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Developing Blue Ocean Strategy of Sustainable Product Design and Development for Business Opportunities of BOP Groups in Taiwan

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  • Jui-Che Tu
  • Min-Chieh Shih
  • Chuan-Ying Hsu
  • Jian-Hao Lin

Abstract

This study expands the definition of the poor group and attempts to delve into and make known the phenomenon of poverty in Taiwan and aims to explore the goals and possibilities of the BOP consumer market. Through a questionnaire survey and expert interviews, this research adopts the concept of sustainability to discuss the lifestyle and consumption characteristics of the BOP group and establishes a design strategic norm of the sustainable products. The findings show that the BOP group in Taiwan is new poverty or working poor and high quality and common prices are the main requirements; these should be introduced into the development model of sustainable design.

Suggested Citation

  • Jui-Che Tu & Min-Chieh Shih & Chuan-Ying Hsu & Jian-Hao Lin, 2014. "Developing Blue Ocean Strategy of Sustainable Product Design and Development for Business Opportunities of BOP Groups in Taiwan," Mathematical Problems in Engineering, Hindawi, vol. 2014, pages 1-23, August.
    • Handle: RePEc:hin:jnlmpe:297524
    DOI: 10.1155/2014/297524
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    Cited by:

    1. Michael D. van der Merwe & Sara S. Grobbelaar & Isabel A. Meyer & Cornelius S.L. Schutte & Konrad H. von Leipzig, 2020. "A Framework of Key Growth Factors for Small Enterprises Operating at the Base of the Pyramid," Sustainability, MDPI, vol. 12(22), pages 1-33, November.

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