This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring ‘cost’ driven innovations to being more ‘resourceful’ and ‘sustainable’ at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.
Introduction: What we don’t know about Frugal Innovations yet? Future Research Potentials
to Leverage Constraints for Driving Innovations on a Global Scale
Section 1: Evolution of Frugal Innovation
Chapter 1
Institutional Perspectives on Frugal Innovation
Daniel Etse & Adela McMurray
Chapter 2
Frugal Innovation in Healthcare: Factors Affecting the Diffusion in Developing Economies
Hareem Arshad
Section 2: Frugal Engineering and Development Process
Chapter 3
Strategic Alignment of Multinational Corporations for Frugal Innovation – A Case Study
Julia S. Roppelt, Anirudha A. Dambal & Sergej von Janda
Chapter 4
Quality Control of Frugal Products
Balkrishna C. Rao
Chapter 5
User-driven Innovation with Frugal Characteristics: A Multi-Case Analysis of China’s
Innovation-Driven Economy
Henning Kroll & Ingo Liefner
Chapter 6
Fostering Frugal Innovation through Computer-aided Engineering: Benefits and Challenges
for Emerging Economy Firms
Stefan Bernat & Solmaz Filiz Karabag
Section 3: Frugal Innovation Becoming a Global Phenomenon
Chapter 7
Frugal Innovation for Developed Markets: Target Customers, Characteristics, Success Factors
Liza Wohlfart, Julian Groganz, Sven Manefeld & Fabian Fröhlich
Chapter 8
New Business Models for Frugal Innovation: Experience from an Enterprise Supporting
Sustainable Smallholder Agriculture in Kenya
Jackson Musona
Chapter 9
Small Industrial Companies and Frugal Innovation: A Case Study in the State of Alagos/
Brazil
Francisco Rosário & Araken Lima
Section 4: Adding New Perspectives to Frugal Innovation
Chapter 10
Implementing Frugal Innovation: Leveraging Constraints as Opportunities for Electric
Rickshaws in India
Anne H. Koch
Chapter 11
Building Sustainable Innovation Through Changes in Employee Behavior and Organizational
Capabilities
Minna Saunila, Juhani Ukko & Tero Rantala
Chapter 12
Digital Transformation as Enabler of Affordable Green Excellence: An Investigation of
Frugal Innovation in the Wind Energy Sector
Rajnish Tiwari
Chapter 13
Frugal Digital Innovation: Leveraging the Scale and Capabilities of Platform Ecosystems
Suchit Ahuja
Alexander Brem is an Endowed Chaired Professor and Institute Director at the University of Stuttgart, Germany. He is also Honorary Professor at the University of Southern Denmark. His research interest is on technological innovation and entrepreneurship.
Nivedita Agarwal is an Assistant Professor at the Chair of Technology Management at the University of Erlangen-Nürnberg (FAU), Germany. Her research focuses on social entrepreneurship, sustainability management and frugal innovations especially in this context of emerging markets. Her research highlights the role of innovation and entrepreneurship enabled by disruptive technologies in shaping the complex innovation ecosystems. She has published articles in several peer reviewed academic journals such as the Strategic Entrepreneurship Journal, Technological Forecasting and Social Change, Journal of Business Research and IEEE Transactions on Engineering Management. She is also the editor of the International Journal of Entrepreneurial Venturing and is on the editorial board of International Journal of Innovation and Technology Management.
This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring ‘cost’ driven innovations to being more ‘resourceful’ and ‘sustainable’ at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.