2018
DOI: 10.1002/bsd2.14
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Co‐creation for sustainable development: The bounds of NGO contributions to inclusive business

Abstract: The sustainable development agenda is placing increasing expectations on business and crosssector partnerships. One of the rising propositions is that companies and non-governmental organizations (NGOs) can co-create inclusive business ventures that are simultaneously both profitable and poverty reducing. A considerable number of studies have found that NGOs can bring valuable knowledge, capabilities, contacts, and legitimacy to these initiatives. This paper deepens the discussion from what NGOs can contribute… Show more

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Cited by 18 publications
(14 citation statements)
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“…One key argument for dealing with crises such as the pandemic is to encourage companies to shift towards more inclusive business models [53] because of the urgent need for involvement and contribution from the private sector, and a causal link with a fundamental shift towards more progressive corporate objectives, business cultures, and corporate values. An inclusive business model is a type of sustainable business that builds bridges between stakeholders, especially vulnerable ones, and the business community in order to create shared value [130,131]. Inclusive companies are more acquainted with the challenges faced by those at the base of the pyramid who are, more than ever, at risk [132] (pp.…”
Section: (Re-)registration Of More Inclusive and Sustainable Business Modelsmentioning
confidence: 99%
“…One key argument for dealing with crises such as the pandemic is to encourage companies to shift towards more inclusive business models [53] because of the urgent need for involvement and contribution from the private sector, and a causal link with a fundamental shift towards more progressive corporate objectives, business cultures, and corporate values. An inclusive business model is a type of sustainable business that builds bridges between stakeholders, especially vulnerable ones, and the business community in order to create shared value [130,131]. Inclusive companies are more acquainted with the challenges faced by those at the base of the pyramid who are, more than ever, at risk [132] (pp.…”
Section: (Re-)registration Of More Inclusive and Sustainable Business Modelsmentioning
confidence: 99%
“…In fact, effective governance stabilises partnerships in the long term by minimising incentives for partners to act opportunistically. Indeed, cross-sectoral collaborations-both in affluent and developing/emerging countries-face a variety of challenges, including cultural incompatibilities, inefficient decision-making, conflicting goals and norms (Duke, 2016;Gillett et al, 2018), lack of trust (Nahi, 2018) and different ambitions for growth (Gillett et al, 2018).…”
Section: Enduring Collaborationmentioning
confidence: 99%
“…The project developers should focus their corporate social responsibility activities based on educational issues. They can collaborate with the local NGOs that work on education, thereby deepening their ties with the community, and consequently achievinging a higher level of sustainability (Nahi, 2018). With such initiatives, not only will the developers enjoy an increased support for their project, but the community will also directly benefit through a better educated society with higher knowledge and capacities.…”
Section: Discussionmentioning
confidence: 99%