Frugal Innovation and Knowledge Transferability
Artikel i vetenskaplig tidskrift, 2016

OVERVIEW: Western firms are generally advised to rely on emerging market partners when attempting to develop frugal innovations for these developing markets. Underlying such advice is the idea that the requirements of emerging market consumers may not be familiar to Western firms and local developers will better understand local needs. We propose an alternative approach for high-tech firms-one that relies on home-based breakthrough R&D focused on emerging market needs. Three frugal innovation projects at a Swedish medical devices manufacturer serve to illustrate both how home-based breakthrough R&D can help managers reconceptualize their core products and the contextual factors favoring such an approach.

Frugal innovation

Breakthrough R&D

Knowledge transferability

Författare

Peter Altmann

Chalmers, Teknikens ekonomi och organisation, Innovation and R&D Management

R. Engberg

Research Technology Management

0895-6308 (ISSN)

Vol. 59 48-55

Ämneskategorier

Ekonomi och näringsliv

DOI

10.1080/08956308.2016.1117323