The browser you are using is not supported by this website. All versions of Internet Explorer are no longer supported, either by us or Microsoft (read more here: https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support).

Please use a modern browser to fully experience our website, such as the newest versions of Edge, Chrome, Firefox or Safari etc.

Ester Barinaga. Photo.

Ester Barinaga

Professor

Ester Barinaga. Photo.

Nothing to lose: the rationales of grassroots financial innovations in contexts of extreme scarcity

Author

  • Maria Jose Zapata Campos
  • Ester Barinaga
  • Richard Kiaka
  • Juan Ocampo

Summary, in English

Highly deprived urban contexts, such as informal settlements in the global south, can turn into niches of extreme innovation and sparkle ingenuity out of necessity. But what are the rationales behind the participation of disadvantaged communities in social innovations? Why do they engage in grassroots innovations? What is it that makes these grassroots try novelties and continue experimenting with them, even when the perceived benefits are not clear yet? This paper aims to examine and conceptualize the rationales for engaging in grassroots financial innovations in the context of extremely deprived urban settings.

Department/s

  • Department of Business Administration
  • Entrepreneurship

Publishing year

2023-03-15

Language

English

Pages

193-212

Publication/Series

Social Enterprise Journal

Volume

19

Issue

2

Document type

Journal article

Publisher

Emerald Group Publishing Limited

Topic

  • Business Administration

Keywords

  • Community currencies
  • Grassroots innovations
  • Resource scarce environments

Status

Published

ISBN/ISSN/Other

  • ISSN: 1750-8614