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Innovation in Emerging Markets pp 158–177Cite as

Palgrave Macmillan

Social Enterprise and Innovation in Emerging Markets

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Part of the book series: International Political Economy Series ((IPES))

Abstract

Across the poorest villages of rural India, people can count on the abundance of two things: rice and darkness. In the state of Bihar, India’s poorest, around 80 percent of the households are not electrified. Villagers instead rely on kerosene lanterns and diesel generators for light and power, both of which are expensive and destructive to health and the environment. And as the world’s second largest rice producer, India is estimated to have harvested more than 100 million tons in the 2012–2013 crop year. Along with the rice comes a significant amount of discarded husk, some of which can be used for fodder but most of which is burnt in fields. Three Indian entrepreneurs from Bihar and an American colleague added together these two factors to create Husk Power Systems (HPS), an off-grid electricity company that converts rice husks into power that is reliable, eco-friendly, and affordable for families that can spend only $2 a month on power (Bornstein, 2011).

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Further Reading

  • Bugg-Levine, A. and Emerson, J. (2011). Impact Investing: Transforming How We Make Money While Making a Difference. Hoboken: Jossey-Bass.

    Book  Google Scholar 

  • Kerlin, J. A. (2009) Social Enterprise. Civil Society: Historical and Contemporary Perspectives [Kindle Edition]. Medford: Tufts University.

    Google Scholar 

  • Koh, H., Hegde, N., and Karamchandani, A. (2014) Beyond the Pioneer: Getting Inclusive Industries to Scale. Deloitte Touche Tohmatsu India Private Limited. Available from http://www.beyondthepioneer.org/wp-content/themes/monitor/Beyond-the-Pioneer-Report.pdf

    Google Scholar 

  • Koh, H., Karamchandani, A., and Katz, R. (2012) From Blueprint to Scale: The Case for Philanthropy in Impact Investing. A Report published by Monitor Institute in collaboration with Acumen Fund. Available from http://monitorinstitute.com/downloads/what-we-think/blueprint-to-scale/Blueprint_to_Scale.pdf, p. 8.

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References

  • Bornstein, D. (2011). “A Light in India.” The New York Times. Retrieved from http://opinionator.blogs.nytimes.com/2011/01/10/a-light-in-india/?_php=trueamp;_type=blogsamp;_r=0

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  • Borgonovi, V., Meier, S. and Vaidyanathan, L. (2011). “Creating Shared Value in India: How Indian Corporations Are Contributing to Inclusive Growth While Strengthening Their Competitive Advantage.” Published by FSG. Retrieved from http://www.fsg.org/Portals/0/Uploads/Documents/PDF/India_CSV.pdf. p. 11.

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  • Bugg-Levine and A. Emerson (2011); Karamchandani, A., Kubzansky, M., and Frandano, P. (2009); and Boschee, J. (2001) The Social Enterprise Sourcebook. Duluth, MN: Northland Institute.

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Authors
  1. Leslie R. Crutchfield
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  2. Kyle Peterson
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Editor information

Editors and Affiliations

  1. Florida International University, USA

    Jerry Haar (Professor of Management and International Business, senior research fellow, Global Fellow) (Professor of Management and International Business, senior research fellow, Global Fellow)

  2. McDonough School of Business, Georgetown University, USA

    Jerry Haar (Professor of Management and International Business, senior research fellow, Global Fellow) & Ricardo Ernst (Professor of Operations and Global Logistics, Managing Director of the Global Business Initiative, Managing Director of the Latin American Board, and former Deputy Dean) (Professor of Management and International Business, senior research fellow, Global Fellow) &  (Professor of Operations and Global Logistics, Managing Director of the Global Business Initiative, Managing Director of the Latin American Board, and former Deputy Dean)

  3. Woodrow Wilson International Center for Scholars, USA

    Jerry Haar (Professor of Management and International Business, senior research fellow, Global Fellow) (Professor of Management and International Business, senior research fellow, Global Fellow)

Copyright information

© 2016 Leslie R. Crutchfield and Kyle Peterson

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Cite this chapter

Crutchfield, L.R., Peterson, K. (2016). Social Enterprise and Innovation in Emerging Markets. In: Haar, J., Ernst, R. (eds) Innovation in Emerging Markets. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137480293_9

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