0041.

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Purpose – The purpose of this paper is to acknowledge the importance of community networks in distribution of services and to present a conceptual framework outlining the antecedents and consequences of community marketing. Developing countries represent large untapped markets at the bottom of economic pyramid which is not serviced by conventional products using traditional marketing channels. Organisations are increasing looking at involving local community and broad range of partners called “Community Marketing” in this paper as a viable channel to expand their market by reaching out to this segment. Design/methodology/approach – The methodology for this paper involves in-depth study of the relevant literature on role of community networks and highlighting the noteworthy findings of other researchers. Although role of community networks has been widely studied in consumer goods, little has been researched on services. The study draws from cases of mobile financial services in India to develop a framework. Findings – The findings include the conceptual framework and the pre-requisites for adoption of community marketing for achieving business sustainability. Originality/value – This paper presents the framework and the steps pertaining to community marketing that can be adopted by organisations to reach out to a large under-served market at the base of economic pyramid. This paper synthesises extant knowledge on the subject and provides a foundation for future research by building a discussion on construct’s domain and developing research propositions.
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Adegbile, Abiodun, and David Sarpong. "Disruptive innovation at the base-of-the-pyramid." critical perspectives on international business 14, no. 2/3 (May 8, 2018): 111–38. http://dx.doi.org/10.1108/cpoib-11-2016-0053.

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Purpose The authors aim to examine the potential opportunities and challenges multinationals operating in Africa are likely to encounter when they seek to pioneer disruptive innovations at the base of the pyramid (BoP) in African emerging markets. Design/methodology/approach Drawing on the extant literature on the BoP, disruptive innovation and the African business context, the authors explore the pioneering of disruptive innovations in the African socio-economic context. Findings This study develops various hypotheses to extend our understanding of disruptive innovations at the BoP. The authors also delineate potential managerial and institutional challenges multinational corporations (MNCs) are likely to encounter in their efforts to pioneering disruptive innovations for BoP customers in African emerging markets. Practical implications The authors develop some recommendations for MNCs on how to create and capture value from disruptive innovations in African emerging markets Originality/value The authors delineate African context-specific managerial and institutional challenges that MNCs might encounter when seeking to develop disruptive innovation at the BoP.
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Anderson, Jamie, and Niels Billou. "Serving the world's poor: innovation at the base of the economic pyramid." Journal of Business Strategy 28, no. 2 (March 6, 2007): 14–21. http://dx.doi.org/10.1108/02756660710732611.

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Deb, Sadrita, and Subhojit Sengupta. "What makes the base of the pyramid susceptible to investment fraud." Journal of Financial Crime 27, no. 1 (January 2, 2020): 143–54. http://dx.doi.org/10.1108/jfc-03-2019-0035.

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Purpose Dubious investment schemes by unlisted companies are alluring individual investors at the base of the pyramid to invest money and lose them. The purpose of the abstract is to identify the factors that induce the people at base-of-pyramid (BoP) to invest in fraudulent schemes. Design/methodology/approach Open-ended interviews of people at the BoP from areas in and around Kharagpur town in West Bengal were conducted. Through open coding, codes, categories and themes were generated. Findings Interpersonal trusts form the central feature of investment fraud. The personal relationship among the community members helps these schemes thrive. False hopes of higher returns within a short span combined with constraints of accessing banking services is another motivation for the people at the base of the pyramid to fall prey to these schemes. With limited education, they find these investment avenues convenient providing scope to the perpetrators of fraud to exploit them. To curb these dubious schemes to flourish and exploit the people at the BoP, financial inclusion on a large scale is required. Moreover, the government should take steps to educate the mass at the base of the pyramid. Originality/value This study offers new insights on the victims of investment fraud in India those belonging to the economically weak groups and lower income groups comprising together as the BoP) of the society.
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Paras, Manoj Kumar, Daniel Ekwall, and Rudrajeet Pal. "Developing a framework for the performance evaluation of sorting and grading firms of used clothing." Journal of Global Operations and Strategic Sourcing 12, no. 1 (February 18, 2019): 82–102. http://dx.doi.org/10.1108/jgoss-11-2017-0047.

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PurposeThis paper aims to propose a framework for evaluating the performance of reverse value chain activities in the clothing industry operating at base of the pyramid. Specifically, the research explores firm and supply chain factors influencing clothing reverse value chain activities with a focus on developing economies.Design/methodology/approachThe study adopted an explorative technique using direct observations and semi-structured interviews to collect information from eight companies and two traders. Internal resources and value chain capabilities were examined using theoretical underpinnings of resource-based view, transaction cost economics and base of the pyramid.FindingsThe paper identified multiple benefits of offshoring reverse value chain activities to the developing countries (at the base of the pyramid). Low operation cost, skilled manpower, business knowledge and location are found to be internal success factors. While favourable government legislation and domestic recycling markets are important external factors contributing to the success. Developing economies such as India contribute to firm performance by integrating, transforming, acquiring and co-creating the resources at base of the pyramid. Further, it was found that to achieve higher assets specificity, a few companies have opened their own shops in African countries, while others have opened sourcing branches in Canada or the USA to ensure good quality of raw materials. Collaboration and coordination among different value chain partners minimise cost and increases profitability. Innovation in the process such as clothes mutilation for recycling has created new business opportunities.Research limitations/implicationsInformation was collected from only eight organisations and two traders from India. Future scholars may extend the research to generalise the findings by documenting similar phenomena.Practical implicationsThe proposed framework can serve a basis for the practitioners to evaluate firm performance, and the insights can be used to achieve sustainability by engaging producers, employees, consumers and community using base of the pyramid approach.Originality/valueThe study provides unique insights into the prevalent export and re-exports phenomena of used clothing. The resource-based view, transaction cost economics and base of the pyramid strategy underpinned together to develop a framework for understanding reverse value chain activities of clothing.
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Solon, Florentino S. "Developing a National Training Pyramid." Food and Nutrition Bulletin 18, no. 2 (January 1997): 1–4. http://dx.doi.org/10.1177/156482659701800214.

