›› 2019, Vol. 31 ›› Issue (7): 123-132.

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The Business Model Innovation of ICT-enabled Poverty Alleviation Platform

Yi Famin, Zhu Jie   

  1. College of Economics & Management, South China Agriculture University, Guangzhou 510642
  • Received:2018-07-25 Online:2019-07-28 Published:2019-07-28

Abstract:

ICT-enabled platform ecosystem has been the focus of practice and research in recent years. When its business model extends to the bottom pyramid market with multiple market levels and imperfect system, platform enterprises achieve the goal of reducing poverty and improving social affluence by innovating business model through three mechanisms:universal connection, interface reconstruction and compound provision. Universal connectivity enables platform enterprises to build a self-centered and widely covered ecosystem. Interface reconfiguration enables effective integration and creative use of various resources in ecosystems therefore value co-creation is possible. Composite provision can bring diverse values to ecosystem participants and thus sustain their participation in the system. Through on-the-spot investigation and follow-up interviews, combined with business model innovation, ecosystem, BoP and ICT empowerment theory,this paper uses case analysis method to summarize three strategies of poverty alleviation platform's business model innovation in BoP region:universal connection, interface reconstruction and composite innovation, and the principles that must be followed in practice.

Key words: ICT empowerment, business model, universal connection, interface reconfiguration, compound provision