Innovating for the Poor

Abstract

This chapter introduces the inclusive innovation system in China by showing the roles of bottom-of-the-pyramid (BOP) entrepreneurs, institutions for inclusive innovation, infrastructures supporting inclusive innovation, and emerging governance of inclusive innovation. Based on an integrative review of the literature about the innovation that led to inclusive growth in developing economies, this chapter proposes the conceptual framework of the process toward inclusive innovation by integrating the dynamic inclusive growth with the current static view. Then, considering the Chinese context, especially the turning from formal institutions to the interpenetration of both formal and informal institutions, this chapter finally summarizes some challenges for inclusive innovation and its implications on economic and social growth.