ABSTRACT The scholarship on innovation hitherto has prioritized exchange value, scalability and large scale commercialization, overlooking the other significant human centric values discussed in 'value theory'. Consequently, innovations in the informal economy are often undermined due to their inability to generate exchange values. This paper identifies and examines the suitability of the nuanced set of values discussed in value theory for informal sector grassroots innovations. Based on ten years of ethnographic research in different parts of Jammu and Kashmir in India, we find that these innovations generate a diverse set of values, ranging from use value to socially embedded reciprocal exchange value to different forms of relational and non-relational intrinsic values. At a juncture when strengthening alternative innovation approaches occupies a priority, these findings have important bearing on innovation policy scholarship.

中文翻译：

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非正规经济中的基层创新：价值理论的见解

摘要迄今为止，有关创新的奖学金优先考虑了交换价值，可扩展性和大规模商业化，而忽略了“价值论”中讨论的其他以人为本的重要价值。因此，非正规经济中的创新由于无法产生交换价值而经常受到破坏。本文确定并研究了价值理论中讨论的细微差别的价值对非正式部门基层创新的适用性。基于对印度查mu和克什米尔邦不同地区的人种学研究十年，我们发现这些创新产生了一系列价值，从使用价值到社会包容的互惠交换价值，再到关系和非关系内在价值的不同形式。