A new paper by Stephan Buse and Rajnish Tiwari of the Center for Frugal Innovation at the Hamburg University of Technology that examines product and market cultivation strategies employed by German mid-sized firms (“Mittelstand”) in the BRIC nations, especially China and India. The paper was preseneted at the XXV ISPIM Conference – Innovation for Sustainable Economy & Society, Dublin, Ireland on 8-11 June 2014.
Category Archives: English
New paper: “Frugal innovation and analogies: some propositions for product development in emerging economies”
A new paper that seeks to generate some preliminary insights on the use of inventive analogies in the process of creating frugal innovations. The paper has been authored by Rajnish Tiwari, Katharina Kalogerakis and Cornelius Herstatt and was presented at the recently-held R&D Management Conference (June 3-6, 2014) in Stuttgart.
CFI enters a cooperation agreement with the Frugal Innovation Lab of Santa Clara University
A good news: Center for Frugal Innovation (CFI) of the Hamburg University of Technology (Technische Universität Hamburg-Harburg; TUHH) has entered into a cooperation agreement with the Frugal Innovation Lab (FIL) of the Santa Clara University (SCU) in California, USA. The two parent institutions, i.e. SCU and TUHH recently signed a Memorandum of Understanding (MoU) for “Collaboration in the Area of Frugal Innovation”.
New article: “Changing Dynamics of Lead Markets: A New Role for Emerging Economies as Innovation Hubs”
A new article by Rajnish Tiwari and Cornelius Herstatt, published in The European Financial Review, issue April/May 2014, pp. 69-72.
Lead markets play a crucial role in the global diffusion of innovations. Innovative firms actively seek access to such markets whilst policy makers, especially in Europe, have attempted to foster lead markets by concerted policy measures. Below, Rajnish Tiwari and Cornelius Herstatt suggest that the conventional wisdom on the emergence and functioning of lead markets needs a rethink to better reflect the changing dynamics in the global economy, and argue that dynamic economic growth in largely unsaturated markets and increasing technological capabilities are letting new lead markets emerge in the developing world.
Grassroots Innovation in Tunisia
By: Viktoria Geng and Moritz Göldner
Background/Project Development
In April 2013, a delegation of the Institute for Technology and Innovation Management (TIM) at Hamburg University of Technology (TUHH) conducted the “Innovation Lab – Grassroots Innovation” at the National Engineering School of Tunis (ENIT). The workshop was part of the TEMPUS-PARENIS project, funded by the European Commission. The participants of this full-day workshop were both, researchers and practice experts.