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The training pyramid is a system with designated levels corresponding to types of training needed for personnel in a national nutrition programme. Each proportional level refers to the type, purpose, and content of training and the category of individuals to be trained. Level III, the upper part of the pyramid, is intended for a few professionals with master's or doctoral degrees who deal with macronutrition issues and the solution of nationwide nutrition problems through policies, programmes, macroplanning, and legislative action. Short-term training periods provide skills in studying and formulating national policies to solve malnutrition problems and translate research results into policies for the benefit of the population. Training at level II is intended to develop the research capability of professionals to undertake studies for use in formulating national policies, plans, and programmes. This level of training provides knowledge and skills in research design, information technology, statistics, identifying research needs, developing research proposals, planning and managing research activities, and comprehensively communicating technical information and results to policy makers, legislators, macroplanners, programme planners, managers, and implementers. Short courses on laboratory procedures, new methods, and use of the latest equipment should be included. Level I, the base of the pyramid, is for training professionals to translate national policies and macroplans, including research findings, into community-based programmes and projects appropriate to the existing political, economic, and socio-cultural situation. This level of training focuses on efficient and effective programme implementation and management.
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Dissertations / Theses on the topic "Base of the (economic) Pyramid"

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Beaty, Chantell Ramaun. "Business Leaders Marketing to Bottom-of-the-Pyramid Consumers in Nigeria." ScholarWorks, 2016. https://scholarworks.waldenu.edu/dissertations/2711.

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Business leaders often leave more than half of the world's population the bottom of the pyramid (BOP), a $5-trillion market of potential consumers untapped for products and services on account of failing to see BOP markets as profitable for business, yet business leaders who have managed inclusive BOP marketing in Nigeria have experienced profit margins as high as 120%. The purpose of this multiple case study was to explore strategies of business leaders who market to BOP consumers in Nigeria and maintain a profit. The study population consisted of 3 business leaders in the Dallas and Fort Worth metropolitan area who marketed to BOP consumers in Nigeria and maintained a profit. The conceptual framework that grounded the study was BOP marketing theory. Data were collected through semistructured in-depth interviews and company documents, with member checking implemented to strengthen creditability and trustworthiness. Based on the methodological triangulation of the data sources collected, 3 emergent themes were identified following 5 stages of data analysis. The themes were (a) maintain low profit margins in marketing essential items to the BOP in Nigeria, (b) maintain high profit margins in marketing to the non-BOP in Nigeria, and (c) market scaled-down products to the BOP in Nigeria. The findings from this study may contribute to social change by providing insights and strategies for business leaders seeking to prepare for and sustain profitability. The data from this study may contribute to higher profit margins for business leaders as well as job placement and entrepreneurship opportunities for the communities of Nigeria.
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Barki, Edgard Elie Roger. "Distribution strategies for the base of the pyramid: an exploratory study in Brazil." reponame:Repositório Institucional do FGV, 2010. http://hdl.handle.net/10438/4484.

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Made available in DSpace on 2010-04-20T20:08:14Z (GMT). No. of bitstreams: 1 71060100730.pdf: 1696550 bytes, checksum: 2ab1fb226ddf72ebf4f0005759bf9cd2 (MD5) Previous issue date: 2010-02-24T00:00:00Z
Access has been one of the main difficulties companies have faced in emerging markets (PRAHALAD, 2005). The capillarity of the market, the existence of small, not professionalized and sometimes informal retailers, the lack of infrastructure and high transportation costs are some of the distribution challenges companies face in poorer regions. The literature concerning the Base of the Pyramid (BoP) is still recent and only after the seminal article by Prahalad and Hart (2002), it evolved into many different management perspectives. However, there is a lack of researches concerning distribution strategies to the BoP. Therefore, the main objective of this research is to identify, in the perception of executives working in the market, the conditions associated to a satisfactory distribution for the BoP market in Brazil and to build a substantive theory that helps to shed light to the understanding of the distribution phenomenon adopted by consumer goods companies to reach the BoP market in Brazil. In order to accomplish the objectives of this thesis, a grounded theory methodology (Glaser; Strauss, 1967; Corbin; Strauss, 2008) was used. This approach helped to identify the channel strategies used by local and global companies in the market. Many techniques for data collection were applied. The most important one was in-depth interviews with 26 executives from 24 different consumer goods companies in Brazil. Among the companies there were small, medium and large enterprises; which were also grouped as manufacturers, distributors and retailers. Furthermore, secondary data were examined to identify business strategies to reach BoP and map global distribution initiatives. A database from a consumer panel was also used to analyze what and where BoP consumers purchase non-durable goods. It was verified that small and traditional retailing is a very strong format in BoP markets and in the Northern/Northeastern regions. Cash & Carry is a format that is growing a lot. On the other hand, hypermarkets are not very used by low income population. The results suggest that three major categories are associated to a satisfactory distribution: (a) willingness, which means the effort, knowledge and enthusiasm a firm has to operate at BoP markets; (b) well-done execution, which is related to designing correctly the marketing channel and operating efficiently in an environment full of obstacles, such as lack of infrastructure, capillarity, lack of safety, regional differences and informality, and (c) relationship, which was perceived to be friendlier and essential at BoP markets, since it is very difficult for manufacturers to reach the entire market alone. It is more likely to have a satisfactory distribution when manufacturers establish strong relationships in the marketing channel. Besides, small retailers have a perception of isolation and expect a higher level of relationship. These major categories explain also the competitive advantage that local companies have in relation to MNCs and large companies. Despite of the limitations of an exploratory study, it is expected that this thesis will contribute to the BoP knowledge as well as to the identification of the peculiarities of distribution in BoP markets.
Acesso tem sido uma das maiores dificuldades que as empresas tem enfrentado em mercados emergentes (PRAHALAD, 2005). Alguns dos desafios de distribuição que as empresas enfrentam em regiões mais pobres são a capilaridade do mercado, a existência de varejistas pequenos, não profissionalizados e por vezes informais, a falta de infra-estrutura e os altos custos de transporte. A literatura relacionada à base da pirâmide (BoP) é ainda recente e apenas após o artigo seminal de Prahalad e Hart (2002), que o assunto evoluiu em diversas perspectivas em negócios. No entanto, ainda há uma lacuna em estudos relacionados a estratégias de distribuição para a base da pirâmide. Assim sendo, o principal objetivo deste estudo é identificar, na percepção de executivos que trabalham no Mercado, as condições associadas a uma distribuição satisfatória para o Mercado da Base da Pirâmide no Brasil e construir uma teoria substantiva que apóie o entendimento do fenômeno da distribuição para a base da pirâmide de empresas de bens de consumo no Brasil. Para atingir os objetivos deste trabalho, foi utilizada a metodologia da Grounded Theory (Glaser; Strauss, 1967; Corbin; Strauss, 2008). Esta metodologia ajudou a identificar as estratégias de canal utilizadas por empresas locais e globais. Várias técnicas de coleta de dados foram utilizadas. A mais importante foi a realização de entrevistas em profundidade com 26 executivos de 24 empresas diferentes de bens de consume no Brasil. Dentre estas empresas havia pequenas, medias e grandes organizações; que também foram agrupadas em fabricantes, distribuidores e varejistas. Além disso, dados secundários foram analisados para identificar estratégias de negócios e mapear iniciativas globais de distribuição. Um banco de dados de um painel de consumidores foi utilizado para analisar o que e onde os consumidores da base da pirâmide comparam bens não-duráveis. Foi verificado que o pequeno varejo tradicional é um formato muito importante para a Base da Pirâmide e nas regiões Norte e Nordeste. Cash & carry é um formato que está crescendo bastante. Por outro lado, hipermercados não são muito utilizados pela população de baixa renda. Os resultados sugerem que três categorias principais estão associadas a uma distribuição satisfatória: (a) Interesse em atuar na Base da Pirâmide, que significa o esforço, comprometimento, conhecimento e entusiasmo de uma empresa em atuar na Base da Pirâmide; (b) execução, que está relacionada ao correto desenho da estrutura de canais e em uma operação eficiente em um ambiente repleta de obstáculos, tais como falta de infra-estrutura, capilaridade, insegurança, diferenças regionais e informalidade, e (c) relacionamento foi percebido como sendo mais amigável e essencial na base da pirâmide, dada a dificuldade dos fabricantes em acessar o mercado todo sozinhos. É mais provável estabelecer-se uma distribuição satisfatória quando os fabricantes possuem relacionamentos estreitos com o canal de marketing. Além disso, pequenos varejistas tem a percepção de isolamento e possuem a expectativa de um maior nível de relacionamento. Apesar das limitações de um estudo exploratório, espera-se que esta tese contribua para o conhecimento na Base da Pirâmide e na identificação das peculiaridades existentes na distribuição de produtos de bens de consumo para a Base da Pirâmide.
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Ericson, Johannes. "Marketing Services in Emerging Economies : A case study of a base of the pyramid initiative in Kenya." Thesis, Umeå universitet, Handelshögskolan vid Umeå universitet, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-44835.

