← All articles

Photo · Gordon More

Frugal innovation-past, present, and future

Nivedita Agarwal, Alexander Brem · 2017 · IEEE Engineering Management Review

Summary. Frugal innovation has evolved from targeting low-income customers in emerging markets to a global approach addressing environmental and demographic challenges. The concept now emphasizes resourceful, sustainable solutions with strong value propositions rather than simply cheap products. Advanced economies increasingly adopt frugal principles driven by resource constraints and changing consumption patterns, positioning frugal innovation as a worldwide phenomenon with significant socio-economic impact.

Read the original

Cite this article

Agarwal, N., & Brem, A.. (2017). Frugal innovation-past, present, and future. IEEE Engineering Management Review. https://doi.org/10.1109/emr.2017.2734320

Details

DOI
10.1109/emr.2017.2734320
Countries
Germany
Regions
Europe
Categories
innovation-theory, regional-innovation-systems, general-innovation
Added
2026-04-28