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Erschienen in:
Collaboration Between For-Profits and Non-profits: Strategies for Successful Market Entry into Developing Countries Kapitel lesen Erstes Kapitel lesen

2023 | OriginalPaper | Buchkapitel

2. Social Business Strategies to Alleviate Poverty in Emerging Countries Aiming at New Development Strategic Management Theories: Focusing on the Business Model of Grameen-Euglena in Bangladesh

verfasst von : Takabumi Hayashi, Hiroshi Hoshino, Chie Iguchi, Masashi Arai

Erschienen in: Base of the Pyramid and Business Process Outsourcing Strategies

Verlag: Springer Nature Singapore

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Abstract

The focus of the paper is to elucidate the business strategy as a poverty reduction strategy from the joint social business innovation by foreign-based corporations and NGOs. This paper focuses on the poverty reduction strategy by “Grameen Euglena”, which is jointly funded by Grameen Krishi Foundation in Bangladesh, and Euglena, a Japan-based company. This paper argues that MNCs or foreign companies can create a foundation for employment in local communities, discouraging rural inhabitants from migrating to the informal sector in urban areas, and helping to create a foundation for local autonomous and sustainable business ecosystems, by establishing a “social business” joint venture with local NGOs. The paper also considers the social business model between sectors by this joint company to solve social issues in rural areas, based on the research field surveys on “Grameen Euglena” in Bangladesh in 2016 and 2020.

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Vorheriges Kapitel Collaboration Between For-Profits and Non-profits: Strategies for Successful Market Entry into Developing Countries
Nächstes Kapitel Digital Healthcare and a Social Business Model to Ensure Universal Health Coverage (UHC): A Case Study of Bangladesh
Fußnoten
1
They consist of the following three methods; (1) Review products and markets, (2) Redefine the productivity of value chain, (3) Create industrial clusters to support the regions where companies are based (Porter & Kramer 2011).
 
2
Of the nine issues pointed out here, issues (2) to (8) are based on the indication of Mr. Yukoh Satake, GE’s CO-CEO (Hearing at the Tokyo head office: March 18, 2020).
 
3
In the case of export of mung beans to Japan, following application procedures to central and regional governments were required; production certificate from Agricultural Extension Bureau (DAE), application to Ministry of Agriculture (MOA) for permission to export, and finally application to Ministry of Commerce (MOC) for issuing export permission. After the above procedures are completed, the customs clearance procedures are carried out. In this case, since the issue date and time of various certificates required for the export procedure is unclear, there is a troublesome risk that the schedule may be different from the advance freighter arrangement, port arrival, and cargo reservation date and time required for the export procedure. This point is reported in more detail in JICA/Yukiguni Maitake Co., Ltd. (2014, pp. 67–68).
 
4
Dealing with these risks was a common topic in hearings not only with local social businesses but also with Japanese companies operating locally. Items not mentioned in the risk management specific to developing countries mentioned above are more diverse depending on the local circumstances, from dental treatment to sexual troubles, but they are omitted here.
 
5
While the growth rate of the manufacturing sector in these developing countries has been stagnant, the number of employees in the IT service sector has been rapidly increasing. As a result, the number of workers in the service industry, including the IT service sector, far exceeds the number of employees in the manufacturing sector. Regarding the position and importance of this sector, Ishigami (2017), Hori (2016), Hayashi et al. (2017), and offshoring and industrial development of Japanese ICT companies to Asian countries, Hirakawa et al. (2017), the locational advantages of offshoring in various Asian regions are discussed in more detail in Oshri et al. (2015, Chap. 3) and others.
 
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Metadaten
Titel
Social Business Strategies to Alleviate Poverty in Emerging Countries Aiming at New Development Strategic Management Theories: Focusing on the Business Model of Grameen-Euglena in Bangladesh
verfasst von
Takabumi Hayashi
Hiroshi Hoshino
Chie Iguchi
Masashi Arai
Copyright-Jahr
2023
Verlag
Springer Nature Singapore
Buch
Base of the Pyramid and Business Process Outsourcing Strategies

Print ISBN: 978-981-19-8170-8

Electronic ISBN: 978-981-19-8171-5

Copyright-Jahr: 2023

DOI
https://doi.org/10.1007/978-981-19-8171-5_2

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