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Schreurs, Zoë, and Agnes Allgén. "Entrepreneurship in Sub-Saharan Africa : Achieving impactful local outcomes through partnerships." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-448358.

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Governments at the bottom of the pyramid are putting an increasing amount of trust inthe private sector to help build infrastructure and alleviate poverty. Therefore, finding better ways to support local entrepreneurial initiatives is crucial. Corporations and organisations alike are starting BoP initiatives to help with these challenges, yet knowledge of how these challenges can best be solved remains underdeveloped. It is suggested that creating shared value through partnerships between corporations and the BoP can help alleviate poverty as well as benefit the corporation. In sharing knowledge and resources with the BoP, corporations can also help develop the entrepreneurial ecosystem in BoP regions. Research regarding entrepreneurial ecosystems in the BoP or the workings of partnerships within BoP markets such as the Sub-Saharan African BoP is scarce. Through a thematic study of perspectives on entrepreneurship and partnerships from three different stakeholder groups active in the Sub-Saharan African BoP market, this study seeks to add to the existing body of literature on entrepreneurial ecosystems and partnerships in BoP markets. Our findings suggest that partnerships between entrepreneurs and corporations could help mitigate some ofthe challenges entrepreneurs face, provided the stakeholders have shared goals and commitment to achieve impactful and mutually beneficial results. Currently, these goals appear to be slightly misaligned.
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Venn, Ronald [Verfasser], and Nicola [Akademischer Betreuer] Berg. "Partnering for Sustainable Value Creation : Conceptual and Empirical Analyses of Co-Creation in Cross-sector Social Partnerships at the Base of the economic Pyramid / Ronald Venn. Betreuer: Nicola Berg." Hamburg : Staats- und Universitätsbibliothek Hamburg, 2015. http://d-nb.info/1078408955/34.

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Tomeo, Foncuberta Tomás. "La relevancia del mercado de la base de la pirámide en la economía mundial. Empresas privadas y nuevos modelos de negocio." Doctoral thesis, Universitat de Barcelona, 2011. http://hdl.handle.net/10803/35758.

