Tag Archives: Policy Matters

New publication on “Soft Power of Frugal Innovation”

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New working paper by Rajnish Tiwari and Jaideep Prabhu: “Soft Power of Frugal Innovation and its Potential Role in India’s Emergence as a Global Lead Market for Affordable Excellence”

In a fruitful cooperation between Center for Frugal Innovation (CFI) and the Cambridge Judge Business School, University of Cambridge, Rajnish Tiwari and Jaideep Prabhu have published a conceptual paper on the potential role of frugal innovations in contributing to “soft power” of its creators.

An edited version of this paper is scheduled to appear as a chapter in a forthcoming book on Indian soft power by the Ananta Aspen Centre (AAC). The paper has been published in the Working Paper series of the TUHH Institute for Technology and Innovation Management. The project was initiated after being requested by the AAC to contribute a chapter to the aforementioned contributed volume in May 2017. The chapter was finally contributed in January 2018 and is now in the process of publication.

Abstract:

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Neue Publikation – “Potenziale frugaler Innovationen: Handlungsimplikationen für das deutsche Forschungs- und Innovationssystem”

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Working_Paper_99_CoverIn Deutschland ist ein Trend hin zu mehr Frugalität und folglich zu frugalen Innovationen erkennbar. Dieser Trend wird maßgeblich getrieben von der zunehmenden Bedeutung von Wachstumsmärkten in Schwellenländern, der Einkommensentwicklung in der hiesigen Gesellschaft sowie dem sich wandelnden Werteverständnis – besonders dem hohen Umweltbewusstsein und der Wahl moderater Lebensstile durch viele (insbesondere junge) Leute. Auch die demographische Entwicklung („alternde Gesellschaft“) scheint die Nachfrage nach benutzerfreundlichen, weniger komplexen und zugleich erschwinglichen Lösungen zu steigern. Die vorliegende Studie von Katharina Kalogerakis, Rajnish Tiwari und Luise Fischer setzt sich mit den politischen Handlungsimplikationen dieses Phänomens für das deutsche Forschungs- und Innovationssystem auseinander.

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Invitation to the Concluding Conference in Hamburg: “Potentials of Frugal Innovation”

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We are very pleased to invite interested researchers, business persons, representatives of industry associations, policy makers and members of civil society to our conference on “Potentials of Frugal Innovation” in Hamburg, Germany, on 27 September 2017.

The conference marks the conclusion of our BMBF supported research project entitled “Potentials, challenges and societal relevance of fugal innovations in the context of the global competition for innovation.” Partners of this ITA-project 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.

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Aiming Big with Small Cars: Emergence of a Lead Market in India

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A new book by Rajnish Tiwari and Cornelius Herstatt dealing with frugal innovations and the role of emerging market countries, published by Springer

  • Critical analysis of today’s dominant logic and extension of lead market paradigm
  • Delivers new assessment tools for identifying emerging lead markets
  • Explores opportunities for frugal innovations and their constituent characteristics
  • Detailed analysis of a sunrise industry in India​

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Report: 43 million Europeans lack food, 120 million at the verge of poverty

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A report on presstv.ir, based on a study by the International Federation of Red Cross and Red Crescent Societies titled “Think differently: Humanitarian impacts of the economic crisis in Europe” states:

The Red Cross says that the financial crisis in Europe has left 43 million of its citizens with insufficient food to eat, calling it the worst humanitarian crisis over a half century.

Bekele Geleta, secretary general of the International Federation of Red Cross and Red Crescent Societies (IFRC) presented a report in Geneva on Thursday over the impacts of the economic crisis.

The report also showed that some 120 million Europeans face the risk of poverty and many continue to suffer in countries that are in the process of recovering financially.

“People’s lives have been thrown into turmoil and there seems to be a gradual degradation, with millions existing on a day-to-day basis, with no savings and no buffer to withstand any unforeseen expenses,” said Geleta and added, “Europe is facing its worst humanitarian crisis in six decades.”

Excerpted from: http://www.presstv.ir/detail/2013/10/10/328709/43-million-people-lack-food-in-europe/ (Oct. 10, 2013)

Also see: “Five years on: The European economic crisis leaves a legacy of poverty”

Comment by Dr. Rajnish Tiwari

“What else if this does not document the need for affordable and ‘good enough’ products & services targeted at price-sensitive consumers? Companies need a rethink of their current business stratgies and innovation practices that are based on opulence, superfluousness, and planned obsolescence! Frugal innovations are not only meant for the emerging economies, we need them in Europe too, in the very heart of the industrialized world.”