Tag Archives for " frugal innovation "
Frugal innovation One of the emerging topics of both research and organisational interest over the last 15 years has been the area of frugal innovation. Frugal innovation refers to low-cost new products, methods and designs that have been created for or come out of what is known as the bottom of the pyramid or the […]
Read moreWhat is frugal innovation? Frugal innovation refers to low-cost new products, methods and designs that have been created for or come out of what is known as the bottom of the pyramid or the unserved lower end of the mass-market. The bottom of the pyramid The idea of the bottom of the pyramid or unserved […]
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