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La tesis tiene como objetivo general argumentar, la relevancia, para las empresas privadas, del mercado de la Base de la Pirámide (BdP en adelante) en la economía mundial. Aunque será desarrollado posteriormente, por el término BdP se entiende el segmento de la población configurado por los mercados de rentas más bajas del mundo (con ingresos anuales inferiores a $3.000). Queda configurado aproximadamente por unos 4.000 millones de personas. En cuanto a las hipótesis de trabajo, se destacan las siguientes: - La tesis argumenta que el mercado de la BdP es una opción estratégica importante y novedosa para las empresas privadas que adopten nuevos modelos de negocio adecuados a la realidad local. - La tesis argumenta el papel relevante que adquieren las empresas privadas en la imbricación de los países de la BdP en el comercio mundial originando, de esta manera, un círculo virtuoso compuesto por la apertura comercial, el desarrollo económico y la reducción de la pobreza. Por tanto, las condiciones económicas globales futuras condicionarán las hipótesis realizadas en torno a la BdP. ¿Es posible que el mercado de la BdP se imbrique, a través de la entrada de las empresas privadas que adopten nuevos modelos de negocio, en el comercio mundial de forma notoria y sostenible? Para responder a la pregunta planteada, la citada investigación se estructura en siete partes fundamentales que se corresponden con los capítulos de la tesis: - Capítulo A: Introducción, en el que se introduce la actual crisis económica global, el concepto de la BdP y su contexto internacional. - Capítulo B: Revisión de la literatura, en el que se narra la teoría sobre la fortuna en la BdP y sus críticas. - Capítulo C: Países de la BdP y países emergentes: indicadores económicos y sociales, deuda y comercio de alimentos, donde se destaca, a través de la comparación y del análisis de algunos indicadores económicos y sociales, el potencial de los países de la BdP para implicarse cada vez más en el comercio mundial. - Capítulo D: Los mercados de alimentos y agua en la BdP, donde se destaca que existen 1.000 millones de personas desnutridas en el mundo actualmente, 40.000 niños mueren diariamente por hambre y 900 millones de personas en el mundo carecen de agua potable. - Capítulo E: Círculo virtuoso, donde se estudia la existencia de un círculo virtuoso, activado por la inversión extranjera directa derivada de la entrada de la iniciativa privada en el mercado de la BdP. En concreto, en dicho capítulo se analiza la relación entre la apertura comercial de los países de la BdP, el desarrollo económico y la reducción de la pobreza. - Capítulo F: Ejemplos de empresas en la BdP, el cual trata 15 ejemplos de empresas que interactúan con el mercado de la BdP, tanto multinacionales como empresas más locales. - Capítulo G: Diferentes modelos de negocio con distintos resultados en el mercado de la BdP: Hindustan Unilever Limited y Nike, Inc. El objetivo del análisis es detallar los modelos de negocio que adoptaron las citadas empresas, resaltando los aspectos diferenciales de los mismos, tales como las características de sus proyectos, sus productos, el sistema de distribución y sus estrategias de marketing y alianzas estratégicas.
THESIS SUMMARY: “THE SIGNIFICANCE OF THE MARKET IN THE BASE OF THE PYRAMID IN THE WORLD ECONOMY. PRIVATE COMPANIES AND NEW BUSINESS MODELS” TEXT: The thesis aims to argue the relevance to private companies of the market for the Base of the Pyramid (BoP from now on) in the global economy. Although it will be further developed, by BoP it is meant the population segment configured by the lowest-incomes (with annual incomes below $ 3,000). It is set up of approximately 4,000 million people. The working hypotheses that can be highlighted are the following: - The thesis argues that the BoP market is a strategically new and important option for private companies to adopt new business models adapted to their local reality. - It argues the important role that acquires private companies in the development of the BoP countries in world trade. It will originate a virtuous circle composed of trade liberalization economic development and reduction of poverty. Is it possible that the BoP market pushes forward, through the entrance of private companies that may adopt new business models in global trade in a visible and sustainable way? In order to answer the question, the research must be divided in 7 main parts which also correspond to the chapters of the thesis: - Chapter A: Introduction, which introduces the current global economic crisis, the concept of BoP and its international context. - Chapter B: Literature review, which relates the theory of fortune in the BoP and its critics. - Chapter C: BoP countries and emerging countries: economic and social indicators, debt and trade of foods, which highlights, through comparison and analysis of economic and social indicators, the potential of countries in the BoP to become increasingly involved in global trade. - Chapter D: Food and water markets in the BoP, where it is detailed that there are more than 1.000 million people malnourished at present, 40.000 children die every day because of hunger and 900 million people do not have drinkable water. - Chapter E: The virtuous circle, where we study a standing virtuous circle, triggered by foreign direct investment arising from the the entrance of private sector in the BoP market. • - Chapter F: Some examples of BoP companies, it deals with 15 examples of companies that interact with the BoP markets, both multinational and local ones. - Chapter G: Different business models with different results in the BoP market: Hindustan Unilever Limited and Nike, Inc.
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Sutter, Christopher J. "Knowledge Transfer in Base of the Pyramid Markets." The Ohio State University, 2013. http://rave.ohiolink.edu/etdc/view?acc_num=osu1366200889.

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Kay, Ethan Jeremy. "Playing with fire : an MNC's inability to translate its market logic in a culturally complex exchange setting in rural India." Thesis, University of Oxford, 2012. http://ora.ox.ac.uk/objects/uuid:c35eb4e5-71c9-466a-9420-0b4c7d0679db.

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This dissertation describes the manner by which a multinational corporation (MNC) enacts a market-based logic with a locally embedded partner in a complex and unfamiliar operating setting to fulfil both business and social objectives. It examines a hybrid partnership between BP, an MNC, and SSP, a rural Indian non-governmental organisation (NGO). Together, the organisations trained rural women, who were affiliated with SSP, as agents to distribute and sell BP’s ‘smokeless’ cookstoves and fuel pellets to households who cook on smoky firewood stoves. The research draws on two theories—neo-institutional organizational theory and real markets theory—to examine the process by which logics are aligned across partners and projected and translated into the rural Indian exchange setting. It constructs a four-actor model (MNC, NGO, agent, customer) to explore the exchange relationships between the actors at the meso- and micro-levels. At the meso-level, it explains how the MNC and NGO’s non-aligned logics, asymmetric power dynamics, and lack of mutual trust contribute to the venture’s failure. In addition, the NGO was so determined to succeed as a professional, market-driven, channel partner that it shed part of its identity as a civil advocacy organisation and adopted mainstream commercial practices that were not sensitive to the needs of its local stakeholders. At the micro-level, the partners did not come to a common understanding with the agents regarding the cultural challenges they faced marketing the stove. Moreover, the marketing strategy glossed over the multi-layered social relationships and culinary, behavioural, and religious practices that needed to be translated for the technology to meet the needs of consumers. Using gritty ethnographic data, the dissertation highlights a challenge that large, foreign companies face when entering ‘Base of the Pyramid’ markets, namely the inconsistency between the MNC’s market logic and the wider associational logics that motivate village agents and customers.
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Millington, Nadia. "Ambisinisterity, success traps and the base of the pyramid." Thesis, London School of Economics and Political Science (University of London), 2015. http://etheses.lse.ac.uk/3380/.

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The failure to simultaneously explore and exploit (i.e. achieve ambidexterity) continues to present an ongoing challenge for Multinational Corporations (MNCs). Here, exploration involves “experimentation with new alternatives” and exploitation, “refinement and extension of existing competencies, technologies and paradigms”. This problem is particularly acute for MNCs exploring disenfranchised/poverty prone segments (such as the Base of the Pyramid), whilst exploiting existing strongholds in wealthier segments of emerging market contexts. Yet there continues to be a dearth of academic scholarship on this phenomenon. This thesis aims to address this gap. It comprises two sections - The first section presents a systematic review of ambidexterity failure literature (referred to as ambisinisterity), which is then paired with insights from institutional theory to examine factors that account for MNC failure, specifically within low munificence emerging market contexts. The second section investigates one theoretical perspective within the ambisinisterity tradition, viz. a success trap. Fundamentally, a success trap refers to the tendency of an organisation to overspecialise in exploitation at the expense of exploration. This thesis examines this theory from the countervailing perspective of exploration under-adaptation and draws on a longitudinal inductive qualitative single case study of XXX India’s Healthcare Division to develop theoretical insights. My findings illustrate that exploration under-adaptation in emerging markets results from the dynamic interplay of accelerated learning and divergence mechanisms. Should these processes not be constrained and monitored with like rigour, MNC failure to explore in resource-constrained environments will continue to confound Top Management Teams.
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Vunder, Fontana Kadri. "Sales Channels for Targeting Base-of-Pyramid Markets in India." kostenfrei, 2008. http://www.unisg.ch/www/edis.nsf/wwwDisplayIdentifier/3486.

