Download or read book Frugal Innovation and Its Implementation written by Nivedita Agarwal and published by Springer Nature. This book was released on 2021-05-11 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Frugal Innovation and Its Implementation written by Nivedita Agarwal and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Frugal Innovation written by Yasser Bhatti and published by Cambridge University Press. This book was released on 2018-11-15 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of growing discourse on 'frugal innovation', this book offers novel approaches to innovation based on extensive empirical research. The study complements a decade of scholarly attention on frugal innovation by taking a research-based approach to innovation in resource-scarce and complex institutional contexts. The findings suggest that concepts such as frugal, reverse, jugaad, social, grassroots and inclusive innovation in fact represent heterogeneous assemblies of innovation for social, environmental and economic value. The conceptual framework invites attention to more plural sources and elements in the study of models of innovation to inspire further research in the fields of strategy, innovation, entrepreneurship, economic sociology and development studies. The design framework offers models, metrics and competencies for practitioners and policymakers to identify, evaluate and design frugal innovations. The comprehensive view of frugal innovation demonstrates how firms can implement globally competitive strategies by pursuing innovation for humanity to improve lives for everyone, everywhere.
Download or read book Innovation in Emerging Markets written by J. Haar and published by Springer. This book was released on 2016-11-16 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is sweeping the globe at breakneck speed, and emerging markets are where tremendous growth and opportunity reside. Jerry Haar and Ricardo Ernst delve into the forces and drivers that shape innovation in emerging markets and present case studies, along with a summation of the key features and outlook for innovation over the next decade.
Download or read book Frugal Innovation written by Taylor & Francis Group and published by Routledge. This book was released on 2021-08-02 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Customers are increasingly seeking "low-cost, high-quality" or what is known as frugal products that meet the buyer's needs while reducing the associated cost of ownership. This book examines the developing principles and theories of frugal innovations across the globe. The authors identify frugal innovation (FI) using a multi-method approach to data analysis. They argue that the concept of frugality as a societal/ethical value has undergone several changes and propose a differentiated model of frugal innovations. They address frugal innovations that have never been accessible to the public. Hands-on case studies across various industry sectors and countries, supported by theory, provide multiple learning opportunities. The authors explore the relationship between FI and digitalisation and technology, and discuss how FI can be applied in the context of contemporary issues such as food security. Further, they articulate the mechanisms by which FI beliefs and values can be incorporated into organisational culture. The final chapters address both ethical and controversial views of frugal innovation. The book is a valuable resource for students in business courses, for industry professionals wanting to improve their triple bottom line, and for educators wanting to influence and change the mindsets of the younger generations to effectively deal with today's and tomorrow's challenges.
Download or read book Frugal Innovation written by Navi Radjou and published by The Economist. This book was released on 2015-02-10 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frugal innovation is a way that companies can create high-quality products with limited resources. Once the preserve of firms in poor markets, Western companies are now seeking ways to appeal to cost-conscious and environmentally-aware consumers at home. With an estimated trillion-dollar global market for frugal products, and with potentially huge cost savings to be gained, frugal innovation is revolutionizing business and reshaping management thinking. This book explains the principles, perspectives and techniques behind frugal innovation, enabling managers to profit from the great changes ahead. The book explains: How to achieve mass customization, using low-cost robotics, inexpensive product design and virtual prototyping software. How consumers and other external partners can help develop products How to implement sustainable practices, such as the production of waste-free products How to change the corporate culture to become more frugal
Download or read book Frugal Innovation written by Adela J. McMurray and published by Routledge. This book was released on 2019-11-28 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Customers are increasingly seeking "low-cost, high-quality" or what is known as frugal products that meet the buyer’s needs while reducing the associated cost of ownership. This book examines the developing principles and theories of frugal innovations across the globe. The authors identify frugal innovation (FI) using a multi-method approach to data analysis. They argue that the concept of frugality as a societal/ethical value has undergone several changes and propose a differentiated model of frugal innovations. They address frugal innovations that have never been accessible to the public. Hands-on case studies across various industry sectors and countries, supported by theory, provide multiple learning opportunities. The authors explore the relationship between FI and digitalisation and technology, and discuss how FI can be applied in the context of contemporary issues such as food security. Further, they articulate the mechanisms by which FI beliefs and values can be incorporated into organisational culture. The final chapters address both ethical and controversial views of frugal innovation. The book is a valuable resource for students in business courses, for industry professionals wanting to improve their triple bottom line, and for educators wanting to influence and change the mindsets of the younger generations to effectively deal with today’s and tomorrow’s challenges.
