Frugal Innovation


Description / Outline

With its roots in emerging economies, various "constraint-based Innovation" approaches (including "grassroots innovation", "jugaad", "catalytic innovation" and "social innovation") and especially the concept of "Frugal Innovation" have come a long way from focusing on subsistence marketplaces or "Bottom of the Pyramid" ("BoP") customers to being applied to address global challenges. At the Chair of Technology Management, within this research area, we primarily focus on exploring the concept of "Frugal Innovation" and related tools and methodologies, understanding its relevance in developed economies, identifying different technology transfers trends (including "reverse innovations") and new social entrepreneurship models.In particular, we aim to answer following research questions:

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