This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring 'cost' driven innovations to being more 'resourceful' and 'sustainable' at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.

Chapter 0 Introduction: What we don't know about Frugal Innovations yet? Future Research Potentials to Leverage Constraints for Driving Innovations on a Global Scale

Chapter 1 Institutional Perspectives on Frugal Innovation
Chapter 2 Frugal Innovation in Healthcare: Factors Affecting the Diffusion in Developing Economies
Chapter 3 Strategic Alignment of Multinational Corporations for Frugal Innovation - A Case Study
Chapter 4 Quality Control of Frugal Products
Chapter 5 User-driven Innovation with Frugal Characteristics: A Multi-Case Analysis of China's Innovation-Driven Economy
Chapter 6 Fostering Frugal Innovation through Computer-aided Engineering: Benefits and Challenges for Emerging Economy Firms
Chapter 7 Frugal Innovation for Developed Markets: Target Customers, Characteristics, Success Factors
Chapter 8 New Business Models for Frugal Innovation: Experience from an Enterprise Supporting Sustainable Smallholder Agriculture in Kenya
Chapter 9 Small Industrial Companies and Frugal Innovation: A Case Study in the State of Alagos/Brazil
Chapter 10 Implementing Frugal Innovation: Leveraging Constraints as Opportunities for Electric Rickshaws in India
Chapter 11 Building Sustainable Innovation Through Changes in Employee Behavior and Organizational Capabilities
Chapter 12 Digital Transformation as Enabler of Affordable Green Excellence: An Investigation of Frugal Innovation in the Wind Energy Sector
Chapter 13 Frugal Digital Innovation: Leveraging the Scale and Capabilities of Platform Ecosystems.