„Frugal Innovation in Scholarly and Social Discourse“: New Paper on Trends and Societal Implications

Tiwari_et_al_2016_Frugal_Innovation_BMBF_ITA_CoverAs a part of our joint BMBF-ITA project with Fraunhofer Center for International Management and Knowledge Economy (MOEZ) in Leipzig we have published a new paper to assess trends and potential societal implications of frugal innovation by analyszing scholarly and social discourse.Apart from this the paper also reports results of our workshop held in Hamburg on January 12, 2016 to assess the potentials of frugal innovation in the specific context of Germany. The publication details are as follows:

Frugal Innovation in Scholarly and Social Discourse: An Assessment of Trends and Potential Societal Implications

Authored by: Rajnish Tiwari a, Luise Fischer b and Katharina Kalogerakis a

a Center for Frugal Innovation, Institute for Technology and Innovation Management, Hamburg University of Technology (TUHH), Hamburg, Germany

b Fraunhofer Center for International Management and Knowledge Economy (MOEZ), Leipzig, Germany

Abstract

The topic of frugal innovation is increasingly gaining relevance in social as well as scholarly discourse. Frugal innovations have been perceived by many to be a phenomenon generally confined to emerging economies where there are large groups of unserved consumers with unmet needs. But there is increasing evidence that this phenomenon is getting relevant also in the industrialized nations potentially affecting the long-term competitiveness of domestic firms not only overseas but also at home.

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Call for Contributions – Scientific symposium: “Potentials of frugal innovation in industrial countries”

Frugal innovations offer high customer value (core functionality, durability, ease of use) as well as significantly reduced costs of ownership compared with standard products and services. The phenomenon of frugal innovations was initially observed in emerging economies and the scholarly discourse still largely focuses on this context. Now there is increasing evidence that frugal solutions are also diffusing in the economically developed nations. It is, however unclear, to what extent frugal innovations are relevant for industrial economies such as Germany in economic and socio-political contexts.

This symposium is part of a larger research project funded by the BMBF as a part of its ITA (Innovations- und Technikanalysen) programme and entitled “Potentials, challenges and societal relevance of frugal innovations in the context of the global competition for innovation”. Project partners are the Fraunhofer Center for International Management and Knowledge Economy in Leipzig and the Institute for Technology and Innovation Management at the Hamburg University of Technology.

Date: 24 June 2016, 10am – 5pm

Venue: HHL Leipzig Graduate School of Management, Leipzig, Germany

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