'Bottom of the Pyramid Innovation' and Pro-Poor Growth
Outside of China, despite rapid economic growth in many low and middle income countries, there has been little progress in meeting the MDG1 target of halving the incidence of global poverty by 2014. Part of the explanation for this weak poverty-red...
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| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/435351468325278859/Bottom-of-the-pyramid-Innovation-and-pro-poor-growth http://hdl.handle.net/10986/26796 |
| Summary: | Outside of China, despite rapid economic
growth in many low and middle income countries, there has
been little progress in meeting the MDG1 target of halving
the incidence of global poverty by 2014. Part of the
explanation for this weak poverty-reducing performance has
been the historic trajectory of innovation. During the 20th
Century, most of global innovation had its origins in the
north, producing products for high income consumers,
developing technologies which excluded poor producers and
technologies which were energy intensive and polluting. This
innovation trajectory gave rise to the not-for-profit
Appropriate Technology movement after the 1970s. But many of
the technologies which they it were inefficient and were
scorned by both producers and consumers. However a series of
disruptive factors the growth of low income consumers in the
context of global economic slowdown, the development of
radical technologies (such as mobile telephony and renewable
power), the development of capabilities in low income
economies and the emergence of new types of innovation
actors have begun to transform the potential of AT to
support pro-poor growth. Whilst this new vintage of ATs will
be largely market-driven (since it provides the potential
for profitable production), there are important dimensions
in which this market-driven process can be supported by policy. |
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