Understanding frugal innovation: a case study of university professionals in developed countries

ABSTRACT Frugal innovation will likely play an important part in the future of innovation management. In developed countries like Finland, it has attracted only meagre research attention thus far, but global interest in the concept is increasing quite rapidly. The study focuses on how frugal innovation is understood among developed countries’ professionals and nascent professionals in a technical university setting. The study aims to contribute to an improved understanding of and readiness for frugal innovation in developed countries. Improved readiness for frugal innovation is necessary to realize the full potential of the concept. Frugal innovation shall be included as an element of the research agendas and teaching in developed countries.

[1]  Andrew Millington,et al.  The Diverse and Contested Meanings of Sustainable Development , 2004 .

[2]  Chris Trimble,et al.  How GE Is Disrupting Itself , 2009 .

[3]  R. A. Mashelkar,et al.  Innovation's Holy grail , 2010 .

[4]  Oliver Gassmann,et al.  Frugal Innovation in Emerging Markets , 2011 .

[5]  Vesa Harmaakorpi,et al.  Practice-Based Innovation: Insights, Applications and Policy Implications , 2011 .

[6]  Irene J. Petrick.  Innovation in Emerging Markets , 2011 .

[7]  Sangeeta Ray,et al.  Product innovation for the people's car in an emerging economy , 2011 .

[8]  Andrea Colantonio,et al.  Social sustainability: exploring the linkages between research, policy and practice , 2011 .

[9]  Cornelius Herstatt,et al.  Frugal Innovations for the 'Unserved' Customer: An Assessment of India's Attractiveness as a Lead Market for Cost-Effective Products , 2012 .

[10]  Cornelius Herstatt,et al.  Aiming Big with Small Cars: Emergence of a Lead Market in India , 2013 .

[11]  Preeta M. Banerjee,et al.  FRUGAL INNOVATION CORE COMPETENCIES TO ADDRESS GLOBAL SUSTAINABILITY , 2013 .

[12]  C. Hang,et al.  Developing Disruptive Products for Emerging Economies: Lessons From Asian Cases , 2013 .

[13]  Andy Haines,et al.  Learning from the Brazilian Community Health Worker Model in North Wales , 2013, Globalization and Health.

[14]  Fidele Ngabo,et al.  Shared learning in an interconnected world: innovations to advance global health equity , 2013, Globalization and Health.

[15]  S. Syed,et al.  Reverse innovation in global health systems: towards global innovation flow , 2013, Globalization and Health.

[16]  J. DePasse,et al.  A model for ‘reverse innovation’ in health care , 2013, Globalization and Health.

[17]  T. Papaioannou.  How inclusive can innovation and development be in the twenty-first century? , 2014 .

[18]  N. Crisp.  Mutual learning and reverse innovation–where next? , 2014, Globalization and Health.

[19]  V. Govindarajan,et al.  Reverse innovation, emerging markets, and global strategy , 2014, IEEE Engineering Management Review.

[20]  Cornelius Herstatt,et al.  Frugal innovation and analogies: Some propositions for product development in emerging economies , 2014 .

[21]  Marco Zeschky,et al.  Organising for reverse innovation in Western MNCs: the role of frugal product innovation capabilities , 2014, Int. J. Technol. Manag..

[22]  C. Herstatt,et al.  Aiming Big with Small Cars , 2014 .

[23]  Jouni Ikonen,et al.  Cloud-based bibliometric analysis service for systematic mapping studies , 2015, CompSysTech '15.

[24]  M. Zedtwitz,et al.  A Typology of Reverse Innovation , 2015 .

[25]  J. Ezekowitz,et al.  How to Do More With Less. , 2015, Circulation. Cardiovascular quality and outcomes.

[26]  C. Prahalad,et al.  Why sustainability is now the key driver of innovation , 2013, IEEE Engineering Management Review.

[27]  Cornelius Herstatt,et al.  Frugale Innovation: Wissenschaftliche Einordnung eines neuen Innovationsbegriffs , 2015 .

[28]  Rakhshanda Khan,et al.  How Frugal Innovation Promotes Social Sustainability , 2016 .

[29]  Cornelius Herstatt,et al.  What is frugal innovation? Three defining criteria , 2016 .

[30]  Rakhshanda Khan.  The Contribution of Socially Driven Businesses and Innovations to Social Sustainability , 2017 .

[31]  Georges Martin.  social sustainability , 2022, The Fairchild Books Dictionary of Fashion.