Frugal innovation and sustainable business models

<p dir="ltr">This study aims to explore how frugal innovations (FIs) emerge at the grassroots level of developing countries and employ novel business models to contribute to sustainable development. It explores various business model elements, mainly viewed through the lens of value...

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Main Author: Mokter Hossain (14634969) (author)
Published: 2021
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author Mokter Hossain (14634969)
author_facet Mokter Hossain (14634969)
author_role author
dc.creator.none.fl_str_mv Mokter Hossain (14634969)
dc.date.none.fl_str_mv 2021-01-02T00:00:00Z
dc.identifier.none.fl_str_mv 10.1016/j.techsoc.2020.101508
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Frugal_innovation_and_sustainable_business_models/24087639
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Strategy, management and organisational behaviour
Business model
Grassroots innovation
Frugal innovation
Sustainability
Developing countries
dc.title.none.fl_str_mv Frugal innovation and sustainable business models
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">This study aims to explore how frugal innovations (FIs) emerge at the grassroots level of developing countries and employ novel business models to contribute to sustainable development. It explores various business model elements, mainly viewed through the lens of value proposition, value creation, and value capture. FIs transform underserved customers at the grassroots level into novel consumer groups. By exploring three FI cases, this study contributes to the literature about FI business models. It shows how individuals with limited education, funds, and resources can bring affordable products to market using outside the box thinking to meet the needs of underserved customers in developing countries.</p><h2>Other Information</h2><p dir="ltr">Published in: Technology in Society<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.techsoc.2020.101508" target="_blank">https://dx.doi.org/10.1016/j.techsoc.2020.101508</a></p>
eu_rights_str_mv openAccess
id Manara2_c8ea6d539158e123193dc85ac4362e00
identifier_str_mv 10.1016/j.techsoc.2020.101508
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/24087639
publishDate 2021
repository.mail.fl_str_mv
repository.name.fl_str_mv
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rights_invalid_str_mv CC BY 4.0
spelling Frugal innovation and sustainable business modelsMokter Hossain (14634969)Commerce, management, tourism and servicesStrategy, management and organisational behaviourBusiness modelGrassroots innovationFrugal innovationSustainabilityDeveloping countries<p dir="ltr">This study aims to explore how frugal innovations (FIs) emerge at the grassroots level of developing countries and employ novel business models to contribute to sustainable development. It explores various business model elements, mainly viewed through the lens of value proposition, value creation, and value capture. FIs transform underserved customers at the grassroots level into novel consumer groups. By exploring three FI cases, this study contributes to the literature about FI business models. It shows how individuals with limited education, funds, and resources can bring affordable products to market using outside the box thinking to meet the needs of underserved customers in developing countries.</p><h2>Other Information</h2><p dir="ltr">Published in: Technology in Society<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.techsoc.2020.101508" target="_blank">https://dx.doi.org/10.1016/j.techsoc.2020.101508</a></p>2021-01-02T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.techsoc.2020.101508https://figshare.com/articles/journal_contribution/Frugal_innovation_and_sustainable_business_models/24087639CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/240876392021-01-02T00:00:00Z
spellingShingle Frugal innovation and sustainable business models
Mokter Hossain (14634969)
Commerce, management, tourism and services
Strategy, management and organisational behaviour
Business model
Grassroots innovation
Frugal innovation
Sustainability
Developing countries
status_str publishedVersion
title Frugal innovation and sustainable business models
title_full Frugal innovation and sustainable business models
title_fullStr Frugal innovation and sustainable business models
title_full_unstemmed Frugal innovation and sustainable business models
title_short Frugal innovation and sustainable business models
title_sort Frugal innovation and sustainable business models
topic Commerce, management, tourism and services
Strategy, management and organisational behaviour
Business model
Grassroots innovation
Frugal innovation
Sustainability
Developing countries