Reverse innovation: a conceptual framework
Suresh Malodia (),
Shaphali Gupta () and
Anand Jaiswal
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Suresh Malodia: MICA
Shaphali Gupta: MICA
Journal of the Academy of Marketing Science, 2020, vol. 48, issue 5, No 11, 1009-1029
Abstract:
Abstract Reverse innovation (RI) has emerged as a new growth strategy for MNCs to innovate in emerging markets and then to further exploit the profit potential of such innovations by subsequently introducing them not only in other similar markets but also in developed markets, thereby delivering MNCs a sustainable growth globally. In this study, we propose an overarching conceptual framework to describe factors that contribute to the feasibility of RIs. Using grounded theory with a triangulation approach, we define RI as a multidimensional construct, identify the antecedents of RI, discuss the outcomes, and propose a set of moderating variables contributing to the success of RIs. We also present a set of research propositions with their relative effects on the relationships proposed in the conceptual framework. Additionally, we provide future research directions and discuss theoretical contributions along with managerial implications to realize the strategic goals of RI.
Keywords: Emerging markets; Global strategy; Innovations; Reverse innovation (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:joamsc:v:48:y:2020:i:5:d:10.1007_s11747-019-00703-4
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DOI: 10.1007/s11747-019-00703-4
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