Topic
Frugal innovation
About: Frugal innovation is a research topic. Over the lifetime, 472 publications have been published within this topic receiving 9290 citations.
Papers
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TL;DR: A student medical technology innovation program designed to address global health needs is an effective means of generating new solutions to improve global health care.
Abstract: Background. Bench to Bedside is a 7-month-long medical innovation and entrepreneurship program at the University of Utah in which teams comprising students from various disciplines work together to...
4 citations
TL;DR: Whereas European countries face more problems in the innovation creation process, African countries experience difficulty sustaining and managing innovation, so the application of systematic early dialogue between all key stakeholders is suggested.
Abstract: The purpose of the study was to gain new insights into innovation systems by comparing state-of-the-art of existing approaches of innovation creation and innovation management in healthcare and ICT. It is unique, in that it compares countries in Africa with countries in Europe in order to identify similarities and differences regarding the creation and management of innovations. The main similarity is that early dialogue between different stakeholders was underrepresented during the whole innovation process in all countries. Our results also indicated that the various stakeholders often work in silos. The main difference was that the countries face problems at different stages of the innovation process. Whereas European countries face more problems in the innovation creation process, African countries experience difficulty sustaining and managing innovation. To overcome barriers, we suggest the application of systematic early dialogue between all key stakeholders. (C) 2019 S. Karger AG, Basel
4 citations
TL;DR: In this paper, the authors introduce the relevance of the special issue and summarize the major contributions of the accepted papers, and propose a research framework that could serve as a pointer for future researchers to proceed with further research challenges in the field of global operations management in terms of a need for advancing theory and frugal innovative production methods.
3 citations
26 Jul 2019
3 citations
08 Sep 2017
TL;DR: In this article, the authors highlight, list and describe some of the key theories and concepts which have been found to be critical in the development of successful inclusive market strategies in Sub-Saharan Africa.
Abstract: This chapter will highlight, list and describe some of the key theories and concepts which have been found to be critical in the development of successful inclusive market strategies in Sub-Saharan Africa. Important concepts are examined, including disruptive and frugal innovation, patient capital and long-term goal setting, re-organizing the organization, rethinking metrics and reporting, moving from transactional to transformational models, changing from closed to open business models, developing a partnership approach to business and reimagining products. South African companies such as MTN, Standard Bank, Capitec and Blue Label Telecoms, and other MNCs operating in Sub-Saharan Africa such as Unilever and GSK, which have embarked on this journey to the bottom of the pyramid are helping to “write the book”, as well as bringing development and employment to parts of the continent that desperately need it. This chapter refers to a number of these developments.
3 citations