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A conceptual model of frugal innovation: is environmental munificence a missing link?

Rayees Farooq · 2017 · International Journal of Innovation Science

Summary. This paper proposes a conceptual model explaining frugal innovation and its connection to value creation. The author examines how frugal innovation—creating effective solutions with minimal resources—generates value for organizations and customers. The model identifies environmental munificence, the availability of resources in the business environment, as a potentially critical factor linking frugal innovation practices to successful value creation outcomes.

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Farooq, R.. (2017). A conceptual model of frugal innovation: is environmental munificence a missing link?. International Journal of Innovation Science. https://doi.org/10.1108/ijis-08-2017-0076

Details

DOI
10.1108/ijis-08-2017-0076
Countries
India
Regions
Asia
Categories
innovation-theory, general-innovation
Added
2026-04-28