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Frugal innovation in developed markets – Adaption of a criteria-based evaluation model

Thomas Winkler, Anita Ulz, Wolfgang Knöbl, Hans Lercher · 2019 · Journal of Innovation & Knowledge

Summary. This paper develops an evaluation model to assess why frugal innovations succeed or fail in developed markets. The authors adapt existing criteria for frugal innovation and introduce the concept of "second-degree frugal innovation" to distinguish developed-market frugal products from those in developing markets. Through three case studies, they demonstrate that frugal innovation success depends heavily on market context, with differences in usability, quality, and pricing. The model provides practitioners with tools like value analysis to optimize frugal product development.

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Winkler, T., Ulz, A., Knöbl, W., & Lercher, H.. (2019). Frugal innovation in developed markets – Adaption of a criteria-based evaluation model. Journal of Innovation & Knowledge. https://doi.org/10.1016/j.jik.2019.11.004

Details

DOI
10.1016/j.jik.2019.11.004
Countries
Austria
Regions
Europe
Categories
innovation-theory, entrepreneurship, general-innovation
Added
2026-04-28