Recent years have seen the emergence of a paradigm of low-cost innovations targeted at economically weaker sections of the society, seeking to align business with social welfare. In many instances, results on the ground have been, however, rather sobering as firms have generally worried that...

Frugal innovation and frugal engineering are becoming increasingly important in both academic and practical discussions in the face of various economic, social and environmental pressures. Despite numerous positive associations and opportunities of frugality in the corporate environment, the...