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  • © 2021

Frugal Innovation and Its Implementation

Leveraging Constraints to Drive Innovations on a Global Scale

Editors:

(view affiliations)
  • Presents the latest research insights into the state and nature of frugal innovation

  • Discusses challenges such as development of digitalization and suggests leveraging factors

  • Depicts frugal innovation approaches from around the world

Part of the book series: Contributions to Management Science (MANAGEMENT SC.)

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eBook
USD 139.00
Price excludes VAT (USA)
  • ISBN: 978-3-030-67119-8
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 179.99
Price excludes VAT (USA)
Hardcover Book
USD 179.99
Price excludes VAT (USA)

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xiv
  2. Evolution of Frugal Innovation

    1. Front Matter

      Pages 1-1
    2. Institutional Perspectives on Frugal Innovation

      • Daniel Etse, Adela McMurray
      Pages 3-29
  3. Frugal Engineering and Development Process

    1. Front Matter

      Pages 53-53
    2. Strategic Alignment of Multinational Corporations for Frugal Innovation—A Case Study

      • Julia S. Roppelt, Anirudha A. Dambal, Sergej von Janda
      Pages 55-82
    3. Quality Control of Frugal Products

      • Balkrishna C. Rao
      Pages 83-94
  4. Frugal Innovation Becoming a Global Phenomenon

    1. Front Matter

      Pages 139-139
    2. Frugal Innovation for Developed Markets: Target Customers, Characteristics, Success Factors

      • Liza Wohlfart, Julian Groganz, Sven Manefeld, Fabian Fröhlich
      Pages 141-164
    3. Small Industrial Companies and Frugal Innovation: A Case Study in the State of Alagoas/Brazil

      • Francisco José Peixoto Rosário, Araken Alves de Lima
      Pages 191-215

About this book

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.


Keywords

  • Path development of frugal innovation
  • Frugal innovation in developing countries
  • Sharing economy and innovation
  • Challenges of a circular economy
  • Innovation with minimal investment
  • Grassroots vs. frugal innovation
  • Research studies on frugal innovation
  • sustainability

Editors and Affiliations

  • University of Stuttgart, Stuttgart, Germany

    Nivedita Agarwal, Alexander Brem

About the editors

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.


Bibliographic Information

Buying options

eBook
USD 139.00
Price excludes VAT (USA)
  • ISBN: 978-3-030-67119-8
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 179.99
Price excludes VAT (USA)
Hardcover Book
USD 179.99
Price excludes VAT (USA)