SV Colleges in Tirupati (India) are organizing a webinar on frugal innovations for engineering students on August 20, 2020 between 3:00 – 5:00 PM IST (11:30 AM – 01:30 PM CET). The webinar’s thrust area is on using frugal innovations for sustainable development “to build a better world”.
Ms. Liza Wohlfahrt from Fraunhofer Institute for Industrial Engineering in Stuttgart and Dr. Rajnish Tiwari from Center for Frugal Innovation of TU Hamburg will deliver keynotes and discuss with the participants.
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.
On 12 January 2016, around 30 stakeholders from industry, academia and politics met in Hamburg to analyse and discuss the relevance of frugal innovations for German companies and society-at-large. Frugal innovations are defined as (technological) solutions, focussed on their core functions robustness, user-friendliness and affordability. This phenomenon has, so far, predominantly been observed in emerging markets. The model of frugal innovations could, however, also hold great potentials for industrialized nations, such as Germany, and other international marketplaces. The importance of frugal innovations is, as evidence shows, expected to increase for the domestic market, too.
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.