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Alleviating Poverty through Social Innovation

Year: 2020

Type: article

Abstract: While various programs have been undertaken by both governmental and non-governmental organizations, poverty is still a big problem globally. Combining the concept of social innovation, social entrepreneurship and frugal innovation, the sort of social innovation aimed to reduce poverty is explored. This type of social innovation is expected to be able to create jobs through entrepreneurship in SMEs and provide affordable basic needs for the poor. Based on the literature, challenges for adopting such innovation are identified and mechanisms for enabling both private and public sectors to work collaboratively in alleviating poverty is proposed.

Source: Australasian Accounting Business and Finance Journal

DOI: 10.14453/aabfj.v14i1.7

Author: Agung Fahrudi

Institution: University of Brawijaya

Language: English

Topic: Innovation and Socioeconomic Development

Subfield: Business and International Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Industry, innovation and infrastructure, Reduced inequalities

Open Access status: diamond

OpenAlex ID: W3009567906

FWCI: 5.083

Cites: 22

Cited by: 22

Related to: 10