Abstract
The objective of this paper is to understand the processes of the development of frugal innovation with an entrepreneurial spirit. The contributions of this study are twofold. First, we explore, compare, and contrast two very different contexts - grassroots and elite - of frugal innovation processes. Second, we show how individuals have very different understandings of frugal innovations as well as capacities and resources needed for the development of frugal innovations. Two prominent frugal innovation cases are used in this study. One innovation was developed by individuals from the USA and another developed by an individual from the Gujarat, India. Using effectuation theory we find that there are some distinct differences between two categories regarding finance, access to science and technology, the motivation of innovators, options they have, actions they take, etc.
| Original language | English |
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| Title of host publication | 2017 R&D Management Conference |
| Number of pages | 7 |
| Publication date | 5 Jul 2017 |
| Publication status | Published - 5 Jul 2017 |
| Event | R&D Management Conference 2017 - Leuven, Belgium Duration: 1 Jul 2017 → 5 Jul 2017 http://kuleuvencongres.be/rnd2017/articles |
Conference
| Conference | R&D Management Conference 2017 |
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| Country/Territory | Belgium |
| City | Leuven |
| Period | 01/07/2017 → 05/07/2017 |
| Internet address |