Frugal Innovation And Innovative Creation

Author : Paul Bouvier-Patron
Publisher : John Wiley & Sons
Page : 372 pages
File Size : 52,5 Mb
Release : 2023-10-10
Category : Business & Economics
ISBN : 9781786306975

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Frugal Innovation and Innovative Creation by Paul Bouvier-Patron Pdf

Businesses and enterprises can no longer avoid the concern of their Natural Environmental impact, which calls into question their economic activities. Frugal Innovation and Innovative Creation is at the crossroads of economics and management in business, particularly focused on innovative enterprises and their interactions with the Natural Environment. Navigating these interactions can be perceived by companies as a costly constraint, especially in an innovation process, which is already very expensive. The aim of this book is therefore to highlight the need for a satisfactory technology level while innovating, without risking damage to the Natural Environment. The challenge here is to propose a form of frugal innovation that is likely to be successful, while also mindful of the environmental considerations from the outset, hence the concept of environmental frugal innovation. Furthermore, by questioning the practice of innovative creation (especially if it integrates the ideas of respect for and preservation of the Natural Environment), this book reveals the importance of two key elements that are present regardless of the modality (the level of technology and organization): improvisation and bricolage.

Author : Yasser Bhatti,Radha Ramaswami Basu,David Barron,Marc J. Ventresca
Publisher : Cambridge University Press
Page : 341 pages
File Size : 45,6 Mb
Release : 2018-11-15
Category : Business & Economics
ISBN : 9781107188976

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Frugal Innovation by Yasser Bhatti,Radha Ramaswami Basu,David Barron,Marc J. Ventresca Pdf

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.

Author : Vanessa Ratten
Publisher : Routledge
Page : 126 pages
File Size : 45,5 Mb
Release : 2019-03-08
Category : Business & Economics
ISBN : 9780429849824

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Frugal Innovation by Vanessa Ratten Pdf

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. This book explains how frugal innovation is different to other types of innovation and how frugal innovation offers a creative solution to issues of sustainability and the circular economy. The book approaches innovation by taking into account the stakeholders and how companies can innovate efficiently in an inclusive manner. It presents successful cases of companies that have innovated frugally, making the book an engaging read for anyone who is interested to learn more.

Author : Paul Bouvier-Patron
Publisher : John Wiley & Sons
Page : 372 pages
File Size : 45,8 Mb
Release : 2023-08-31
Category : Business & Economics
ISBN : 9781394236800

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Frugal Innovation and Innovative Creation by Paul Bouvier-Patron Pdf

Businesses and enterprises can no longer avoid the concern of their Natural Environmental impact, which calls into question their economic activities. Frugal Innovation and Innovative Creation is at the crossroads of economics and management in business, particularly focused on innovative enterprises and their interactions with the Natural Environment. Navigating these interactions can be perceived by companies as a costly constraint, especially in an innovation process, which is already very expensive. The aim of this book is therefore to highlight the need for a satisfactory technology level while innovating, without risking damage to the Natural Environment. The challenge here is to propose a form of frugal innovation that is likely to be successful, while also mindful of the environmental considerations from the outset, hence the concept of environmental frugal innovation. Furthermore, by questioning the practice of innovative creation (especially if it integrates the ideas of respect for and preservation of the Natural Environment), this book reveals the importance of two key elements that are present regardless of the modality (the level of technology and organization): improvisation and bricolage.

Author : Nivedita Agarwal,Alexander Brem
Publisher : Springer Nature
Page : 305 pages
File Size : 54,9 Mb
Release : 2021-05-11
Category : Business & Economics
ISBN : 9783030671198

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Frugal Innovation and Its Implementation by Nivedita Agarwal,Alexander Brem Pdf

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.

Author : Adela J. McMurray,Gerrit A. de Waal
Publisher : Routledge
Page : 340 pages
File Size : 52,8 Mb
Release : 2019-11-28
Category : Business & Economics
ISBN : 9780429655272

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Frugal Innovation by Adela J. McMurray,Gerrit A. de Waal Pdf

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.

Author : Stephanie B.M. Cadeddu,Jerome D. Donovan,Cheree Topple,Gerrit A. de Waal,Eryadi K. Masli
Publisher : Routledge
Page : 222 pages
File Size : 49,5 Mb
Release : 2019-01-17
Category : Business & Economics
ISBN : 9780429671180

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Frugal Innovation and the New Product Development Process by Stephanie B.M. Cadeddu,Jerome D. Donovan,Cheree Topple,Gerrit A. de Waal,Eryadi K. Masli Pdf

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.