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Books on the topic "Base of the (economic) Pyramid"

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Afurika BOP bijinesu: Shijō no jittai o miru = Base of the economic pyramid. Tōkyō: Jetoro, 2010.

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Prabhu, Kandachar, and Halme Minna, eds. Sustainability challenges and solutions at the base of the pyramid: Business, technology and the poor. Sheffield, UK: Greenleaf Pub., 2008.

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Faivre-Tavignot, Bénédicte. Social Business and Base of the Pyramid. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2015. http://dx.doi.org/10.1002/9781119261193.

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Arnold, Marlen Gabriele, Judy N. Muthuri, and Ximena Rueda. Base of the Pyramid Markets in Affluent Countries. Edited by Stefan Gold. 1 Edition. | New York : Routledge, 2021. |: Routledge, 2021. http://dx.doi.org/10.4324/9780429423512.

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Fajardo, Ximena Rueda, Marlen Gabriele Arnold, Judy N. Muthuri, and Stefan Gold. Base of the Pyramid Markets in Latin America. London: Routledge, 2021. http://dx.doi.org/10.4324/9780429424168.

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Qureshi, Israr, Babita Bhatt, and Dhirendra Mani Shukla, eds. Sharing Economy at the Base of the Pyramid. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8.

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Hahn, Rüdiger. Multinationale Unternehmen und die „Base of the Pyramid“. Wiesbaden: Gabler, 2009. http://dx.doi.org/10.1007/978-3-8349-8216-2.

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Praceus, Sarah. Consumer Innovation at the Base of the Pyramid. Wiesbaden: Springer Fachmedien Wiesbaden, 2014. http://dx.doi.org/10.1007/978-3-658-05105-1.

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author, Hütte Edgar, ed. Strategic challenges for the base of the pyramid. Cheltenham, UK: Edward Elgar, 2014.

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Lee, Samuel P. Strategic briefing on the base of the pyramid (BoP). Cambridge, Mass: John F. Kennedy School of Government, 2010.

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Book chapters on the topic "Base of the (economic) Pyramid"

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Derera, Evelyn. "Women’s economic empowerment and agricultural value chain development." In Base of the Pyramid Markets in Africa, 166–96. New York : Routledge, 2020. | Series: Innovation and sustainability in base of the pyramid markets: Routledge, 2020. http://dx.doi.org/10.4324/9780429424175-10.

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Gutiérrez, Roberto. "Leadership, organisational alignment, and partnerships against economic exclusion." In Base of the Pyramid Markets in Latin America, 67–86. London: Routledge, 2021. http://dx.doi.org/10.4324/9780429424168-6.

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Qureshi, Israr, Babita Bhatt, and Dhirendra Mani Shukla. "Overview of Sharing Economy at the Base of the Pyramid." In Sharing Economy at the Base of the Pyramid, 1–23. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_1.

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Attri, Pardeep Singh, and Hari Bapuji. "Digital Discrimination in Sharing Economy at the Base of the Pyramid." In Sharing Economy at the Base of the Pyramid, 221–47. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_10.

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Aditi and Nalin Bharti. "Sharing Economy in India: Looking Base of the Pyramid Through Critical Infrastructure." In Sharing Economy at the Base of the Pyramid, 173–96. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_8.

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Hota, Pradeep Kumar, Shouxiang Qiu, and Babita Bhatt. "Ethitrade: Countering Challenges of Sharing Economy at the Base of the Pyramid Using Technology." In Sharing Economy at the Base of the Pyramid, 283–99. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_12.

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Nungsari, Melati, and Hui Yin Chuah. "Participation in the Sharing Economy for Refugees in Malaysia: A Solution that Bypasses Legal Constraints?" In Sharing Economy at the Base of the Pyramid, 127–47. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_6.

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Qureshi, Israr, Babita Bhatt, and Dhirendra Mani Shukla. "Sharing Economy at the Base of the Pyramid-Research Framework and Future Directions." In Sharing Economy at the Base of the Pyramid, 337–49. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_15.

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Pillai, Vinay, Meet Pandey, and Babita Bhatt. "Social Sustainability at the BOP Through Building Inclusive Social Capital: A Case Study of Drishtee." In Sharing Economy at the Base of the Pyramid, 301–18. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_13.

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Qiu, Shouxiang, Zhejing Xu, and Babita Bhatt. "The Sharing Economy Platforms in Rural China: Bridging Institutional Voids Through Institutional Entrepreneurship." In Sharing Economy at the Base of the Pyramid, 75–99. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2414-8_4.

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Conference papers on the topic "Base of the (economic) Pyramid"

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Markopoulos, Evangelos, Hugo Rourke, and Hannu Vanharanta. "The Scandinavian Democratic Governmental Support Model for Start-Ups and Innovations (SDeGMSI)." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1001528.

