Frugal innovation

About: Frugal innovation is a research topic. Over the lifetime, 472 publications have been published within this topic receiving 9290 citations.

Funding Frugal Innovation in Global Health: Philanthropy, Aid, and Industry

Abstract: Fail early, fail often, and fail forward. Reduce complexity. Do more with less. Frugal innovation. Frugal engineering. These phrases, and the ideas they encapsulate, are hot topics that may have begun life as mantras in Silicon Valley but now span multiple arenas, including engineering, biomedicine, and global health and development. The term frugal innovation was coined by Carlos Ghosn, chairman and CEO of Renault and Nissan, in 2006, 10 years prior to the publication of this edited book. It seems he intended the term to mean how to do more with less: produce products that are good enough at a fraction of the cost, presumably through less expensive components and less costly research and development (RD many companies have embraced the idea of frugal engineering to try to attract consumers and provide products and services in markets not previously considered profitable. But to save and improve lives in the Global South, doing more with less does not just mean making simpler, cheaper versions of existing solutions. It must mean doing what Renault-Nissan is attempting with the Kwid and Prakash with the foldscope: developing solutions with direct relevance to consumers in a particular country with mostly local materials as well as providing the ability to maintain and repair the technology with local expertise and parts. The jury is still out on how the Renault Kwid will do in India, but many of the right ingredients went into the design, development, and manufacture to give hope for success.

Bibliometric analysis for frugal innovation

Abstract: Bibliometrics is a statistical technique used to measure aspects of academic production that contribute for developing sciences. The purpose of this article is to present research results highlighting in main works on frugal innovation. The research has been based in bibliometric theories, exploring bases to indicate main correlational areas, documents profiles and verify the level of growth these scientific documents. It was possible to generate visual density and Network maps by Vosviewer software, ranking of documents per authors and World ranking papers from Web of Science and Scopus bases. It was possible to identify and highlight main topics related to management area; keywords associated and related topics for this theme, also answering concepts presented by authors for frugal innovation.

Potentials of Frugal Innovation to Combine the Social and Economic Objectives in the Marketing of Social Enterprises: The Case of EinDollarBrille e.V.

Abstract: Social enterprises strive to address social problems and pursue economic goals. In doing so, they also have to deal with the question of how to structure their marketing approaches to balance social and economic marketing goals. Frugal innovation often aims to address social problems with solutions that are affordable and of high quality. At the same time, these innovations are embedded in economic structures and aim to generate profits. Thus, it is assumed that such innovations influence the design of marketing strategies. This case study reveals how the social enterprise EinDollarBrille e.V. combines social and economic aims in its marketing approach based on a frugal innovation. The findings are consistent with previous research that social enterprises should try to overcome seeming contradictions of marketing goals. It is proposed that social enterprises could consciously pursue strategies that create synergy between their dual aims. Thereby, frugal innovations can be advantageous.