Tapping into New Markets and Alleviating Poverty Simultaneously through Multinational Companies

概要

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Reducing poverty through multinational companies (MNCs) is a truly inspiring idea. This paper examines the possibilities of reducing poverty through MNCs as a new approach to this issue that differs entirely from the conventional prescriptions. When organizing the debates that have been held to the present concerning the attractive ideal of reducing poverty through MNCs, three major groups are revealed. For this innovative approach of reducing poverty through MNCs to succeed realistically, certain requirements and sufficient conditions must be fulfilled. Rather than perceiving developing countries as the end point for innovations, MNCs can perceive the BOP as the starting point for innovations. Employing innovations that involves the poor will come to be a requirement. However, as this will involve high risk, it will be difficult for the MNCs to deal with the situation single-handedly. Cooperation and coordination with the government of developing countries, international agencies, and NGOs will be indispensable. Frameworks and platforms for risk sharing and minimization is sufficient condition.