EconPapers    
Economics at your fingertips  
 

Sustainable innovations in an indigenous Indian Ayurvedic MNE

Ashish Malik, Vijay Pereira, Pawan Budhwar, Arup Varma and Manlio Del Giudice

Journal of Business Research, 2022, vol. 145, issue C, 402-413

Abstract: This research is grounded in the setting of a novel Indian multinational enterprise (MNE) which focuses on the dual provision of indigenous Ayurvedic ‘care’ and ‘cure’ services and products from rural settings in India. Employing a qualitative case study design, we used analysis, interviews, observational and secondary data. This study employs the theoretical lenses of dynamic capability and business models for analyzing the MNE’s innovative and sustainable growth. These findings show how this MNE employed the indigenous processes of sensing, seizing and transforming resources to formulate and explore innovative treatments and develop a sustainable business model for curing and caring for its patients. The MNE renewed its existing capabilities base through various context-specific recombinations and reconfigurations in its ecosystem’s resources, comprised of social community and the untapped knowledge of the Ayurveda’s scriptures to deliver sustained technological and administrative innovations for its patients. Implications for theory and practice are also discussed.

Keywords: Ayurveda; Dynamic capabilities; Health care; India; Sustainable innovation and development (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296322002363
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:145:y:2022:i:c:p:402-413

DOI: 10.1016/j.jbusres.2022.03.009

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:jbrese:v:145:y:2022:i:c:p:402-413