Defining frugal innovation: a critical review. Issue 4 (5th October 2021)
- Record Type:
- Journal Article
- Title:
- Defining frugal innovation: a critical review. Issue 4 (5th October 2021)
- Main Title:
- Defining frugal innovation: a critical review
- Authors:
- Hindocha, Chandni N
Antonacci, Grazia
Barlow, James
Harris, Matthew - Abstract:
- Abstract : Frugal innovation (FI), which has gained traction in various sectors, is loosely defined as developing quality solutions in a resource-constrained environment that are affordable to low-income consumers. However, with its popularity, multiple and diverse definitions have emerged that often lack a theoretical foundation. This has led to a convoluted conceptualisation that hinders research and adoption in practice. Despite this plethora of perspectives and definitions, scholars do agree that there is a need for a unified definition. This critical review across the management, entrepreneurship, business and organisation studies literatures explores the multiple definitions of FI that have appeared in the last two decades and seeks to examine the commonalities and differences. One definition is supported by a theoretical underpinning, and main themes include affordability, adaptability, resource scarcity, accessibility and sustainability, however, there remains significant ambiguity around what constitutes an FI. Defining FI as a concept should not deter from focusing on its core aim and identifying an FI may be best achieved by comparing it to an incumbent alternative, rather than against an ill-defined concept. There is merit in developing a common understanding of FI to support strategies for its successful acceptance and diffusion globally.
- Is Part Of:
- BMJ innovations. Volume 7:Issue 4(2021)
- Journal:
- BMJ innovations
- Issue:
- Volume 7:Issue 4(2021)
- Issue Display:
- Volume 7, Issue 4 (2021)
- Year:
- 2021
- Volume:
- 7
- Issue:
- 4
- Issue Sort Value:
- 2021-0007-0004-0000
- Page Start:
- 647
- Page End:
- 656
- Publication Date:
- 2021-10-05
- Subjects:
- delivery of health care -- global health -- healthcare economics and organisations -- health services research
Medicine -- Research -- Periodicals
610.72 - Journal URLs:
- http://www.bmj.com/archive ↗
http://innovations.bmj.com/ ↗ - DOI:
- 10.1136/bmjinnov-2021-000830 ↗
- Languages:
- English
- ISSNs:
- 2055-8074
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 27076.xml