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Purpose
– The purpose of this paper is to examine the concept of the bottom of the pyramid (BOP) in the context of the knowledge economy.
Design/methodology/approach
– A conceptual approach integrating the BOP perspective, diffusion of innovations, and the new product development process.
Findings
– This paper structures a framework that might be helpful in advancing the competitiveness and product development capabilities of multinationals.
Practical implications
– The paper provides managers of multinational companies with an organized way of evaluating opportunities in BOP markets in the context of a global knowledge economy.
Originality/value
– The paper incorporates ideas and theories from three business and marketing fields into a framework that could be used as basis for an action plan.
© Emerald Group Publishing Limited
2015
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