Poor as Suppliers of Intellectual Property - Analysis

In their Business Ethics Quarterly article, "The indegent as suppliers of Intellectual Property: A Social Network approach to sustainable poverty alleviation", Shivarajan and Srinivasan observe that the bottom of pyramid model's view of the poor and their procedure towards poverty alleviation needs to be prolonged or altered via an alternate model that considers the indegent as the valuable suppliers of intellectual property alternatively than as consumers of reasonably priced or customized products or services. Because of the poverty and illiteracy people cannot take part in global knowledge networks. The writer has clearly mentioned the limitations of BOP-customer focused procedure in the areas such as: monetary viability, interpersonal impact and the way the BOP-consumer methodology addresses the social exclusion. The authors suggest newer role of MNC's in poverty alleviation without shedding their income and developed a poverty alleviation model to funnel and assimilate the intellectual property of the poor into the global knowledge network through the trust founded partnership among the indegent, non-governmental organizations and multinational firms. In this specific article, the creators also explained the alternative to BOP customer targeted poverty alleviation model giving wider classification to the indegent, associated poverty and the indegent as suppliers of intellectual property. The authors strongly believe that the poverty alleviation can be achieved through social inclusion and provision of the facility for the indegent to talk about, exchange and gain using their company intrinsic skills, intelligence, features taking the condition of the intellectual property for which they will be the rightful owners. The success of addition of poor to the global network of knowledge provides the opportunities for the poor to make revenue using their knowledge, become enterprisers, provide work to other poor and push themselves from the poverty which is not much possible with the 'Base of Pyramid' model (Shivarajan & Srinivasan, 2013).

Strength and validity of claims

In this information, the author talked about the real-world illustrations to get their model. The Honey Bee Network in Gujarat, India that involved in determining, collecting and diffusion of local knowledge and finding roots for innovations. The mission of HBN is targeted towards using the intellectual property of the poor and compensating the intellectual property owners because they are unable to get revenue from them because of the lack of stations that connects the poor to the formal sector. NGO-MNC collaborations play an important role in assisting to the poor so that HBN provides a legal security to the improvements of the poor and for timely economic returns of the patent innovations by means of licensing cost and royalties. The writer also described the real-time instances for MNC collaborations with the indegent such as superstar money, ITC to provide essential benefits associated with their model and draw a conclusion that the author's model offers ecological poverty alleviation by concentrating on poor as suppliers. From the above it is concluded that the indegent has a great intellectual property and bringing such knowledge in to the global knowledge networks results in forming as a good poverty alleviation approach but the principal research strengthens the validity of boasts and the working experience provides more information for even more research. The creators discussed that because of the poverty and literacy, poor people knowledge can't be distributed to global knowledge systems in order that they cannot get profits using their intellectual property. Shivarajan and Srinivasan point out "We argue that a major property of the poor is being overlooked: their vast reserves of intellectual property. Tapping this advantage of the poor could hold the key to developing a sustainable poverty-alleviation model that explicitly addresses an important form of cultural exclusion" (2013, p. 387). Because of the lack of programs poor people cannot connect with the formal sector, so organizations working in this area need to provide program to the intellectual property of the indegent that provides legal security to the poor's innovations and the well-timed economic comes back of the copyrighted innovations in the form of licensing rate, royalties in order that they are benefited by their patent enhancements and achieving a healthy cooperation of NGO's with MNC's are suffering from the indegent.

Recommendations

The present article talks about an alternative solution model to the BOP. The writers stated that the poor are the options for intellectual property predicated on the personal, functional and information from other research and observations, so that integrating the intellectual property of the poor with the global knowledge sites results in achieving the poverty alleviation. This content is useful to all or any the experts, economists, business professionals, social personnel and the folks who are focusing on poverty alleviation programs; it offers related information to achieve their objectives. This kind of researches is helpful to understand the way the intellectual property of the indegent is important and exactly how it can be employed for poverty alleviation.

References

Shivaraja, S. , & Srinivasan, A. (2013). The indegent as suppliers of Intellectual Propertry: A cultural Netwrok method of Sustainable Poverty Alleviation. Business Ethics Quarterly, 381-406.

Also We Can Offer!

Other services that we offer

If you don’t see the necessary subject, paper type, or topic in our list of available services and examples, don’t worry! We have a number of other academic disciplines to suit the needs of anyone who visits this website looking for help.

How to ...

We made your life easier with putting together a big number of articles and guidelines on how to plan and write different types of assignments (Essay, Research Paper, Dissertation etc)