Frugal Innovation and Its Implementation

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Author :
Publisher : Springer Nature
ISBN 13 : 3030671194
Total Pages : 305 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Frugal Innovation and Its Implementation by : Nivedita Agarwal

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.

Frugal Innovation

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1107188970
Total Pages : 341 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Frugal Innovation by : Yasser Bhatti

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.

Jugaad Innovation

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Publisher : John Wiley & Sons
ISBN 13 : 1118249747
Total Pages : 293 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis Jugaad Innovation by : Navi Radjou

Download or read book Jugaad Innovation written by Navi Radjou and published by John Wiley & Sons. This book was released on 2012-04-10 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations.

Frugal Innovation

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Author :
Publisher : The Economist
ISBN 13 : 1610395069
Total Pages : 273 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Frugal Innovation by : Navi Radjou

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

Frugal Innovation and the New Product Development Process

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Author :
Publisher : Routledge
ISBN 13 : 0429671180
Total Pages : 222 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Frugal Innovation and the New Product Development Process by : Stephanie B.M. Cadeddu

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.

Frugal Engineering

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Author :
Publisher : Springer Nature
ISBN 13 : 9819997003
Total Pages : 247 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Frugal Engineering by : Balkrishna C. Rao

Download or read book Frugal Engineering written by Balkrishna C. Rao and published by Springer Nature. This book was released on with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Innovation Economics, Engineering and Management Handbook 1

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119832489
Total Pages : 466 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Innovation Economics, Engineering and Management Handbook 1 by : Dimitri Uzunidis

Download or read book Innovation Economics, Engineering and Management Handbook 1 written by Dimitri Uzunidis and published by John Wiley & Sons. This book was released on 2021-06-08 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, in economic activity, in managerial concepts and in engineering design, results from creative activities, entrepreneurial strategies and the business climate. Innovation leads to technological, organizational and commercial changes, due to the relationships between enterprises, public institutions and civil society organizations. These innovation networks create new knowledge and contribute to the dissemination of new socio-economic and technological models, through new production and marketing methods. Innovation Economics, Engineering and Management Handbook 1 is the first of the two volumes that comprise this book. The main objectives across both volumes are to study the innovation processes in todays information and knowledge society; to analyze how links between research and business have intensified; and to discuss the methods by which innovation emerges and is managed by firms, not only from a local perspective but also a global one. The studies presented in these two volumes contribute toward an understanding of the systemic nature of innovations and enable reflection on their potential applications, in order to think about the meaning of growth and prosperity.

The Frugal Innovator

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Author :
Publisher : Springer
ISBN 13 : 1137335378
Total Pages : 124 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis The Frugal Innovator by : C. Leadbeater

Download or read book The Frugal Innovator written by C. Leadbeater and published by Springer. This book was released on 2014-04-29 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful book looks at the phenomenon of low-cost innovation and explores what we can learn from the innovators in developing nations who are making amazing technical and social advances with scarce capital and resources. Charles Leadbeater shows how these methods can be applied and used wherever you are and whatever your capital.

The Economics of Frugal Innovation

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1035302330
Total Pages : 186 pages
Book Rating : 4.0/5 (353 download)

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Book Synopsis The Economics of Frugal Innovation by : Christian Le Bas

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.

Handbook on Frugal Innovation

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1788118871
Total Pages : 445 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Handbook on Frugal Innovation by : André Leliveld

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.

Frugal Innovation

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Author :
Publisher : Routledge
ISBN 13 : 0429655274
Total Pages : 353 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Frugal Innovation by : Adela J. McMurray

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 353 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.

Frugal Innovation and Social Transitions in the Digital Era

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Author :
Publisher : IGI Global
ISBN 13 : 166845419X
Total Pages : 231 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Frugal Innovation and Social Transitions in the Digital Era by : Tunio, Muhammad Nawaz

Download or read book Frugal Innovation and Social Transitions in the Digital Era written by Tunio, Muhammad Nawaz and published by IGI Global. This book was released on 2022-12-09 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frugal innovation is considered a new source of innovation, mainly to meet the needs of low-income customers. Hence, frugal innovation has primarily been explored emphasizing affordability. The concept of frugal and social innovation is a new idea and requires perspectives from academicians, researchers, and organizations to reach its full potential. Frugal Innovation and Social Transitions in the Digital Era considers the social value of innovation, frugal innovation, and social innovation in society at local, national, and international levels and calls the attention of scholars and researchers around the globe to focus on the social perspectives and social patterns of human life and society. Covering key topics such as emerging technologies, entrepreneurship, and social change, this reference work is ideal for computer scientists, business owners, managers, policymakers, researchers, scholars, practitioners, instructors, and students.

