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.

Autorentext

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.

Inhalt
Chapter 0Introduction: What we don't know about Frugal Innovations yet? Future Research Potentialsto Leverage Constraints for Driving Innovations on a Global ScaleSection 1: Evolution of Frugal InnovationChapter 1Institutional Perspectives on Frugal InnovationDaniel Etse & Adela McMurrayChapter 2Frugal Innovation in Healthcare: Factors Affecting the Diffusion in Developing EconomiesHareem ArshadSection 2: Frugal Engineering and Development ProcessChapter 3Strategic Alignment of Multinational Corporations for Frugal Innovation A Case StudyJulia S. Roppelt, Anirudha A. Dambal & Sergej von JandaChapter 4Quality Control of Frugal ProductsBalkrishna C. RaoChapter 5User-driven Innovation with Frugal Characteristics: A Multi-Case Analysis of China'sInnovation-Driven EconomyHenning Kroll & Ingo LiefnerChapter 6Fostering Frugal Innovation through Computer-aided Engineering: Benefits and Challengesfor Emerging Economy FirmsStefan Bernat & Solmaz Filiz KarabagSection 3: Frugal Innovation Becoming a Global PhenomenonChapter 7Frugal Innovation for Developed Markets: Target Customers, Characteristics, Success FactorsLiza Wohlfart, Julian Groganz, Sven Manefeld & Fabian FröhlichChapter 8New Business Models for Frugal Innovation: Experience from an Enterprise SupportingSustainable Smallholder Agriculture in KenyaJackson MusonaChapter 9Small Industrial Companies and Frugal Innovation: A Case Study in the State of Alagos/BrazilFrancisco Rosário & Araken LimaSection 4: Adding New Perspectives to Frugal InnovationChapter 10Implementing Frugal Innovation: Leveraging Constraints as Opportunities for ElectricRickshaws in IndiaAnne H. KochChapter 11Building Sustainable Innovation Through Changes in Employee Behavior and OrganizationalCapabilitiesMinna Saunila, Juhani Ukko & Tero RantalaChapter 12Digital Transformation as Enabler of Affordable Green Excellence: An Investigation ofFrugal Innovation in the Wind Energy SectorRajnish TiwariChapter 13Frugal Digital Innovation: Leveraging the Scale and Capabilities of Platform EcosystemsSuchit Ahuja