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Alleviating Poverty in the Twenty-First Century Through Frugal Innovations

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  • Balkrishna Rao

Abstract

Sustainable development is easy to talk about but hard to accomplish. The author proposes an ambitious agenda to alleviate poverty in the world while also maintaining the sustainability of the planet's climate and economic growth. He introduces to many readers the concept of frugal inventions to move us forward in a difficult agenda that does not receive the widespread recognition it deserves.

Suggested Citation

  • Balkrishna Rao, 2014. "Alleviating Poverty in the Twenty-First Century Through Frugal Innovations," Challenge, Taylor & Francis Journals, vol. 57(3), pages 40-59.
    • Handle: RePEc:mes:challe:v:57:y:2014:i:3:p:40-59
    DOI: 10.2753/0577-5132570302
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    Cited by:

    1. Barnikol, Julian & Liefner, Ingo, 2024. "Serving society at large. Operationalization and evidence of (advanced) frugal innovation in industrialized economies," Technological Forecasting and Social Change, Elsevier, vol. 204(C).
    2. Balkrishna C. Rao & Ingo Liefner, 2023. "Frugal Engineering of Advanced Frugal Innovations for Global Sustainability Entrepreneurship," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 32(2_suppl), pages 69-88, November.
    3. Barnikol, Julian & Liefner, Ingo, 2022. "The prospects of advanced frugal innovations in different economies," Technology in Society, Elsevier, vol. 71(C).
    4. Anne Hyvärinen & Marko Keskinen & Olli Varis, 2016. "Potential and Pitfalls of Frugal Innovation in the Water Sector: Insights from Tanzania to Global Value Chains," Sustainability, MDPI, vol. 8(9), pages 1-16, September.
    5. Sharmelly, Rifat & Ray, Pradeep Kanta, 2021. "Managing resource-constrained innovation in emerging markets: Perspectives from a business model," Technology in Society, Elsevier, vol. 65(C).
    6. Bridget Chipanje & Dong Ying & Lv Haiping, 2021. "Performance analysis of Reverse and Frugal Innovations in Nigeria A Case Study of IVM automobile company," Technium Social Sciences Journal, Technium Science, vol. 23(1), pages 591-625, September.
    7. Zhenfeng Liu & Jian Feng & Jinfeng Wang, 2020. "Resource-Constrained Innovation Method for Sustainability: Application of Morphological Analysis and TRIZ Inventive Principles," Sustainability, MDPI, vol. 12(3), pages 1-23, January.
    8. Jacek Woźniak & Wioletta Sylwia Wereda, 2023. "Shaping Frugal Innovation Processes, and Ensuring Security and Sustainable Development of Enterprises in the Environment," Sustainability, MDPI, vol. 15(4), pages 1-22, February.

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