Frugal Innovation and Innovative Creation

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1394236808
Total Pages : 372 pages
Book Rating : 4.3/5 (942 download)

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Book Synopsis Frugal Innovation and Innovative Creation by : Paul Bouvier-Patron

Download or read book Frugal Innovation and Innovative Creation written by Paul Bouvier-Patron and published by John Wiley & Sons. This book was released on 2023-08-31 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Businesses and enterprises can no longer avoid the concern of their Natural Environmental impact, which calls into question their economic activities. Frugal Innovation and Innovative Creation is at the crossroads of economics and management in business, particularly focused on innovative enterprises and their interactions with the Natural Environment. Navigating these interactions can be perceived by companies as a costly constraint, especially in an innovation process, which is already very expensive. The aim of this book is therefore to highlight the need for a satisfactory technology level while innovating, without risking damage to the Natural Environment. The challenge here is to propose a form of frugal innovation that is likely to be successful, while also mindful of the environmental considerations from the outset, hence the concept of environmental frugal innovation. Furthermore, by questioning the practice of innovative creation (especially if it integrates the ideas of respect for and preservation of the Natural Environment), this book reveals the importance of two key elements that are present regardless of the modality (the level of technology and organization): improvisation and bricolage.

Handbook of Innovation & Appropriate Technologies for International Development

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Publisher : Edward Elgar Publishing
ISBN 13 : 1800887825
Total Pages : 297 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Handbook of Innovation & Appropriate Technologies for International Development by : Régnier, Philippe

Download or read book Handbook of Innovation & Appropriate Technologies for International Development written by Régnier, Philippe and published by Edward Elgar Publishing. This book was released on 2022-10-20 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Handbook provides a conceptual discussion and an empirical review of new disruptive forms of innovation producing appropriate technologies, which address both the needs of low-income populations worldwide, and provides alternative solutions for sustainable development.

Dynamics in Logistics

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Publisher : Springer
ISBN 13 : 3319451170
Total Pages : 486 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Dynamics in Logistics by : Michael Freitag

Download or read book Dynamics in Logistics written by Michael Freitag and published by Springer. This book was released on 2016-09-15 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: These proceedings contain research papers presented at the 5th International Conference on Dynamics in Logistics, held in Bremen, Germany, February 2016. The conference is concerned with dynamic aspects of logistic processes and networks. The spectrum of topics reaches from modeling, planning and control of processes over supply chain management and maritime logistics to innovative technologies and robotic applications for cyber-physical production and logistic systems. The growing dynamic confronts the area of logistics with completely new challenges: it must become possible to describe, identify and analyze the process changes. Moreover, logistic processes and networks must be redevised to be rapidly and flexibly adaptable to continuously changing conditions. The book primarily addresses researchers and practitioners from the field of industrial engineering and logistics, but it may also be beneficial for graduate students.

The Business of Humanity

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Publisher : CRC Press
ISBN 13 : 1351999893
Total Pages : 162 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis The Business of Humanity by : John Camillus

Download or read book The Business of Humanity written by John Camillus and published by CRC Press. This book was released on 2017-07-06 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies across the world, for a variety of reasons, are committing to incorporating social responsibility into their business models and finding that their profits are growing and their long-term sustainability is enhanced—building "humanity" into their business models as the driver of economic, environmental, and social sustainability. This fascinating development is a widely observable global phenomenon. The "Business of Humanity®" (BoH) Proposition is the synthesis of counter-intuitive but simple and powerful ideas about how companies can add value in today’s globalized and fast-changing world. The task of BoH Strategies is to overcome three critical challenges characterizing today’s business environment, namely disruptive technologies, conflicted stakeholders, and unknowable futures. BoH Strategies are designed to convert these challenges into opportunities for enhanced sustainability on all three dimensions—economic, environmental and social. Written by leading experts with decades of experience, this book: Provides a hands-on understanding of how to implement this powerful and rewarding approach to simultaneously add economic value and enhance social benefit Includes the experiences and approaches of highly regarded business executives and successful organizations Responds to the critical challenges created by three environmental mega forces – the inevitability of globalization, the imperative of innovation, and the importance of shared value. This book is based on lessons drawn from the real world and provides a compelling rationale for the power of the BoH Proposition. The pragmatic framework and process offered enable companies to develop and confidently implement value-adding strategies based on the BoH Proposition.

The Routledge Companion to Innovation Management

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Publisher : Routledge
ISBN 13 : 1351997068
Total Pages : 724 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis The Routledge Companion to Innovation Management by : Jin Chen

Download or read book The Routledge Companion to Innovation Management written by Jin Chen and published by Routledge. This book was released on 2019-02-14 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation contributes to corporate competitiveness, economic performance and environmental sustainability. In the Internet era, innovation intelligence is transferred across borders and languages at an unprecedented rate, yet the ability to benefit from it seems to become more divergent among different corporations and countries. How much an organization can benefit from innovation largely depends on how well innovation is managed in it. Thus, there is a discernible increase in interest in the study of innovation management. This handbook provides a comprehensive guide to this subject. The handbook introduces the basic framework of innovation and innovation management. It also presents innovation management from the perspectives of strategy, organization and resource, as well as institution and culture. The book’s comprehensive coverage on all areas of innovation management makes this a very useful reference for anyone interested in the subject. Chapter 5 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license available at http://www.taylorfrancis.com/books/9781315276670