Frugal Innovation And The New Product Development Process
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Frugal Innovation And The New Product Development Process
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Author : Stephanie B.M. Cadeddu
language : en
Publisher: Routledge
Release Date : 2019-01-17
Frugal Innovation And The New Product Development Process written by Stephanie B.M. Cadeddu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-17 with Business & Economics categories.
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 Innovation And Its Implementation
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Author : Nivedita Agarwal
language : en
Publisher: Springer Nature
Release Date : 2021-05-11
Frugal Innovation And Its Implementation written by Nivedita Agarwal and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-11 with Business & Economics categories.
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 : Yasser Bhatti
language : en
Publisher: Cambridge University Press
Release Date : 2018-11-15
Frugal Innovation written by Yasser Bhatti and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-15 with Business & Economics categories.
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.
Frugal Innovation
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Author : Adela J. McMurray
language : en
Publisher: Routledge
Release Date : 2019-11-28
Frugal Innovation written by Adela J. McMurray and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-28 with Business & Economics categories.
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
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Author : Vanessa Ratten
language : en
Publisher:
Release Date : 2019
Frugal Innovation written by Vanessa Ratten and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Low-income consumers categories.
This book discusses the growing use and importance of frugal innovation in society. Frugal innovation looks at innovating in a cost-efficient manner by taking into account available resources. It presents successful cases of companies that have innovated frugally, making the book an engaging read for anyone who is interested to learn more.
Handbook On Frugal Innovation
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Author : André Leliveld
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-09-06
Handbook On Frugal Innovation written by André Leliveld and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-06 with Science categories.
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 : Navi Radjou
language : en
Publisher: The Economist
Release Date : 2015-02-10
Frugal Innovation written by Navi Radjou and has been published by The Economist this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-10 with Business & Economics categories.
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
Proceedings Of The 2nd International Conference On Educational Management And Technology Icemt 2023
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Author : Ediyanto Ediyanto
language : en
Publisher: Springer Nature
Release Date : 2023-12-13
Proceedings Of The 2nd International Conference On Educational Management And Technology Icemt 2023 written by Ediyanto Ediyanto and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-13 with Education categories.
This is an open access book. Building educational management and technology for an equitable global civilization requires a multifaceted approach, taking into account the various cultural, economic and political factors that shape the world. Building educational management and technology for an equitable global civilization requires a comprehensive and systemic approach that takes into account the needs and well-being of all individuals, communities and the environment. A just and equitable global civilization must be built on sustainable practices that guarantee the preservation of natural resources and the environment. A just civilization must ensure that all individuals have access to resources, opportunities and basic needs such as food, shelter and health care. Building educational management and technology for an equitable global civilization requires building that takes into account the needs of marginalized communities and addresses systemic inequalities. Building a just civilization must be transparent and accountable, with clear processes and structures for decision-making and resource allocation. This includes involving community members in decision-making processes and providing clear communication about building and resource management. A just civilization must ensure that individuals are safe and physically protected in their buildings and communities. This includes ensuring that buildings are structurally sound and meet safety codes, as well as implementing safety measures to protect individuals from harm. Building education management and technology should prioritize community ownership and involvement, creating spaces and opportunities for individuals to come together, connect and support one another. Overall, building educational management and technology for an equitable global civilization requires a commitment to sustainability, inclusiveness, transparency, security and community building. By prioritizing these values, we can create a more just and equitable world for all. Building educational management and technology for an equitable global civilization needs to continue to encourage the creation of an environment where everyone feels accepted, valued and supported. This means promoting diversity, equity and inclusion in all aspects of organizational and educational practice. It also means taking steps to eliminate bias, discrimination.
Disruptive Frugal Digital Innovation In Africa
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Author : Brighton Nyagadza
language : en
Publisher: Emerald Group Publishing
Release Date : 2025-02-28
Disruptive Frugal Digital Innovation In Africa written by Brighton Nyagadza and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-02-28 with Business & Economics categories.
Taking a multi-faceted approach, Disruptive Frugal Digital Innovation in Africa proposes implementations towards positive development in under-researched African contexts.
Innovation Management And New Product Development
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Author : Mr. Rohit Manglik
language : en
Publisher: EduGorilla Publication
Release Date : 2024-01-05
Innovation Management And New Product Development written by Mr. Rohit Manglik and has been published by EduGorilla Publication this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-05 with Business & Economics categories.
EduGorilla Publication is a trusted name in the education sector, committed to empowering learners with high-quality study materials and resources. Specializing in competitive exams and academic support, EduGorilla provides comprehensive and well-structured content tailored to meet the needs of students across various streams and levels.