Download or read book Entrepreneurial Universities written by João J. Ferreira and published by Edward Elgar Publishing. This book was released on 2018-08-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an increasing focus on the knowledge and service economies, it is important to understand the role that entrepreneurial universities play through collaboration in policy and, in turn, the impact they have on policy. The authors evaluate how universities engage with communities while also balancing stakeholder considerations, and explore how universities should be managed in the future to integrate into global society effectively.
Download or read book Frugal Innovation and the New Product Development Process written by Stephanie B.M. Cadeddu and published by Routledge. This book was released on 2019-01-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the new product development process of firms developing frugal innovation for the base-of-the-pyramid (BOP) markets in developing countries. Frugal innovations are products characterised by an affordable price-point, durability, usability and core functionalities that are highly adapted to BOP consumers’ needs. Frugal products have the potential to drive the development progress and living standards of low-income consumers. With an innovation framework developed from worldwide frugal case studies, this book provides detailed insights through two in-depth start-up firms in Indonesia that have successfully launched frugal products for the low-income market. These two start-ups have addressed two major development challenges for not just Indonesia, but also the global BOP market – traditional methods of cooking and access to clean drinking water. A detailed roadmap is developed from insights into the processes and management decisions of these two start-ups and combined with previous studies on frugal products. Providing a detailed roadmap across the different phases and stages of the new product development process when developing frugal products, this book will be insightful to not only innovators but also investors and government agencies supporting their activities.
Download or read book Frugal Innovation in Healthcare written by Aditi Ramdorai and published by Springer. This book was released on 2015-04-29 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on how companies are innovating with regard to the Bottom-of-the-Pyramid (BOP) − the lowest socio-economic segment, and the organizational conditions they need to be successful. The authors use several examples of disruptive innovations for this market, particularly in the Indian healthcare sector. Low-cost, specialty hospital chains like Aravind Eye Care and Narayana Hrudayalaya have brought down the cost of certain medical procedures significantly. The Indian conglomerate Tata Group and the American healthcare giant GE Healthcare have also developed affordable products targeted at the lowest-income segments in India. The authors present an in-depth analysis of these companies and present their insightful results on disruptive innovation and the ever-challenging BOP market.
Download or read book Technologies for Development written by Silvia Hostettler and published by Springer. This book was released on 2018-06-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book presents 18 case studies that explore current scientific and technological efforts to address global development issues, such as poverty, from a holistic and interdisciplinary point of view, putting actual impacts at the centre of its analysis. It illustrates the use of technologies for development in various fields of research, such as humanitarian action, medical and information and communication technology, disaster risk-reduction technologies, habitat and sustainable access to energy. The authors discuss how innovative technologies, such as unmanned aerial vehicles for disaster risk reduction, crowdsourcing humanitarian data, online education and ICT-based medical technologies can have significant social impact. The book brings together the best papers of the 2016 International Conference on Technologies for Development at EPFL, Switzerland. The book explores how the gap between innovation in the global South and actual social impact can be bridged. It fosters exchange between engineers, other scientists, practitioners and policy makers active at the interface of innovation and technology and human, social, and economic development.
Download or read book Frugal Innovation written by Vanessa Ratten and published by Routledge. This book was released on 2019-03-08 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the growing use and importance of frugal innovation in society. Frugal innovation looks at innovating in a cost-efficient manner by taking into account available resources. This book explains how frugal innovation is different to other types of innovation and how frugal innovation offers a creative solution to issues of sustainability and the circular economy. The book approaches innovation by taking into account the stakeholders and how companies can innovate efficiently in an inclusive manner. It presents successful cases of companies that have innovated frugally, making the book an engaging read for anyone who is interested to learn more.