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Regional and national development has always been impacted with the synchronisation of the public and the private sector. The growth of privately owned enterprises contributes significantly to the national economy, employment and prosperity, but also to the national pride, brand name and reputation for further investments to be made in a country. Therefore the support of the public sector to the development of the private sector is mandatory for the public sector to keep its private sector and avoid a catastrophic brain drain. Scandinavia is one of the regions with remarkable achievements in innovation, science, technology and economy compared to its size, as league of nations and population with other countries or regions. This paper attempts to identify the main elements of the unique Scandinavian government business policy formula for innovation startup success, particularly in Sweden and Finland, which has been key in creating a region with an incredibly high density of “unicorns” (BN$ companies per capita), second to Silicon Valley.The paper has used a research methodology which is based on primary research taking the form of interviews and surveys, along with secondary research based on existing academic literature.The research conducted in this paper identifis and analyses tax structures, government favors, human resource bases, public private partnerships, social safety nets, venture capital and investment infrastructures, R&D investments, and business support systems available to entrepreneurs of the Scandinavian countries. Having identified such key elements, the paper propose a more globally applicable public sector model for the support and encouragement of startups, and business innovation. The model named Scandinavian Democratic Governmental Support Model for Start-Ups and Innovations (SDeGMSI) is based on the practices of Scandinavian governments, while also accounting factors such as cultural values, performance of local economies, and demographic characteristics. The democratic concept in the development of this model is supported by the Company Democracy Model, another Scandinavian innovation management model, and is critical for the fair and unbiased support of the government to all the organizations and startups that can demonstrate significant and valuable intellectual capital for the economy and the society. SDeGSISM is characterized by its triple-pyramid for public support of startups and Innovation and can be used to help develop more internationally competitive economies through the establishment of a series of publicly enforced innovation supports and changes to the business environment. The three interrelated pyramids of the model represent the levels of support provided by the government to start-ups (reversed pyramid 1), the types of organisations across which said support is distributed (pyramid 2), and the impact that support, once applied to start-ups, should have on an economic level (reversed pyramid 3). The pyramids, organised by volume of support provided, disruptive potential of businesses, and scale of impact, respectively, provide an indication and an assessment on how governments are aligned with the Nordic model for entrepreneurial support.Furthermore, structures, practices and metrics available in the model support the creation of more dynamic economies which favor market development and disruption over the continued market dominance of incumbents. The “market-favoring” economies which this model seeks to both encourage and foster are more conducive to economic dynamism and create greater opportunities for investors, as cycles of market disruption increases the potential for widespread returns.The paper indicates limitations on the proposed model and identifies areas of further research for future development and applications.
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Ross, Rachel, Katherine Rouen, and Jesse Austin-Breneman. "Extending Lead User Theory to Participatory Co-Design: A Case Study in a Base of the Pyramid Context." In ASME 2018 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2018. http://dx.doi.org/10.1115/detc2018-86009.

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New product development (NPD) presents a number of challenges to engineering teams designing for the base of the economic pyramid (BoP). Existing design methods may not be appropriate for the unique operating context. In response to these differences, product design teams and researchers have turned to participatory design as an approach to designing with people in emerging communities to address the main failure mode identified in past BoP projects, namely the misidentification of user needs. Past research and experience has demonstrated that identifying users to engage in participatory co-design is challenging and effectively selecting the right user is critical for a successful project. This study examines whether Urban and Von Hippel’s Lead User Theory could be effective in NPD processes for BoP markets. This work explores extending Lead User Theory to participatory co-design projects in a BoP context using a case study of an improved cook stove design in Gujarat, India. A comparison of themes drawn from qualitative analysis of stakeholder interviews to Von Hippel’s Lead User Theory illustrates possible changes to the lead user concept to account for the BoP context. Results suggest that being “ahead of trend” is not critical to participatory co-design success. An extended model which includes an expanded definition of expected benefit, design communication skills, and access to user preferences through a social network could help identify “lead users” for participatory co-design projects in BoP contexts.
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Klymchuk, Oleksandr. "Specification of the use of technological indicators of bioenergy crops for efficient biofuels production." In Conferinta stiintifica internationala "Strategii si politici de management in economia contemporana", editia VII. Academy of Economic Studies of Moldova, 2023. http://dx.doi.org/10.53486/icspm2022.31.

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The paper identifies current problems of stable energy supply and use of energy resources, the solution of which largely determines the level of the country's socio-economic development, and substantiates the possibilities for more fully using the existing production potential of the agro-industrial complex in market conditions. The purpose of the work is to study the variation and correlations between the technological indicators of the main agricultural crops of the bioenergy direction for the formation of a raw material base and ensuring the efficient production of biofuels in Ukraine. To achieve the goal and highlight these problems, scientific publications, materials from periodicals and statistical yearbooks of Ukraine were used. The research was carried out using such general scientific methods as dialectical, monographic, variational and correlation analysis, forecasting and abstract-logical. The calculation of the studied indicators indicates the feasibility of expanding the acreage within the framework of scientifically based standards for corn for grain, soybeans, sunflower and rape, while sugar beets, potatoes, corn for silage and green fodder require an increase in productivity levels per unit area to form a raw material base and ensuring competitive biofuels production. Klymchuk's biofuel pyramid was used to establish the modern potential of raw materials. The importance of developing bioenergy is due to increased security of energy supply, a decrease in dependence of the country's economy from the import of non-renewable energy resources, and the agricultural sector from a consumer of fossil fuels will become a mass producer of biofuels with significant potential in the future.
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Schafer, Carson, Richard Parks, and Rahul Rai. "Design for Emerging Bottom of the Pyramid Markets: A Product Service System (PSS) Based Approach." In ASME 2011 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2011. http://dx.doi.org/10.1115/detc2011-47744.

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Multi billion people exist at the bottom of the global economic pyramid (BOP). Increased consumer demand and enormous volume has helped turn these BOP into emerging markets with substantial profit potential. Current approaches for designing product and service solutions for BOP markets are ad-hoc in nature. Product Service Systems (PSS), products intertwined with services, can be highly adaptable to these emerging markets and provide an unique framework for designing solutions in the emerging BOP markets. This paper systematically approaches the problem of designing customized PSSs for emerging markets. The approach is based on results of an empirical study of multiple cases of existing successful products and services designed for BOP markets. As part of the study various cases are analyzed and high level principles for designing PSSs are derived from the empirical data. The utility of the approach is demonstrated through the conceptual design of a healthcare PSS for emerging markets.
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Stegmüller, Sebastian, and Franziska Braun. "The tetrahedron of sustainability design - a 3D framework for the integral and interdisciplinary development of circular economy oriented products." In 5th International Conference on Human Systems Engineering and Design: Future Trends and Applications (IHSED 2023). AHFE International, 2023. http://dx.doi.org/10.54941/ahfe1004138.

