The Barefoot Economist

The Barefoot Economist

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The Barefoot Economist
The Barefoot Economist
8 attributes of successful market-creating innovation
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8 attributes of successful market-creating innovation

How innovators and companies targeting nonconsumption can create businesses that generate enormous wealth and have transformative impacts

Hugo Pacheco's avatar
Hugo Pacheco
Apr 23, 2024
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The Barefoot Economist
The Barefoot Economist
8 attributes of successful market-creating innovation
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Last week, we discussed the process of market creation through innovation, particularly focusing on the importance of both discovery and distribution. We detailed that while sustaining innovations improve existing products, market-creating innovations make complicated products simple and affordable, reaching nonconsumers.

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