Journal ArticleDOI
Jugaad—From ‘Making Do’ and ‘Quick Fix’ to an Innovative, Sustainable and Low-Cost Survival Strategy at the Bottom of the Pyramid
TLDR
The Indian jugaad was commonly constructed to be a frugal form of innovation engendered from the lack of resources and unhealthy financial conditions, and has been recently imported to the USA.Abstract:
Until recent times, Indian jugaad was commonly constructed to be a frugal form of innovation engendered from the lack of resources and unhealthy financial conditions, and has been recently imported...read more
Citations
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A Systematic Literature Review of Constraint-Based Innovations: State of the Art and Future Perspectives
TL;DR: This study attempts to systematically organize and synthesize the research on innovation approaches originated in, for or from emerging markets, and finds growing standardization in terminology usage and increasing emphasis on “bottom-up” and structured innovation approaches.
Journal ArticleDOI
Frugal innovation: A review and research agenda
TL;DR: A systematic research approach was applied in this paper to synthesize the frugal innovation literature, and 101 relevant articles from 11 publication databases were extracted from a standard research review protocol.
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How Frugal Innovation Promotes Social Sustainability
TL;DR: In this article, the authors present a framework that identifies essential themes of social sustainability and explores them through frugal innovation, which can be viewed as an approach towards fulfilling the United Nations Sustainable Development Goals.
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Frugal approach to innovation: State of the art and future perspectives
TL;DR: In this article, the authors carried out a systematic literature review (SLR) and analyzed 113 articles that have been published since 1990, and asked experts to validate the main research gaps they had identified through the SLR.
Journal ArticleDOI
Mapping the frugal innovation phenomenon
TL;DR: In this article, a study aims at mapping the frugal innovation phenomenon and reveals that scholars affiliated with Indian institutes and originated from India have played a key role in this research discipline.
References
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Book
The fortune at the bottom of the pyramid : eradicating poverty through profits
TL;DR: The Future of Competition (HBS B O O K R E V I E W S) as discussed by the authors is a very human record of the journey made not only by Prahalad, his colleagues, students, and colleagues at the University of Michigan and elsewhere, but also by the poor whose stories represent the case material included in Parts II and III of this exemplary volume.
Journal ArticleDOI
The Mirage of Marketing to the Bottom of the Pyramid: How the Private Sector Can Help Alleviate Poverty:
TL;DR: The bottom of the pyramid (BOP) proposition argues that large companies can make a fortune by selling to poor people and simultaneously help eradicate poverty as mentioned in this paper, but the market at the BOP is generally too small monetarily to be very profitable for most multinationals.
Journal ArticleDOI
Bottom of the Pyramid as a Source of Breakthrough Innovations
TL;DR: In this paper, the authors identify the bottom of the pyramid (BOP) markets as a new source of radical innovation and suggest that external constraints can be utilized to build an innovation sandbox within which new products and business models can be created.
Book
The next 4 billion : market size and business strategy at the base of the pyramid
TL;DR: In this paper, the authors present empirical measures of low-income people' behavior as consumers and their aggregate purchasing power suggest significant opportunities for market-based approaches to better meet their needs, increase their productivity and incomes, and empower their entry into the formal economy.