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Traditional product design follows three main directions that had to be thought and planned in an integrated way: Desirability, feasibility, and viability. Aspects from user research, technology development and business models must be weighed against each other and to be optimized as holistic concept. For future product design those three dimensions seems to be not sufficient any more as the sustainable impact from products regarding their production, usage and end of life, becomes an important factor in development processes. The so-called circular economy, that describes the goal of a most efficient use of resources and products in closed loops, brings with it totally new requirements for products and their development. Already the traditional innovation design should have been understood as a joint task of market researchers, engineers, business planers and designers, but the arising challenge of the development objectively sustainable products needs that interdisciplinary thinking even more. New frameworks, tools and method that allow the interdisciplinary exchange in an effective way to enable the creation of joint visions and concepts are needed. While the traditional three fields of product design as described by Tim Brown can be showed in two-dimensional frameworks as three overlapping circles, the addition of sustainability as fourth design field needs more complex visualization that brings the different aspects in relation to each other. For solving that task and for creating a new tool as core for interdisciplinary, circular economy oriented design projects, we developed and evaluated a three-dimensional framework – the tetrahedron of sustainability design. The critical aspect of integrating the circular economy as a decision parameter into innovation processes arises through the facts that target conflicts will come up that can not be solved in an easy way as product individual lifetimes must be taken into consideration. Therefore, the main goal of the framework is to motivate discussions of different disciplines and their decisions regarding to the effecting influence on other design fields. It is created as tangible three-dimensional object as anchor point for workshops and individual considerations. The tetrahedron of sustainability designs shows the four fields of future product design as equilateral pyramid with triangular bases, with each design field representing one of the bases. The corners of the pyramid, each closed by three of the design fields, are defined as four main levers of sustainable product concepts. At the top of the pyramid, the central value proposition that can be described as a set of abstract value elements that should be fulfilled by the product, must be thought by reflecting the customers (desirability), the business model (viability) as well as the sustainability effects (integrity). While those first three design fields open up the space of conceptualization, the field at the basement of the pyramid represents the technological realization (feasibility) of the products. It is enclosed by the following corners: The R-Strategies define how circular economy effect should be created, e.g. by recycling, reusing of parts or rethinking of the product functions. Beneath the technical realization. This corner is additionally affected by the understanding of the customer and the sustainability effects. The next corner, the life cycle consideration, describes how a product is produced, used, maintained and how its end of life can be shaped. As well as the technical realization, the design fields of the business model and the sustainability effects are relevant to that corner. The last corner is defined as the degree of servitization what is based on the understanding of innovations as solution-oriented product-service-systems. While the physical parts are described by the technical realization, the business model and the customer wishes affect what product aspects can be realized as additional value-added service or by innovative ownership-models. As last part of the framework six edges have been defined, each located between two design fields and two corners. Those six edges are formulated as concrete decision points and hints for the design process. Starting from the value proposition corner, every three edges of the space of conceptualization lead to one of the tree corners that surround the basement of realization and are influencing the determination of the abstract product concept. Against that, the three edges of the base of realization are formulated as guiding principles for the physical product design. The whole framework, its elements and the way of usage will be explained an defined more in detail in the paper. Furthermore, the framework will be shown and evaluated on an exemplary design project. As example the concrete design project of an electric scooter for young urban generations will be introduced and reflected regarding of the aspects of the framework.
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Schuett, Carsten, and Alexandre Paternoster. "Full Generic Qualification of Nylon 12 Carbon Fiber Composite for Dynamic Thermoplastic Composite Pipe and Hybrid Flexible Pipe Applications." In Offshore Technology Conference. OTC, 2021. http://dx.doi.org/10.4043/31266-ms.

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Abstract Composite structures are used as corrosion insensitive load bearing reinforcement in dynamic Thermoplastic Composite Pipe (TCP) and Hybrid Flexible Pipe (HFP) applications. The qualification of such structures can follow different strategies: product level versus material characterization. DNVGL-ST-F119 proposes a generic knowledge-based approach based on a testing pyramid. The pyramid allows a generic material characterization for a large number of conditions. Testing of dedicated specimens in constant media exposure measures the actual properties and changes of the material. Regression data is obtained for end-of-life properties. Simulations can be conducted using these properties to determine performance of the product in any state and condition and validate any load cases through classical stress combination. The characterization for VESTAPE® Nylon 12 Carbon Fiber thermoplastic composite (CF-PA12) covers all failure mechanisms for matrix, fiber and interface in static, dynamic and stress rupture mode for virgin, fully hydrocarbon saturated and aged to end of life in saturated condition. Each condition assessment is carried out in complete temperature dependency for subzero, room temperature, intermediate and maximum use temperature of 176°F (80°C). Fatigue testing covers runtimes of 106 cycles whereas stress rupture assessment exceeds 12,500h which corresponds to almost 1.5 years. With dense data populations for both regression curves and static test results the coefficient of variation is controlled. All characterization logic and data are analyzed for validity and certified by the official body of the DNV-GL. The material characterization enables simulation of a variety of application designs in predictive engineering and a simplified study is made for a dynamic gas injection jumper to demonstrate relevant occurring load cases. Utilizing all data and approaches allows to define the overall application envelope of the material. For the case of the thermoplastic composite of CF-PA12 it covers static flowlines, dynamic jumpers, service lines up to dynamic risers in sour crude service up to 176°F (80°C). The knowledge-based approach allows for economic design in engineering cases without compromising safety.
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Gordon, Pierce, Mark Fuge, and Alice Agogino. "Examining Design for Development Online: An HCD Analysis of OpenIDEO Using HCD/UCD Metrics." In ASME 2014 International Mechanical Engineering Congress and Exposition. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/imece2014-38751.

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OpenIDEO.com is an online collaborative platform developed to crowd source design talent across the Internet to tackle difficult interdisciplinary problems. Many of their design Challenges have focused upon issues concerning impoverished communities. Challenges include human sanitation solutions, alternatives for serving maternal health issues with mobile technologies, affordable learning tools, and social business models to improve health, and other pressing global quandaries. The platform uses tens of thousands of designers to contribute inspirations and design concepts for product and service-based solutions. The design process uses Human-Centered Design (HCD) techniques to develop interventions for the public and private sectors, in the form of products and services which are catered specifically to users’ needs. These products and services have considerable economic, social, and cultural benefits for firms and customers alike. In fact, the IDEO community has developed a Human-Centered Design (HCD) toolkit that helps designers develop products and services tailored for communities at the base of the pyramid. Although HCD techniques are practiced by IDEO consistently, a collection of larger HCD literature argues for parallel, yet slightly different, metrics of design success, which rarely have a chance to be tested against real-world settings. Fortunately, the rich content of OpenIDEO affords a novel opportunity to study the presence and effectiveness of HCD metrics in practice. By synthesizing seminal texts describing metrics for design thinking, we develop a collection of metrics that use empathetic methods to identify user needs. We then apply qualitative coding methods to find parallel themes between OpenIDEO Challenges that address issues in impoverished communities. Moreover, we use this comparison to answer the following questions: 1) Which, if any, of the HCD characteristics are potential predictors for successful designs? 2) How well do the present themes and metrics of the OpenIDEO design community correlate with metrics of Human-Centered Design? These qualitative methods complement previous quantitative network analyses of the OpenIDEO network, in the hopes of developing benchmarks for HCD methods that successfully cater to user needs.
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Kannan, Subash, Jeansonne Natasha, and Work David. "Agile – A Scrum-Based Approach to Identify and Evaluate Opportunities in a Mature Field." In SPE Annual Technical Conference and Exhibition. SPE, 2022. http://dx.doi.org/10.2118/210199-ms.