Author : Navi Radjou,Jaideep Prabhu
Publisher : Profile Books
Page : 303 pages
File Size : 50,5 Mb
Release : 2015-02-12
Category : Business & Economics
ISBN : 9781782831204

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Frugal Innovation by Navi Radjou,Jaideep Prabhu Pdf

CMI Management Book of the Year Award 2016 With a Foreword by Paul Polman, CEO, Unilever. Frugal innovation is a way that companies can develop high-quality products and create more value with limited resources. In today's cost-constrained environment, companies in the developed economies are seeking new routes to long-term business success - while also appealing to cost-conscious and environmentally-aware consumers. With an estimated trillion-dollar global market for sustainable products, and with potentially huge cost savings to be gained, frugal innovation is revolutionising business and reshaping management thinking. This seminal book gives an overview of the principles, perspectives and techniques behind frugal innovation, connecting with key contemporary business concepts such as the sharing and circular economies and the maker movement. It offers a blueprint for leaders and managers in companies of all sizes and across all sectors on how to profit from doing business frugally. Based on the authors' six key principles of frugal innovation, and packed with targeted advice and recommendations for business functions such as R&D, operations, HR and sales, Frugal Innovation is a masterclass in the art of doing more with less.

Author : Gautam H Parikh
Publisher : Bloomsbury Publishing
Page : 392 pages
File Size : 40,7 Mb
Release : 2016-07-11
Category : Business & Economics
ISBN : 9789384052942

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Handbook of Indian Securities by Gautam H Parikh Pdf

Gautam H. Parikh combines law, economics and finance in a rich, fact-driven analysis of Indian securities. Written with clarity, and an integrated and holistic approach, this book is essential reading for business professionals in finance, investments and emerging markets. It also provides an insight into how Indian securities are unique, especially in the context of India's legal framework. Handbook of Indian Securities is a highly readable, useful and practical guide for portfolio managers, investment researchers, corporate CFOs, treasury managers, security analysts, chartered accountants, management consultants and investment bankers. It is also ideal for MBA and CFA students as well as students of financial and securities law.

Author : Navi Radjou,Jaideep Prabhu,The Economist
Publisher : The Economist
Page : 273 pages
File Size : 41,5 Mb
Release : 2015-02-10
Category : Business & Economics
ISBN : 9781610395069

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Frugal Innovation by Navi Radjou,Jaideep Prabhu,The Economist Pdf

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

Author : Navi Radjou,Jaideep Prabhu,Simone Ahuja
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 45,6 Mb
Release : 2012-04-10
Category : Business & Economics
ISBN : 9781118249741

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Jugaad Innovation by Navi Radjou,Jaideep Prabhu,Simone Ahuja Pdf

"Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations.

Author : Navi Radjou,Jaideep Prabhu
Publisher : Profile Books
Page : 44 pages
File Size : 50,9 Mb
Release : 2015-02-12
Category : Business & Economics
ISBN : 9781781255513

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Frugal Innovation by Navi Radjou,Jaideep Prabhu Pdf

With a Foreword by Paul Polman, CEO, Unilever. Frugal innovation is a way that companies can develop high-quality products and create more value with limited resources. In today's cost-constrained environment, companies in the developed economies are seeking new routes to long-term business success - while also appealing to cost-conscious and environmentally-aware consumers. With an estimated trillion-dollar global market for sustainable products, and with potentially huge cost savings to be gained, frugal innovation is revolutionising business and reshaping management thinking. This seminal book gives an overview of the principles, perspectives and techniques behind frugal innovation, connecting with key contemporary business concepts such as the sharing and circular economies and the maker movement. It offers a blueprint for leaders and managers in companies of all sizes and across all sectors on how to profit from doing business frugally. Based on the author's six key principles of frugal innovation, and packed with targeted advice and specific recommendations for business functions such as R&D, operations, HR and sales and marketing, Frugal Innovation is a masterclass in the art of doing more with less.

Author : Navi Radjou,Jaideep C. Prabhu
Publisher : Unknown
Page : 0 pages
File Size : 40,8 Mb
Release : 2015
Category : Creative ability in business
ISBN : 9350099853

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Frugal Innovation by Navi Radjou,Jaideep C. Prabhu Pdf

Author : J. Haar,R. Ernst
Publisher : Springer
Page : 307 pages
File Size : 46,7 Mb
Release : 2016-11-16
Category : Political Science
ISBN : 9781137480293

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Innovation in Emerging Markets by J. Haar,R. Ernst Pdf

Innovation is sweeping the globe at breakneck speed, and emerging markets are where tremendous growth and opportunity reside. Jerry Haar and Ricardo Ernst delve into the forces and drivers that shape innovation in emerging markets and present case studies, along with a summation of the key features and outlook for innovation over the next decade.

Author : Cornelius Herstatt,Rajnish Tiwari
Publisher : Springer
Page : 257 pages
File Size : 51,8 Mb
Release : 2016-11-26
Category : Business & Economics
ISBN : 9783319463926

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Lead Market India by Cornelius Herstatt,Rajnish Tiwari Pdf

India is still perceived by some as a developing country that has yet to create world-class products of its own. However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its geographic boundaries. Many global companies have recognized these changes and are ramping up their local R&D capabilities. At the same time, several Indian firms are venturing out to international shores and gaining access to new markets. Using a top-down approach, the book takes a closer look at systems of innovation at work and presents examples of successful, corporate innovations in multiple industries and their contextual conditions.