Download or read book Handbook on Frugal Innovation written by André Leliveld and published by Edward Elgar Publishing. This book was released on 2023-09-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering Handbook details the origins of the concept of frugal innovation, its emergence as an academic field of interest, and the driving forces behind it. It presents new empirical evidence and critical perspectives on what frugal innovation entails, from a range of disciplines including science and engineering, humanities, and the social sciences. Analysing case studies on frugal innovation from across the globe, this Handbook assesses the role of innovation in addressing societal challenges such as poverty, inequality, and climate change. Chapters examine key topics in the field, covering gender as a lens for frugal innovation, managing frugal innovation for sustainable development, design and engineering in frugal product formation, and the global markets for frugal innovation policies. Contributors pay specific attention to the role of technology as an enabler for frugal innovation, and the institutional and social contexts in which it takes place. Providing a comprehensive overview of frugal innovation, this Handbook will be essential reading for academics and students in the fields of development economics, business and management studies and organisational innovation. It will also be beneficial for policymakers and government officials interested in perspectives on innovation that could be instrumental in the formation and implementation of innovation policies.
Download or read book The Economics of Frugal Innovation written by Christian Le Bas and published by Edward Elgar Publishing. This book was released on 2023-02-14 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of the tremendous growth of frugal product and process innovations in emerging markets and Northern economies, this book offers a clear understanding of this new direction of technological change with a Schumpeterian analytical frame. Characterising frugal innovation as a new technological paradigm, it illuminates the relationship between frugality and sustainability.
Download or read book Reimagining Innovation in Humanitarian Medicine written by Krish W. Ramadurai and published by Springer. This book was released on 2018-12-06 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout history, humanity has been plagued by a myriad of humanitarian crises that seemingly take the form of perpetual human suffering. Today, approximately 125,000,000 people require humanitarian assistance as the result of famine, war, geopolitical conflict, and natural disasters. A core component of this suffering is afflictions related to human health, where disturbances strain or overwhelm the existing healthcare infrastructure to create the conditions for an increase in morbidities and co-morbidities. One of the more startling elements is the loss of life to preventable medical conditions that were not properly treated or even diagnosed in the field, and is often due to the limited interventional capacity that medical teams and humanitarian practitioners have in these scenarios. These individuals are often hindered by medical equipment deficiencies or devices not meant to function in austere conditions. The development of highly versatile, feasible, and cost-effective medical devices and technologies that can be deployed in the field is essential to enhancing medical care in unconventional settings. In this book we examine the nature of the creative problem-solving paradigm, and dissect the intersection of frugal, disruptive, open, and reverse innovation processes in advancing humanitarian medicine. Specifically, we examine the feasible deployment of these devices and technologies in unconventional environments not only by humanitarian aid and disaster relief agencies, but also by crisis-affected communities themselves. The challenge is complex, but the financial support and technical development of innovative solutions for the delivery of humanitarian aid is a process in which everyone is a stakeholder.
Download or read book Handbook on Frugal Innovation written by André Leliveld and published by Edward Elgar Publishing. This book was released on 2023-09-06 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering Handbook details the origins of the concept of frugal innovation, its emergence as an academic field of interest, and the main driving forces behind it. The book presents new empirical evidence and critical perspectives on what frugal innovation entails, from disciplines such as science and engineering, humanities, and social sciences. This title contains one or more Open Access chapters.
Download or read book New Opportunities for Innovation Breakthroughs for Developing Countries and Emerging Economies written by Rachid Benmoussa and published by Springer Nature. This book was released on 2019-10-03 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 19th International TRIZ Future Conference on Automated Invention for Smart Industries, held in Marrakesh, Morocco, in October 2019 and sponsored by IFIP WG 5.4. The 41 full papers presented were carefully reviewed and selected from 72 submissions. They are organized in seven thematic sections: TRIZ improvement: theory, methods and tools; TRIZ and other innovation approaches; TRIZ applications in technical design; TRIZ applications in eco design; TRIZ applications in software engineering; TRIZ applications in specific disciplinary fields; and TRIZ in teaching.