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Abstract Agile, a scrum-based project management approach, is typically used in the software development arena, but it also has advantages in the oil and gas industry. This paper demonstrates the feasibility of this project management approach when applied to a full field development evaluation. Using this method for a multi-reservoir evaluation improved the quality and speed of decision making. The Agile process uses the scrum approach – a term borrowed from rugby where teams push the ball towards the goal together. We share a case study of evaluating a Gulf of Mexico platform and associated producing field, and we discuss the objectives, best practices, and lessons learned. Twelve reservoirs were thoroughly evaluated in only 5 months with multiple opportunities identified and ranked, a process that could take multiple years using conventional approaches. The blueprint of the process involved scrum lanes, sprints, and Minimum Viable Products (MVPs). Sprint meetings were held every day with the three core team members: a Geophysicist, a Geologist, and an Asset Engineer. Weekly scrum lane updates were provided to stakeholders to show progress and the potential opportunities identified. The technical workflow was funneled into three scrum lanes: 1) geophysical interpretation using 3D seismic data for subsurface framework; 2) geological mapping using well data for volumetric analysis; and 3) engineering analysis using production and pressure data for material balance. This process was iterative across the disciplines for each of the 12 reservoirs, and once all the analyses converged, the individual reservoirs were ready for economic evaluation. A scrum lane tracker was provided to the management team for weekly updates. Weekly sprints helped the team create the priority list. In cases when there was no reasonable MVP identified, the interval evaluation was moved to a lower priority, and efforts were then refocused on other intervals. Completed interval evaluations included economic analyses for remediation, recompletion, and sidetrack projects. Potential new drilling opportunities were also identified and ranked in a pyramid hierarchy based on the capital requirements and regulatory constraints. Using the Agile scrum-based approach for the analysis of multiple reservoirs in an offshore field was highly advantageous. Even with a compressed timeline and a small team, a high-quality technical and commercial product was delivered in a fraction of the typical project timeline. The level of technical detail, coupled with the relentless opportunity pursuit and overall high energy level, resulted in a productive and positive work environment that was acknowledged by the core team, asset peers, and management team. The frequent nature of the MVP results and deliverables also fostered and kept motivation levels high. The success of this pilot project will be used and adapted as a template for other asset evaluations.
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Bukhvald, Evgeniy. "Spatial development strategy: economic issues and legal base." In Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Development of the Regional Economy" (CSSDRE 2019). Paris, France: Atlantis Press, 2019. http://dx.doi.org/10.2991/cssdre-19.2019.94.

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Choi, Jaehyun, R. Edward Minchin, Jr., and Zohar J. Herbsman. "Simulation Tools for the Economic Evaluation of Base Construction." In Construction Research Congress 2005. Reston, VA: American Society of Civil Engineers, 2005. http://dx.doi.org/10.1061/40754(183)102.

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Reports on the topic "Base of the (economic) Pyramid"

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Crone, Lisa K., Richard W. Haynes, and Nicholas E. Reyna. Different perspectives on economic base. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station, 1999. http://dx.doi.org/10.2737/pnw-rn-538.

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Kurt S. Myers, Brian Jackson, Jake P. Gentle, and Jaso. Malmstrom Air Force Base Wind Farm Economic Analys. Office of Scientific and Technical Information (OSTI), April 2013. http://dx.doi.org/10.2172/1088413.

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Hooker, Mark, and Michael Knetter. Measuring the Economic Effects of Military Base Closures. Cambridge, MA: National Bureau of Economic Research, February 1999. http://dx.doi.org/10.3386/w6941.

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Azevedo, Viviane, Alejandra Baigun, César P. Bouillon, Duncan Duke, and María Lourdes Gallardo Montoya. A Rising US$ 750 Billion Market: Unlocking Opportunities at the Base of the Pyramid in Latin America and the Caribbean. Inter-American Development Bank, July 2015. http://dx.doi.org/10.18235/0000031.

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Lazar, John M. Effects of Economic Globalization on the United States' Defense Industrial Base. Fort Belvoir, VA: Defense Technical Information Center, March 2007. http://dx.doi.org/10.21236/ada469597.

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Glass, Ronald J., Robert M. Muth, Robert Flewelling, and Robert Flewelling. Subsistence as a component of the mixed economic base in a modernizing community. St. Paul, MN: U.S. Department of Agriculture, Forest Service, North Central Research Station, 1990. http://dx.doi.org/10.2737/ne-rp-638.

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Author, Not Given. Phase 9 update (1987) report for the Energy Economic Data Base Program EEDB-IX. Office of Scientific and Technical Information (OSTI), July 1988. http://dx.doi.org/10.2172/7227212.

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Robertson, Guy C. A test of the economic base hypothesis in the small forest communities of southeast Alaska. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station, 2003. http://dx.doi.org/10.2737/pnw-gtr-592.

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Gibson, S., and R. Ogle. Technical and economic assessment for asbestos abatement within Facility 20470, Wright-Patterson Air Force Base, Ohio. Office of Scientific and Technical Information (OSTI), March 1988. http://dx.doi.org/10.2172/5072536.

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Daellenbach, K. K., J. E. Dagle, R. W. Reilly, and S. A. Shankle. Economic analysis of operating alternatives for the South Vandenberg Power Plant at Vandenberg Air Force Base, California. Office of Scientific and Technical Information (OSTI), February 1993. http://dx.doi.org/10.2172/10135313.

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