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Frugal Innovation - A Global Research Companion (Hardcover)
Loot Price: R3,907
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Frugal Innovation - A Global Research Companion (Hardcover)
Series: Routledge Studies in Innovation, Organizations and Technology
Expected to ship within 12 - 17 working days
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Customers are increasingly seeking "low-cost, high-quality" or what
is known as frugal products that meet the buyer's needs while
reducing the associated cost of ownership. This book examines the
developing principles and theories of frugal innovations across the
globe. The authors identify frugal innovation (FI) using a
multi-method approach to data analysis. They argue that the concept
of frugality as a societal/ethical value has undergone several
changes and propose a differentiated model of frugal innovations.
They address frugal innovations that have never been accessible to
the public. Hands-on case studies across various industry sectors
and countries, supported by theory, provide multiple learning
opportunities. The authors explore the relationship between FI and
digitalisation and technology, and discuss how FI can be applied in
the context of contemporary issues such as food security. Further,
they articulate the mechanisms by which FI beliefs and values can
be incorporated into organisational culture. The final chapters
address both ethical and controversial views of frugal innovation.
The book is a valuable resource for students in business courses,
for industry professionals wanting to improve their triple bottom
line, and for educators wanting to influence and change the
mindsets of the younger generations to effectively deal with
today's and tomorrow's challenges.
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