Frugal Innovation - BoP Shelter
"We study frugal innovation in relation to economic transformation to find out where and when frugal innovation is capable of positively influencing the lives of people at the Bottom of the Pyramid (BoP)" - Delft University of Technology and the Erasmus University Rotterdam in the Netherlands.
What is frugal innovation?
–Frugal innovation is about lowering the complexity and cost of producing a product - in a scalable and sustainable manner.
– Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a product and its production.
–In our increasingly resource-constrained world, consumers are demanding affordable, high-quality products that are environmentally friendly and socially inclusive
–Navi Radjou discusses his new book "Frugal Innovation: How To Do More With Less"
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