Securing access to "lead markets" is generally regarded as a key driver for the increasing globalization of innovation … chance of uncertainty reduction for in the innovation process of firms. Lead markets are generally defined in terms of … innovation ; lead markets ; internationalization of R&D ; frugal innovations ; bottom of the pyramid …

a context for component suppliers to ramp up their innovation capabilities as well. For about past 20 years the auto … investigate the prevalent innovation pathways and trajectories in India’s Auto Component Industry. The results indicate that firms …, high quality products provide good incentives for investments and openness for external knowledge. Cooperation between …

The phenomenon of frugal innovation, as characterized by "affordable excellence", is experiencing increasing acceptance … businesses and fail to comprehend the importance of frugal innovation. They would be well advised to retain their focus on … innovation approaches. Instead of focusing on delivering "more for more for few" they should rather continue to focus on …

potentials of open global innovation networks are under-utilized. Furthermore, the study shows that frugality can (only) be …