Texts on frugal innovation have been practitioner-oriented and largely based on anecdotal evidence. This book provides a scholarly understanding of frugal innovation, drawing on empirical research. The resulting theory paves the way for further academic research in the fields of social innovation, social entrepreneurship and development studies.
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.
'Taken as a whole, the book provides some deep insights into frugal innovation with the help of models and frameworks. It also provides a means for academics and practitioners to gain an understanding of frugal innovation with some prevalent cases. The book serves as a useful primer for anyone aspiring to research this area, and its illustration of innovation issues using various examples will be helpful for scholars.' Mokter Hossain, R&D Management
