Abstract This paper argues that microfinance in South Asia, like mainstream finance in North America and Europe, "has lost its moral compass". Our particular concern is with microloans to vulnerable clients. Microfinance institutions (MFIs) have increasingly focussed on financial performance and...

Recent interest in inclusive innovation to serve base-of-the-pyramid markets has so far produced relatively little evidence about the role of policy. Drawing on cases from Kenya's mobile phone sector that have successfully scaled innovations to poor consumers, we suggest that policy-making is...

Understandings of inclusive innovation in developing country low-income markets have typically taken one of two perspectives. On the one hand, a business perspective on the role of top-down, strategic innovation from larger-firm actors. And on the other hand, a more developmental perspective...

This special issue of <italic>Innovation and Development</italic> focuses on inclusive innovation; specifically on analysis of the new models of this form of innovation which are emerging. After discussing the growing need for research into those models, this editorial paper interrogates the meaning of...

L’innovation inclusive est le moyen par lequel de nouveaux produits et services sont développés pour et/ou par les milliards de personnes aux revenus les plus faibles. Bien que ce thème fasse l’objet d’un intérêt croissant, il reste à ce jour relativement peu étudié et...