Providing low-cost and high-quality medications to rural communities in developing countries: The case of Accion Medica Cristiana in Nicaragua

Prado, Andrea; Calderon, Daniel; Zúñiga, Roy

doi:10.1016/j.jbusres.2015.11.024

Cited by 10 publications

(24 citation statements)

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“…The relationship between supply chain risks and firm performance is also theorized against previous publications. Initially, firm performance in the BoP context was focused more on the financial growth of large corporations serving subsistence markets (Adegbile and Sarpong, 2018; Agarwal et al , 2018; Prado et al , 2016; Reiner et al , 2015). However, as a result of the growing debate focusing on BoP, other performance indicators, such as innovation performance and customer orientation, also became the focus of BoP academics (Hall et al , 2014; Jose and Robert Buchanan, 2013; Ramachandran et al , 2012).…”

Section: Discussionmentioning

confidence: 99%

The impact of institutional voids on risk and performance in base-of-the-pyramid supply chains

Rehman

Jajja

Khalid

et al. 2020

IJLM

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PurposeBase-of-the-pyramid (BoP) markets are frequently characterized by institutional voids. However, it remains unclear how institutional voids impact corporate and supply chain risk and performance. This intersection will be analyzed in this paper.Design/methodology/approachThis paper presents a systematic literature review of 94 BoP papers published between 2004 and 2019 in peer-reviewed, English-language journals available on Scopus. Drawing upon established frameworks for examining institutional voids, supply chain risks and BoP performance, frequency, and contingency analyses are conducted. Contingencies are established to provide insights into the associations between different constructs from the selected frameworks.FindingsSupply chain risks are pervasive in the BoP discourse, especially when BoP markets are characterized by institutional voids. The frequency analysis of the constructs suggests that the key supply chain risks discussed in the BoP literature include social risk, credit risk, product market and operating uncertainties, knowledge and skill biases and decision-maker risks due to bounded rationality. The contingency analysis suggests that institutional voids are associated with supply chain risks that affect performance.Research limitations/implicationsA theoretical framework aligning three research streams in the context of BoP calls for future studies to test the causality of highlighted constructs that are significantly associated. The analysis is confined to the constructs that are taken into account based on specific conceptual frameworks.Practical implicationsThe study provides practitioners with a framework to manage supply chain risks in BoP-related firms to enhance firm performance. Managers can use key dimensions of supply chain risk, such as the product market, the input market and operating uncertainties, to evaluate performance in the BoP context.Originality/valueSpecifically, this research has strengthened the inquiry of supply chain risks in the presence of institutional voids that may have an impact on firm performance

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Section: Discussionmentioning

confidence: 99%

The impact of institutional voids on risk and performance in base-of-the-pyramid supply chains

Rehman

Jajja

Khalid

et al. 2020

IJLM

View full text Add to dashboard Cite

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“…Likewise, the regulatory environment can play a fundamental role, especially for firms that operate in heavily regulated sectors such as finance and telecom. The willingness of the regulator to facilitate processes of institutional change and adaptation can be a crucial precondition for the success of new business models (Prado et al 2016). Many social enterprises and grassroots ventures also suffer from poor cognitive legitimacy that deters local governments from providing regulatory support and economic incentives (Goyal et al 2015).…”

Section: External Contingenciesmentioning

confidence: 99%

Creating Social Value for the ‘Base of the Pyramid’: An Integrative Review and Research Agenda

et al. 2021

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A growing body of research looks into business-led efforts to create social value by improving the socio-economic well-being of Base of the Pyramid (BoP) communities. Research shows that businesses that pursue these strategies—or BoP businesses—face distinct sets of challenges that require unique capabilities. There is, however, limited effort to synthesize current evidence on the mechanisms through which these businesses create social value. We systematically review the literature on BoP businesses, covering 110 studies published in business and management journals. We start by using bibliographic analysis to map the broad contours of the literature in terms of its common theoretical and empirical approaches, intellectual core, and evolution in time. We subsequently conduct a qualitative content analysis on the identified articles to synthesize their main findings. The analysis leads to a conceptual framework that explicates the antecedents, constraints, capabilities, and contingencies that drive social value creation. In addition to providing a rich and systematically organized account of the evidence, our analysis provides a critical reflection on the ethical dilemmas of social value creation efforts for the BoP, and outlines promising avenues for future research.

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“…“Erlin Rugama was a 32‐year‐old Nicaraguan pharmacist. He had been in the organization for 11 years and was deeply committed to the project because he had worked on its development from the beginning.” (Prado et al, 2016)…”

Section: Methods and Settingmentioning

confidence: 99%

Serving rural low‐income markets through a social entrepreneurship approach: Venture creation and growth

Prado

Robinson

Shapira

2022

Strategic Entrepreneurship

Self Cite

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Research Summary: Rural communities in developing countries often exhibit high poverty levels, lack of skilled labor, and limited infrastructure. Through an analysis of three social ventures serving rural low-income markets in Latin America, we explore how social entrepreneurs create and grow their ventures. We advance a multilevel framework that incorporates three main levels within the creation and growth process of social ventures serving these markets. At the individual level, founders are continuously revising goals and acquiring new capabilities. At the community-relations level, they engage in explicit efforts to ground business operations in the community. At the organizational level, they pursue innovative business models. These processes are dynamic and interdependent. This framework contributes to the research on social venture creation and growth in uncertain and resource-constrained environments.Managerial Summary: Philanthropy or base of the pyramid (BoP) initiatives by multinational corporations have sought to alleviate poverty in rural low-income communities in developing countries. Social entrepreneurship constitutes an alternative mechanism to generate social impact by bringing products and services to this market segment in a financially sustainable way. However, the creation and growth of a social venture in this context pose multiple challenges given the socioeconomic conditions of its

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Providing low-cost and high-quality medications to rural communities in developing countries: The case of Accion Medica Cristiana in Nicaragua

Cited by 10 publications

References 0 publications

The impact of institutional voids on risk and performance in base-of-the-pyramid supply chains

The impact of institutional voids on risk and performance in base-of-the-pyramid supply chains

Creating Social Value for the ‘Base of the Pyramid’: An Integrative Review and Research Agenda

Serving rural low‐income markets through a social entrepreneurship approach: Venture creation and growth

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