This study explores the potential of frugal innovation for Europe. Frugal innovation relates to the process of reducing a solution to exactly those, often basic, functionalities that users will need, thus economising on resources and cost. While firms and entrepreneurs from emerging economies...

This study explores the potential of frugal innovation for Europe. Frugal innovation relates to the process of reducing a solution to exactly those, often basic, functionalities that users will need, thus economising on resources and cost. While firms and entrepreneurs from emerging economies...

This literature study explores the quickly expanding body of literature on the subject of frugal innovation with a view to common definitions, central prerequisites and possible avenues of future development. On that basis, it seeks to establish a better and more focused understanding of the...