Frugal & Reverse Innovation for Harnessing Emerging Markets Potential - the Case of a Danish MNC
Agarwal N, Brem A, Dwivedi S (2019)
Publication Status: Published
Publication Type: Journal article
Future Publication Type: Journal article
Publication year: 2019
Journal
DOI: 10.1142/S1363919620500097
Abstract
In recent years, there has been a shift in the epicenter of innovation from developed to emerging markets. Western multinationals are increasingly harnessing the potential of emerging markets by setting up local subsidiaries and developing frugal and reverse innovations. This study is an attempt to explore this shift and investigate the process of development of these innovations using a case study analysis approach. The study analyzes the case of a technology-based Danish multinational (MNC) and explores how frugal innovations in India and China are developed. Based on nine interviews with leading R&D experts, the results provide evidence for the ongoing innovation shift and offer insights into the development of frugal products in local R&D projects. Growing traction towards reverse innovation, where MNCs are developing frugal products for global markets is also an important finding.
Authors with CRIS profile
Nivedita Agarwal
Lehrstuhl für Technologiemanagement
Alexander Brem
Lehrstuhl für Technologiemanagement
Involved external institutions
Denmark (DK)How to cite
APA:
Agarwal, N., Brem, A., & Dwivedi, S. (2019). Frugal & Reverse Innovation for Harnessing Emerging Markets Potential - the Case of a Danish MNC. International Journal of Innovation Management. https://dx.doi.org/10.1142/S1363919620500097
MLA:
Agarwal, Nivedita, Alexander Brem, and Sanjeet Dwivedi. "Frugal & Reverse Innovation for Harnessing Emerging Markets Potential - the Case of a Danish MNC." International Journal of Innovation Management (2019).
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