How disruptive is frugal?

被引:150
作者
Rao, Balkrishna C. [1 ]
机构
[1] Indian Inst Technol, Dept Engn Design, Madras 600036, Tamil Nadu, India
关键词
Frugal-innovation; Disruptive innovation; Global warming; Financial crisis; Sustainability;
D O I
10.1016/j.techsoc.2013.03.003
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
Global warming and the recent financial crises have prompted a rethink among businesses on the production of cost-effective products and services. Frugal-innovations, with their genesis mainly in India, are accordingly becoming popular in emerging and developed economies due to their lower costs and no frills structure. By studying a variety of frugal-innovations, this effort brings out the features of these innovations and also examines their disruptiveness vis-a-vis other innovations. Furthermore, this paper has formalized the frugal-innovation process based on examples covered in this effort. Such a formalization will aid in the metamorphosis of an ordinary innovation into the frugal type. (C) 2013 Elsevier Ltd. All rights reserved.
引用
收藏
页码:65 / 73
页数:9
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