The characteristics of product innovation in emerging economies (EEs) are becoming increasingly well defined. However, the process by which such innovation develops remains poorly understood. EE innovators face a constraint shared with innovators elsewhere: resource scarcity. In response to that challenge, innovators can respond by employing two sets of strategies: causation and effectuation. These strategies may be utilized separately or together and can also be refashioned to fit EE institutional contexts. This paper elaborates this process and asks: how do EE innovators recombine and refashion causal and effectual mechanisms?
Lingelbach, David; Mersha, Tigineh; Sriram, Ven; and Saffu, Kojo
"HOW DOES FINANCIAL INNOVATION EMERGE IN RESOURCE-CONSTRAINED ECONOMIES? (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 34
, Article 4.
Available at: http://digitalknowledge.babson.edu/fer/vol34/iss15/4