IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/22001_1.html
   My bibliography  Save this book chapter

What frugal innovation is: defining frugal innovation and delineating its forms through cases studies

In: The Economics of Frugal Innovation

Author

Listed:
  • with Sana Khan

Abstract

This chapter gives a very preliminary definition of FI suggested by Weyrauch and Herstatt’s (2017). It is based on three criteria: substantial cost reduction compared to the cost of its conventional counterparts, a concentration of frugal product on its core functionalities, an optimised performance level indicating that FI has a certain level of technological and environmental performance. These three criteria show how FI’s innovators experiment with a new direction of technological change: more inclusive (for more people) and less rich in terms of functionalities. In order to address the issue of frugality we continue by comparing FI with other types of innovation. Some case studies of FI provide empirical illumination to the phenomenon under observation.

Suggested Citation

  • with Sana Khan, 2023. "What frugal innovation is: defining frugal innovation and delineating its forms through cases studies," Chapters, in: The Economics of Frugal Innovation, chapter 1, pages 8-17, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22001_1
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781035302338.00006.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:22001_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.